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Bloomberg

South Africa’s Outlook Turns Positive at S&P on Growth View

(Bloomberg) -- South Africa’s prospects for a credit rating upgrade improved after S&P Global Ratings lifted the nation’s outlook on...

Stock Futures Slide as Fed Easing Bets Trimmed: Markets Wrap

(Bloomberg) -- US and European equity futures fell after Jerome Powell indicated the Federal Reserve was in no rush to...

Saudi Fund’s $1 Billion Deal Boosts Middle East Selldowns

(Bloomberg) -- A $1 billion stake sale in Saudi Arabia’s largest mobile phone operator is the latest sign that the...

Bitcoin Speculative Fervor Cools, Traders Await Next Trump Steps

(Bloomberg) -- The speculative frenzy around Bitcoin since Donald Trump’s US election victory is moderating both in the spot and...

Key Investors Say Bet on These Stocks at Sohn Australia Conference

(Bloomberg) -- Though China’s economy is in a period of transition, the country still offers investment opportunities, Oaktree Capital Management...

Siemens Shares Hit Record as Data Center Boom Drives Orders

(Bloomberg) -- Siemens AG’s shares rose to a record after the company said the boom in power hungry data centers...

OMV Says Russian Gas May Halt After Arbitration Win Over Gazprom

(Bloomberg) -- OMV AG warned Russian natural gas supplies may be curbed after it was awarded €230 million ($243 million)...

Kuwait Is Said to Weigh Replacing MD of $1 Trillion Wealth Fund

(Bloomberg) -- Kuwaiti officials are considering changes atop the country’s $1 trillion wealth fund, including potentially replacing its managing director,...

Asian Stocks Fall as China, Strong Dollar Weigh: Markets Wrap

(Bloomberg) -- Asian equities declined Thursday as the dollar’s sustained strength and weakness in China weighed on the region’s risk...

Saudi Wealth Fund Ramps Up Stock Sales to Support Spending Plans

(Bloomberg) -- Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1...

Resolute Halts Trading After CEO Detained by Mali Amid Tax Clash

(Bloomberg) -- Resolute Mining Ltd. halted trading after Mali demanded the Australian gold miner pay about $160 million to resolve...

Copper Falls Below $9,000 as Dollar Extends Post-Election Gains

(Bloomberg) -- Copper fell below $9,000 a ton for the first time in two months as the dollar extended gains...

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