World News Feed
Latest news from trusted sources around the world
Bank of Canada Likely to Stay on Hold as Oil Scrambles the …
The Bank of Canada is likely to hold interest rates steady as policymakers weigh the inflation risk of higher oil prices against a string of …
Greece Pushes LNG Hub Role in Europe’s Post-Russian Gas Era
Greece is positioning itself as a key gas hub for central and southeastern Europe as the continent moves toward a full phaseout of Russian energy, …
Janus Bidding War Heats Up With Fresh Victory Capital Offer
Victory Capital Holdings submitted a fresh offer for Janus Henderson Group Plc, as the bidding war for the London-based investment firm intensifies amid a wave …
Asia Oil Refiners Face Big Losses as War Upsets Hedging Strategy
Asian oil refiners are staring down deep losses after the Middle East war caused the benchmark Dubai price to soar, upending their hedging positions, according …
UAE Gas Field Hit, Key Oil Hub Halts as Energy Attacks Intensify
A large gas field in the United Arab Emirates was set ablaze after a drone strike and a vital oil port was halted again, piling …
Mr Price Defends NKD Retail Deal in EU Amid Investor Concerns
Mr Price Group Ltd. shares gained as Chief Executive Officer Mark Blair defended the South African clothing chain’s purchase of the retail business of NKD …
US Diesel Tops $5 a Gallon as War Disrupts Supply Chains
US diesel rose above $5 a gallon for the first time since December 2022, the latest sign of surging fuel price pressures menacing the global …
India’s UTI Pension Fund Pivots to Bonds After Equity Spree
India’s third-largest pension fund is returning to bonds after a year of heavy equity buying, a shift that could bring some relief to the country’s …
Japan’s 20-Year Bond Sale Demand In-Line With 12-Month Average
Japan’s 20-year government bond auction Tuesday saw demand that was in line with the 12-month average, as investor appetite remained steady despite inflation worries fueled …
Goldman Says Oil’s Biggest Shock to Hurt Refined Products Most
The largest oil market shock on record triggered by the war in the Middle East is set to have a greater impact on products such …
Morgan Stanley Sees Private Credit Default Rates Reaching 8%
Default rates in direct lending will climb to 8% as advances in artificial intelligence continually disrupt the software industry, according to Morgan Stanley.
Stocks See Cautious Advance With Oil Above $95: Markets Wrap
Wall Street staged a cautious advance, with stocks rising after oil eased from session highs, but remained above levels that could stoke concerns about inflationary …
OrangeTheory Brand Pres. on Longevity, Consumer Trends
Orangetheory Fitness Brand President Lauren Cody discusses fitness trends, longevity, and the 'shared accountability' that group settings can help establish in fitness environments. She talks …
PFL President on Sports Betting, Partnerships, MMA Rise
Professional Fighters League CEO John Martin discusses global expansion opportunities, reaching an 'underserved' MMA community, and potential platform partners. He talks with Romaine Bostick and …
Fmr. Minneapolis Fed Pres.: Slower Economic Growth Ahead
Former Minneapolis Fed President Gary Stern discusses the unlikely chance of a change in policy coming out of the upcoming Fed meeting, and the possibility …
Wall Street’s ‘Tax Alpha’ Trades Are Saving Rich Investors Billions
Active managers are in a new gold rush, racing to develop strategies that can help wealthy Americans crush their tax bills.
Shortage of Naphtha Threatens Supply Chain Chaos in Japan
For all the headlines about the looming shortage in crude oil, Japan faces a more immediate hit to its industrial supply chain from a little-known …
Bond Managers Bet Central Banks Will Diverge Despite War
Bond managers are doubling down on bets that central banks’ monetary policy will diverge, even as the inflation fear unleashed by the war in Iran …
Dollar Heads for Worst Day in Over a Month as Oil Prices …
The dollar is headed for its worst day in over a month as hopes that shipping traffic through a key oil route will resume pushed …
Guinea Eyes Stricter Bauxite Supply Rules to Arrest Price Slump
Guinea, the world’s largest producer of bauxite, is in discussions with miners about plans to control the volume of ore supplied to the market and …
IEA Says More Emergency Oil Stocks Available as War Drags On
The International Energy Agency, which last week announced a record release of oil reserves to ease the impact of the Iran war, said it has …
Iran War Upheaval Jolts Shipping Fuel Suppliers in Singapore
A widening conflict in the Middle East has led to dramatic swings and surges in the price of fuel for ships, prompting distributors in Singapore, …
New World’s Top Shareholder Seeks to Refinance $932 Million Loan
Chow Tai Fook Enterprises Ltd., the main investment arm of Hong Kong billionaire Henry Cheng’s family, is looking to refinance an around HK$7.3 billion ($932 …
Amplifon Buys GN Store Hearing Aid Unit in $2.6 Billion Deal
Amplifon SpA agreed to buy the hearing-aid business of GN Store Nord A/S in a deal valued at 17 billion Danish kroner ($2.6 billion), a …
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