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Bloomberg

Arabian Mills’ $271 Million Saudi IPO Sells Out in An Hour

(Bloomberg) -- Arabian Mills for Food Products Co.’s initial public offering in Saudi Arabia was fully covered within an hour of books opening, the...

European Stocks’ Quest to Outshine US Markets Is Fading Quickly

(Bloomberg) -- The promise of European stocks gaining an edge over their US counterparts is fading after a brief spell of outperformance, as concerns...

German Far Right Seen Gaining in Regional Votes: What to Watch

(Bloomberg) -- The eastern German states of Saxony and Thuringia vote Sunday in elections that are expected to see the far-right Alternative for Germany...

Turkish Firms Face ‘Groundswell’ of Problems as 50% Rates Bite

(Bloomberg) -- Turkish companies are struggling under the weight of myriad challenges, hit by a combination of stubbornly high inflation, rising costs, dwindling access...

South Korea’s Export Momentum Picks Up, Boosting Growth Outlook

(Bloomberg) -- South Korea’s export growth returned to a double-digit clip last month, an outcome that bodes well for the economic outlook and reflects...

US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation

(Bloomberg) -- Upcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for...

Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall

(Bloomberg) -- Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year,...

Guyana Raises Growth Estimates to 43% as Oil Production Surges

(Bloomberg) -- President Irfaan Ali raised estimates for Guyana’s yearly growth to 42.8% from a prior 34.8%, as he projects “ramped up” investments from...

US Steel Industry Sees Economy Reviving Demand in 2025

(Bloomberg) -- American steel executives say they’re optimistic that demand for the industrial material will rebound next year, recovering from the lackluster demand and...

Charting the Global Economy: Inflation Eases in US and Europe

(Bloomberg) -- Inflation cooled in the US and Europe, setting the stage for policymakers in both regions to lower interest rates in September.Most Read...

Will Gold’s Tailwinds Be Enough to Overcome September Curse?

(Bloomberg) -- Gold investors returning from their summer holidays will be eager to see whether the precious metal can sustain its record-breaking rally, or...

China Factory Activity Extends Slide as Headwinds Mount

(Bloomberg) -- China’s factory activity contracted for a fourth straight month in August, the latest sign the world’s No. 2 economy may struggle to...

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