World News Feed
Latest news from trusted sources around the world
India’s Maruti to Fight Order to Replace Car Over Ethanol Damage
Maruti Suzuki India Ltd. said it will challenge a consumer court order asking the nation’s largest carmaker to replace a vehicle over alleged damage from …
Ladbrokes Owner Entain to Cut 2% of Staff as UK Taxes Hit
Entain Plc will cut 500 jobs, or about 2% of its global workforce, as the gambling industry grapples with higher UK taxes, tighter regulation and …
Multistrat Hedge Fund Paloma to Cut Teams in Latest Pivot
Donald Sussman, the veteran behind Paloma Partners, is pivoting his long-standing multistrategy hedge fund to focus on fewer managers in which he has the highest …
TSMC Says AI Boom Will Go Another Three Years, Defying Skeptics
The chipmaker is sharply increasing its capital spending and sales projections for the year.
Spain’s Naturgy to Build $344 Million Australia Renewables Plant
Spanish energy firm Naturgy Energy Group SA said its Australian unit will invest more than 300 million euros ($344 million) to build its largest renewables …
Saindak Raises Security Concerns in Pakistan’s Mineral-Rich Area
Metallurgical Corp. of China-operated Saindak Metals Ltd. wants Pakistan’s government to boost security for its copper-gold mine project in its restive Southwest Balochistan, echoing warnings …
Emerging Currencies Fall as US, Iran Tensions Strengthen Dollar
Most developing-world currencies fell Thursday as the US launched fresh strikes against Iran, sparking a flight to haven assets that pushed the dollar higher.
DCC Gets Sweetened Bid From KKR, ECP After Drawn-Out Talks
KKR & Co. and Energy Capital Partners have sweetened their bid for DCC Plc to more than £5.7 billion ($7.7 billion) and bought extra time …
Syngenta’s $5 Billion Hong Kong IPO Is Said to Face Fresh Delays
Syngenta Group’s planned $5 billion Hong Kong initial public offering is facing delays as the seed and pesticide company waits for better conditions in the …
Asian Gas Prices Rise to Highest Since March on Mideast Tensions
Asian liquefied natural gas prices rose to the highest since late March as fresh hostilities in the Middle East deepened concerns that shipping through the …
China Seeks to Curb New Bond Sales by LGFVs With Increased Debt
A major Chinese bond regulator is taking fresh steps to curb debt sales by the nation’s municipal borrowers, according to people familiar with the matter, …
Gold Falls as US-Iran Hostilities Rekindles Fed Hike Bets
Gold declined as escalating tensions in the Middle East rekindled expectations that the Federal Reserve may need to hike interest rates to contain stubborn inflation.
Chip Stocks Get Hit as AI Spending Anxiety Builds: Markets Wrap
A selloff in chipmakers dragged down stocks amid concerns over whether massive artificial-intelligence investments will justify lofty valuations, with a resurgence in geopolitical risks also …
Latest Oil Market News and Analysis for July 16
Oil steadied, largely holding onto a run of gains with concerns mounting about disruptions to flows from the Middle East as US strikes against Iran …
JPMorgan Leads $3 Billion Financing for Warburg’s Pantherx Buy
A group of lenders led by JPMorgan Chase & Co. is lining up a debt package worth up to $3 billion to support Warburg Pincus’ …
The Optimistic Case for the Hochul Data Center Pause
All politicians are being forced to navigate this issue.
Partners Group Slumps as Popular Funds Weigh on Asset Growth
Partners Group Holding AG shares slumped after the Swiss manager of private equity and credit funds said client redemptions from its popular evergreen vehicles weighed …
Education Firm Anima Sinks Over 30% as Analysts Pan M&A Deal
Shares of Brazilian education company Anima Holding SA slumped a record 33% on Wednesday after it agreed to repurchase a business it had sold five …
Emerging Currencies Gain as Traders Cut Back Fed Bets on US PPI
An index tracking emerging-market currencies rose Wednesday as the dollar weakened after softer-than-expected US producer prices drove traders to scale back wagers on Federal Reserve …
Stocks Rise as Inflation Data Outweighs Chip Rout: Markets Wrap
Another report showing softer-than-anticipated inflation drove stocks and bonds higher as Wall Street traders further dialed back wagers on Federal Reserve interest-rate increases.
India Refiners Reap Fuel Export Windfall as War Drives Shortages
Oil-product shipments from India are on track to climb to their highest level since September as refiners cash in on robust profit margins after a …
Indian Activist’s Health Worsens in Hunger Strike for Students
The health of a well-known Indian activist is deteriorating more than two weeks into his hunger strike over exam paper leaks, putting pressure on the …
Fed Hike Bets Mount Ahead of CPI Data, Warsh Hearing
Bond traders ramped up bets for a July interest-rate hike ahead of US inflation data and an appearance by the head of the Federal Reserve …
Deutsche Bank May Win Russia-Sanctions Lawsuit Against Linde
Deutsche Bank AG may win a legal battle in a dispute with a corporate client over who has to pick up the tap for losses …
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