Saturday, November 9, 2024

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Stock market today: Asian markets are mixed after another winning close on Wall Street

BANGKOK (AP) — Asian shares were mixed on Monday after U.S. stocks rose to records to close out their latest winning week. U.S. futures...

Prabowo Brings Back Jokowi’s Mr. Fix It as Economic Adviser

(Bloomberg) -- Indonesia President Prabowo Subianto picked his predecessor’s fix-it man as the chief of the economic advisory council for his new government.Most Read...

Waaree Energies’ IPO Taps Into a 357% Rally in Renewable Stocks in India

(Bloomberg) -- India’s largest solar-panel producer’s $514 million initial public offering was fully subscribed in the first few hours of opening, benefiting from the...

CD&R Nears Sanofi OTC Deal After Signing With Government

(Bloomberg) -- Sanofi entered exclusive negotiations to sell a controlling stake in its consumer health unit to Clayton Dubilier & Rice after the American...

Prosus to Boost E-Commerce Profit to $400 Million for 2025 Year

(Bloomberg) -- Prosus NV plans to deliver $400 million in adjusted earnings before interest and tax from its e-commerce operations in the year to...

Norwegian bank DNB to buy Carnegie for $1.14 billion

STOCKHOLM (Reuters) -Norway's largest bank DNB said on Monday it had agreed to buy Swedish investment bank and asset manager Carnegie from private equity...

UBS sells its 50% stake in Swisscard to American Express

ZURICH (Reuters) -UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50%...

IMF, World Bank meetings clouded by wars, slow economic growth, US election

By David LawderWASHINGTON (Reuters) - Global finance chiefs will gather in Washington this week amid intense uncertainty over wars in the Middle East and...

Israel’s wars are expensive. Paying the bill could force tough choices

On top of the grievous toll in human life and misery, Israel's war against the Hamas and Hezbollah militant groups has been expensive, and...

Morning Bid: SAP sets the tone

A look at the day ahead in European and global markets from Vidya RanganathanEurope's heavyweight software maker SAP reports third-quarter earnings today. The behemoth...

Putin hosts a summit in a bid to show the West it can’t keep Russia off the global stage

In the coming days, Russian President Vladimir Putin will be shaking hands with multiple world leaders, including China’s Xi Jinping, India’s Narendra Modi, Turkey’s...

Oil Rebounds as Israel Plans Next Iran Move After Weekend Attack

(Bloomberg) -- Oil climbed — after slumping almost 8% last week — on tensions in the Middle East, with Israeli Prime Minister Benjamin Netanyahu...

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