Ozempic Fear in Food and Drink Stocks Has ‘Gone Overboard,’ RBC Says
The stocks rout fueled by the frenzy around a new class of weight-loss drugs is starting to make
2023-10-21 02:51
Russia Considers Extra Gas Tax to Finance Subsidies for Oil Refiners
Russian authorities are considering raising the tax burden on the nation’s gas industry to help finance a return
2023-10-21 01:29
Naira Official Rate Sinks to Near 1,000 on Scramble for Dollars
The naira slid to the brink of 1,000 per dollar in a fresh low in the official market
2023-10-20 23:56
Canada Retail Sales Are Flat, Cementing October Rate Pause
Canadian consumers are tightening their purse strings, cementing a case for the Bank of Canada to hold interest
2023-10-20 23:27
European Gas Wavers Near €50 on Fears of Wider Mideast Conflict
European natural gas fluctuated amid concerns that the conflict in the Middle East will widen and affect global
2023-10-20 23:27
Petrobras Lifts Diesel on Mideast Crisis; Cuts Gasoline
Brazil’s state-controlled oil company Petroleo Brasileiro SA raised domestic diesel prices, saying it is concerned that the conflict
2023-10-20 23:26
Steel Talks Stall Before US-EU Summit, Risking Tariff Return
The US and European Union failed to reach an accord on steel and aluminum ahead of a summit
2023-10-20 21:45
Shekel Traders Grow More Bearish Despite Central Bank Interventions
Israel is staring down a currency market that’s succumbing to fears over the nation’s intensifying war with Hamas,
2023-10-20 20:23
Bitcoin Climbs Back Above $30,000 Before Latest Grayscale Ruling
Bitcoin topped $30,000 for the second time this week on growing expectations that another favorable court action raises
2023-10-20 20:21
US equity funds suffer outflows on rising bond yields, geopolitical tensions
U.S. equity funds registered huge withdrawals in the week ending Oct. 18, hit by a surge in bond
2023-10-20 19:50
Pimco Is Selling Hung Debt It Bought From Banks for a Premium
Pacific Investment Management Co. spent some of last year scooping up debt that banks couldn’t sell at knock-down
2023-10-20 19:27
VinFast Inks $1 Billion Share Sale Pact With Yorkville Advisors
VinFast Auto Ltd. has agreed to sell as much as $1 billion worth of new shares to Yorkville
2023-10-20 19:26