Stocks rattled, oil sinks as bond markets scream recession
Asian stocks stumbled and oil prices extended a punishing sell-off on Thursday as investors feared an historic drop in long-term U.S. bond yields could portend a recession globally.
Carlsberg half-yearly sales rise 6.5%
Carlsberg reported a 6.5% rise in half-year sales on Thursday, as the Danish brewer sold more expensive beer and its operating margins improved.
Global stocks spooked, oil sinks as bond markets scream recession
Asian stocks slid and oil prices extended a punishing sell-off on Thursday as investors feared an historic drop in long-term U.S. bond yields could prove a herald of recession globally.
Global stocks routed, oil sinks as bond markets flash recession warning
Global stocks crumbled and oil prices extended a punishing sell-off on Thursday as an inverted U.S. bond yield curve intensified fears about a world recession.
Boeing delays delivery of ultra-long-range version of 777X
Boeing Co has pushed back the entry into service of an ultra-long-range version of its forthcoming 777X widebody, the U.S. planemaker said on Wednesday, as it grapples with fallout from the 737 MAX crisis and engine issues with the 777X.
Founder’s grip on WeWork may be hard for investors to stomach
Investors in the upcoming initial public offering of WeWork’s parent, The We Company, are being asked to lower their standards for corporate governance beyond what other technology startups have demanded, securities law experts said on Wednesday.
Global stocks slide as bond markets send recession warning
Global stocks slumped to more than two-month lows in early Asian trade on Thursday, tracking the Wall Street slide as an inverted U.S. bond yield curve sent a flashing warning to investors about rising recession risks.
VMWare in talks to buy Pivotal Software; both controlled by Dell
VMware Inc and Pivotal Software Inc are negotiating a deal for VMWare to acquire Pivotal, according to a regulatory filing from Dell Technologies Inc on Wednesday, valuing Pivotal, a maker of software development and management tools, at about $4 bi…
DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession
Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve were not going to stop a recession from happening and that “once the Fed is in easing mode, it is already too late.”
Vision Fund makes $110 million bet on renewable energy storage
Softbank Group’s Vision Fund has made its first foray into energy storage technology with a $110 million investment in Switzerland-based Energy Vault.
