Market News Today — AI-Curated Stock & Crypto Headlines

Thai Cargo Ship Hit Near Strait of Hormuz, 20 Crewmen Rescued

A Thai-flagged cargo vessel was struck near the Strait of Hormuz on Wednesday shortly after departing from the United Arab …

Oracle jumps 11% premarket as AI demand challenges 'SaaS apocalypse' fears

Cloud and AI growth beat expectations while investors grow less worried about Oracle’s debt plans and software disruption.

Greece to Impose Cap on Profit Margins for Fuel and Groceries

Greece will impose a profit margin cap on fuel and groceries, in a bid to keep prices of key goods …

Zara Billionaire Ortega to Draw Record Dividend of €3.2 Billion

Amancio Ortega is set to collect about €3.2 billion ($3.7 billion) in dividends this year from Zara owner Inditex SA, …

CVC’s Rob Lucas Says Firm’s Next Buyout Fund Could Set Record

CVC Capital Partners Plc’s next flagship fund could be bigger than its predecessor — still the largest pool of capital …

Oil and the Dollar (and Maybe China) Are the Only Trades That Work

US role as crude producer bolsters the greenback, while China is more insulated from oil surge than expected.

Japan Lobby to Steer Banks on Tackling Booming LBO Business

Japan’s main banking lobby plans to establish risk management guidelines for lenders offering leveraged loans to finance mergers and acquisitions …

Germany Can Weather Iran War If It Doesn’t Last, Institute Says

Germany’s economy is expected to suffer only a minor setback from the war in Iran if the conflict doesn’t escalate …

Bundesbank Abandons Old Headquarters, Building to Be School, Handeslblatt Says

Germany’s Bundesbank will give up its historic headquarters in Frankfurt, ending a decade of uncertainty over the brutalist building, according …

Portugal’s CTT Said to Sound Out Advisers on Banco CTT Options

CTT – Correios de Portugal SA has invited advisers to pitch for roles as it explores options for its banking …

Samancor Plans Job Cuts Despite Reduced Power Price, Union Says

Samancor Chrome Ltd. is pressing ahead with plans to cut jobs even after South Africa’s government and state power utility …

Malaysia Taps Senior Official to Take Next Steps on Graft Chief

Malaysia’s cabinet received a report on the probe into anti-graft chief Azam Baki’s shareholdings and referred the matter to the …