It’s six weeks into the Iran war, and foreign countries have begun selling U.S. assets and gold to afford the cost of higher oil prices.
Curated and linked market/company news with enrichment tags.
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It’s six weeks into the Iran war, and foreign countries have begun selling U.S. assets and gold to afford the cost of higher oil prices.
The looming market debut of Elon Musk’s rocket company SpaceX has sparked a rush of capital into smaller space ventures with investors eager to find a way to hitch a ride onto what could be the biggest listing ever.
Iran is tightening control over the strategic waterway even as the US demands a reopening.
The effects of the Iran war are being felt across Africa, as soaring fuel prices disrupt transportation and put households under pressure. Our reporters explain how the conflict has left the continent reeling. (Source: Bloomberg)
Russian crude prices rose to the highest in more than 13 years as Moscow benefited from the Iran-linked global oil rally.
US equity futures and oil fluctuate as President Trump’s deadline for Iran to make a peace deal approaches. Bill Ackman's Pershing Square proposes an acquisition of Universal Music Group that would value the record label close to $65 billion. Sitara Sundar of JPMorgan Private Bank discusses her market outlook amid geopolitical uncertainties. (Source: Bloomberg)
The Fed will eventually have to lift interest rates, no matter the official denials, argues a strategist.
CNBC spoke with five U.S. patients who recently started the pill following its launch and have varying initial experiences with the drug.
Blackstone Inc. raised $10 billion for its latest opportunistic credit fund, signaling sustained appetite from institutional investors to capitalize on upheaval in the private debt market.
Investors are now faced with the best opportunity in decades to buy beaten-down tech stocks, say Goldman Sachs strategists.
“I doubt he would pass anything on to them.”
Indonesia’s central bank is continuing to intervene in the markets with stability its “top priority” following the currency’s three-day slide to multiple record lows against the dollar.
Proposed U.S. restrictions would target ASML's deep ultraviolet (DUV) lithography machine, which Chinese companies have so far been able to access.
Bill Ackman's Pershing Square said Universal Music's stock price has "languished" due to a range of issues that can be addressed with the merger.
As the Iran war disrupts energy flows, Indian firms make their first China trip in five years, seeking EV, battery and renewable tie-ups.
H.I.G. Capital appointed Brian Schwartz as chief executive officer, making him the firm’s first non-founder to lead the private equity firm, according to a statement reviewed by Bloomberg News.
Deutsche Bank AG’s US distressed products group more than doubled its net profits in the first quarter, partly driven by shorting a basket of software companies debts, according to people familiar with the matter.
“There was no real expectation of splitting the winnings.”
Pershing Square has proposed a merger to address the stock’s “underperformance.”
Samsung Electronics forecast record first-quarter operating profit that came in far above analyst estimates on booming demand for AI memory chips.
No summary available yet.
Diane Farr has put her longtime Los Angeles–area home on the market and has committed to a life in Washington state near the Canadian set of her hit CBS drama.
Bill Ackman's Pershing Square said Universal Music's stock price has "languished" due to a range of issues that can be addressed with the merger.
Shares of health insurers rallied in premarket trading on Tuesday after the government improved the initial Medicare Advantage rate increase for next year.