Treasury ‘Melt Up’ Grows as Bond Traders Price Fed Cut by May
Bond traders ramped up their bets on an abrupt end to the Federal Reserve’s tightening cycle, pricing in
2023-11-29 23:20
Elliott takes $1 billion stake in US oil refiner Phillips 66, urges board revamp
By Svea Herbst-Bayliss (Reuters) -Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the
2023-11-29 23:19
Dubai Taxi Gets $41 Billion in Orders for $315 Million IPO
Dubai Taxi Co. received over 150 billion dirhams ($41 billion) in investor orders for its $315 million initial
2023-11-29 22:55
US Economy Grew 5.2% in Third Quarter, More Than First Estimated
The US economy grew at an even faster pace in the third quarter than originally estimated, reflecting upward
2023-11-29 22:29
Poland’s Top Refiner Orlen Plunges on New Windfall Tax Plan
Poland’s largest listed company Orlen SA tumbled the most in nearly two years on plans to force the
2023-11-29 22:29
Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:24
Milei Announces Luis Caputo as Argentina’s Economy Minister
President-elect Javier Milei let slip his choice of economy minister during a radio interview Wednesday morning, saying that
2023-11-29 21:53
Exclusive-Emirates tells Rolls-Royce: Go back to basics, put products first
By Tim Hepher PARIS (Reuters) -The head of Dubai's Emirates has urged Rolls-Royce to go "back to basics" and focus
2023-11-29 21:20
GM to Hike Dividend, Buy Back $10 Billion of Slumping Stock
General Motors Co. will boost its dividend by 33% and repurchase $10 billion of shares — its biggest-ever
2023-11-29 20:50
Hedge funds suffer net $7.6 billion outflows in October - eVestment
By Nell Mackenzie LONDON Investors pulled a net $7.6 billion from the hedge fund industry in October, particularly
2023-11-29 20:25
Sibanye Cuts US Jobs to Lower Costs After Palladium Slumps
Sibanye Stillwater Ltd. plans to cut jobs at its US platinum-group metals operations to lower costs, after palladium
2023-11-29 19:53
Adobe to defend Figma deal at Dec. 8 EU hearing, sources say
By Foo Yun Chee BRUSSELS Adobe will aim to counter EU antitrust charges that its proposed $20 billion
2023-11-29 19:29