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Bessent Says US Allies in Gulf, Asia Requested Swap Lines
Treasury Secretary Scott Bessent said Wednesday that many Persian Gulf allies along with a number of Asian nations have requested foreign exchange swap lines with …
GE Vernova Soars as Quarterly Orders Topped All of Last Year
GE Vernova Inc., one of the world’s only makers of big natural-gas turbines, soared the most in intraday trading since mid-December after its electrification unit …
Boeing Narrows Cash Burn in First Quarter as Deliveries Rise
Boeing Co. reported lower-than-expected cash outflow as it delivered the most aircraft in the first quarter since 2019, continuing its recovery with higher output and …
Rogers Hits Estimates, Boosts Cash Outlook on Spending Cut
Rogers Communications Inc. matched analysts’ earnings estimates and raised its 2026 outlook for free cash flow as it cuts capital spending. The shares jumped the …
Exxon Mobil Is Said to Consider Sale of Hong Kong Gas Stations
Exxon Mobil Corp. is exploring a sale of its gasoline station network in Hong Kong, according to people familiar with the matter, as the US …
Greece Announces Fresh Relief Measures After Budget Outperforms
Greece announced fresh economic relief measures worth around €500 million ($587.6 million), after data showed the country’s budget outperformed its targets last year.
Nordea Traders Hit by Losses on Surging Rates Expectations
Nordea Bank Abp’s rates traders were wrong-footed in March when the Iran war caused a rapid change in the market outlook for monetary policies.
European Gas Resumes Advance Amid Uncertainty Over Iran Talks
European natural gas resumed its advance as uncertainty over the duration of the supply disruption from the Iran war persisted, even as Washington extended a …
Reckitt’s Sales Weighed Down by Cold Drugs, Iran War Fallout
Reckitt Benckiser Group Plc reported weaker-than-expected sales on lackluster demand for its cold and flu medicines in the US and as the conflict in the …
Traders Push Korea Leveraged Bets to Record as Chip Stocks Rally
Leveraged bets on South Korean equities jumped to a record as the return of the artificial intelligence trade prompts retail investors to chase a rally …
Vietnam Taxi Firm GSM Expects to Hold IPO in 2028, Founder Says
Vietnam’s ride-hailing taxi Green & Smart Mobility JSC, which is owned by the country’s richest man, plans an initial public offering in the second half …
Oil Holds Advance as Trump Extends Truce But Maintains Blockade
President Trump says the US would not launch fresh attacks on Iran but will keep blocking ships linked to the Islamic Republic until “discussions are …
BHP Strikes Iron Ore Deal With China After Months of Talks
BHP Group has struck a supply deal with China’s state-backed iron ore buyer, ending a months-long standoff between a vital consumer and the world’s largest …
S&P 500 Climbs to All-Time Highs; Tesla Jumps Late: Markets Wrap
Stocks climbed to all-time highs as a slew of strong corporate results and President Donald Trump’s extension of a ceasefire with Iran revived risk appetites …
Oil Rises on Elusive Peace Deal Outlook, Iran Gunboat Attacks
Oil inched higher as attempts to resolve the seven-week conflict between the US and Iran struggled, and Iranian gunboats opened fire on vessels near the …
Vanguard Scoops Up Treasuries as Iran Conflict Lifts Yields
Vanguard is boosting its holdings of Treasuries, taking advantage of higher yields following the Middle East conflict to lock in rates and hedge against the …
Commodity Traders Reap Profit Bonanza as Iran War Upends Markets
The world’s biggest energy traders are reaping a fresh profit bonanza as the war in Iran causes unprecedented disruption to oil markets.
Crisis y sanciones de Trump limitan las opciones a cubanos que quieren …
En medio de la campaña de Donald Trump para privar a Cuba de combustible y aislarla políticamente, los cubanos tienen cada vez menos opciones para …
Rising Costs Threaten the Airline Boom
Airlines are walking a tightrope: strong demand and pricing power on one side, rising fuel and labor costs on the other. TD Cowen analyst Tom …
Canadian Telecom Rogers Goes Into Tailspin as Price War Heats Up
Rogers Communications Inc. has gone from the top performer among Canada’s three big telecommunications companies to the sector’s biggest drag, as a wireless price war …
MUFG Bank Seeks More Acquisitions After $4.3 Billion India Deal
MUFG Bank Ltd. is looking for opportunities to make further acquisitions or investments in Asia and elsewhere, according to the new head of the lending …
Treasuries Weaken Before Warsh Testifies for Fed Chair Role
Treasuries pared losses as President Donald Trump said he was extending a ceasefire with Iran after peace talks between the countries aimed at ending the …
Baird Capital Raises $450 Million for Private Equity Fund
The private equity arm of financial services firm Robert W. Baird & Co. has raised $450 million for a fund that will invest in lower …
US Stocks Decline as Investors Mull Warsh Testimony, Iran
US stocks traded lower on Tuesday as investors pored over the latest corporate earnings while assessing the updates on the Iran ceasefire talks as well …
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