Carson Block’s Latest Short Bet Is Burned by Novartis M&A Deal
Carson Block’s Muddy Waters wager against a hedge-fund favorite, Chinook Therapeutics Inc., took a hit Monday after Novartis
2023-06-12 23:46
Panel to Discuss If There’s a Successor for Credit Suisse’s CDS
The panel that oversees the credit-default swap market, the Credit Derivatives Determinations Committees, will discuss whether there’s a
2023-06-12 20:52
Turkish Stocks Soar to Record High on Hopes of Policy Shift
Turkish stocks surged to record highs, while the lira remained at all-time lows, as the appointment of two
2023-06-12 20:51
Eskom Latest: Mozambique Supplies 100MW; Respite From Outages
Mozambique will supply electricity-starved South Africa with 100 megawatts of power immediately and an additional 600 megawatts in
2023-06-12 20:46
JPMorgan reaches settlement with Jeffrey Epstein victims
JPMorgan Chase has settled a class action suit from Jeffrey Epstein's sexual abuse victims.
2023-06-12 20:22
India Inflation Cools Faster Than Expected to 4.25% in May
India’s retail inflation cooled faster-than-expected in May, providing relief to policymakers even as risks from an uneven monsoon
2023-06-12 20:22
Nasdaq to Purchase Adenza From Thoma Bravo for $10.5 Billion
Nasdaq Inc. agreed to buy financial-software maker Adenza from its private equity owners in the exchange operator’s biggest-ever
2023-06-12 20:16
The AI boom is here. Is it too late to invest?
Wall Street has a lot to worry about -- recession and war in Europe, interest rate hikes, sticky inflation, and a softening US economy. But there's at least one sector of market euphoria keeping investors optimistic: artificial intelligence.
2023-06-12 19:51
Morgan Stanley, JPMorgan turn bullish on emerging market local bonds
LONDON Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds,
2023-06-12 19:50
Egypt Says India Is Providing Credit Line in Boost to Economy
India is providing Egypt with a credit line of unspecified value, Egyptian Supply Minister Ali El-Mosilhy said, in
2023-06-12 19:48
Investors Eye Nigeria Devaluation as Central Bank Chief Ejected
Emerging-market investors are looking at a devaluation of Nigeria’s naira after the suspension of the country’s central bank
2023-06-12 19:20
Recession risks still loom for markets calmer after banking turmoil
The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved
2023-06-12 18:28