Europe’s debt stress is hitting corporate borrowing costs. Goldman flags who’s vulnerable
Sovereign debt pressure and heavy bond issuance are raising European corporate borrowing costs, squeezing companies with weaker balance sheets, Goldman said.
UBS pretax profits jump 27% in third quarter to $3.59 billion as wealth inflows surge
UBS reported a third quarter pretax profit of almost $3.6 billion.
Oil prices rise as U.S. reportedly tells Gulf countries to prepare for Iran strikes after midterm elections
Oil prices climbed Wednesday as investors weighed the prospect of a prolonged conflict in the Middle East.
Meta- and Google-backed Jio Platforms’ shares soar over 21% on trading debut after record IPO
Jio had offered 270 million shares in the IPO priced at 1,119 rupees apiece, raising 302 billion rupees ($3.2 billion) in the country’s largest-ever IPO.
Trump jokes $5,000 would buy ‘a hamburger and maybe a small dessert’ at Mar-a-Lago as affordability looms over midterm
Trump’s joke comes as Americans say in polls they believe that Democrats would do a better job than Republicans at address concerns about affordability.
Kylian Mbappé faces China backlash as sponsors cut ties over viral meme
Chinese state media has warned Kylian Mbappé that his apology over remarks referring to Mao Zedong as a dictator will be judged against his actions.
Kylian Mbappé faces China backlash as sponsors cut ties over viral meme
Chinese state media has warned Kylian Mbappé that his apology over remarks referring to Mao Zedong as a dictator will be judged against his actions.
Trump says Iran war will end ‘when I want it to’ as costs reportedly balloon to $47 billion
Trump’s statement comes as a report from The Hill revealed that the costs of the Iran conflict has ballooned to $47 billion.
Trump says Iran war will end ‘when I want it to’ as costs reportedly balloon to $47 billion
Trump’s statement comes as a report from The Hill revealed that the costs of the Iran conflict have ballooned to $47 billion.
Labubu-maker Pop Mart’s shares extend declines as third-quarter sales plunge
The company reported a 45% to 50% year-on-year drop in third-quarter revenue.
