Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
BP has made an agreement to sell a 25% stake in a company that holds a 12% interest in the TANAP gas pipeline to Apollo Global Management for $1 billion. This move is part of BP's strategy to reduce its net debt and adjust its focus from renewables to oil and gas while managing a $20 billion disposal plan by 2027.
Source: YAHOO
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Pasqal, a French quantum computing startup, has partnered with Nvidia to provide its customers with enhanced tools for developing quantum applications. The collaboration will connect Pasqal's quantum units and cloud platform to Nvidia's CUDA-Q open-source platform, facilitating better interfaces and programming models for the quantum community, as stated by CEO Loic Henriet.
Source: YAHOO
Reported about 1 month ago
After years of cautious predictions, market strategists are finally optimistic about European stocks, raising their targets for the Stoxx Europe 600 Index by over 6% following strong economic indicators and a shift in fiscal policy. About half of the strategists surveyed have adjusted their forecasts upwards, driven by expectations of further interest rate cuts and the potential end of the war in Ukraine. Despite some analysts maintaining a bearish outlook, overall sentiment has shifted positively, leading to increased investment in European equities.
Source: YAHOO
Reported about 1 month ago
ドナルド・トランプ大統領は緊急権限を利用して、米国の主要鉱物・石炭の生産能力を高める方針を発表しました。これにより国内の天然資源開発を進め、外国依存を減少させることを目指します。トランプ政権は国防生産法を活用し、新たな鉱物採掘プロジェクトの資金提供を行うほか、鉱山や処理プロジェクトの許可を迅速化することを求めています。これは中国が重要鉱物の処理を支配していることへの懸念に応えるもので、アメリカ国内の供給チェーンの安定化に向けた取り組みです。
Source: YAHOO
Reported about 1 month ago
U.S. stock futures declined as investors reacted to the Federal Reserve's conflicting messages regarding interest rates and economic outlook, compounded by impending tariffs from President Trump. Futures for the Dow, S&P 500, and Nasdaq all fell by 0.4%. While the markets initially responded positively to the Fed's decision to consider rate cuts, concerns over rising inflation and slower growth contributed to a downturn, highlighting ongoing uncertainty surrounding trade policies.
Source: YAHOO
Reported about 1 month ago
The Turkish lira is poised for its steepest weekly drop in almost two years, falling 3.7% after the detention of Istanbul Mayor Ekrem Imamoglu, a major opposition figure. This decline led to significant currency sell-offs and prompted the central bank to implement a substantial interest rate hike to stabilize the situation. As a result, the lira's value fell to 38 per dollar, increasing market volatility and impacting investor sentiment.
Source: YAHOO
Reported about 1 month ago
Chinese stocks in Hong Kong experienced their most significant two-day drop since October 2023, with the Hang Seng China Enterprises Index falling 4.6%. Investors expressed concerns over the absence of new catalysts following a substantial rally earlier. Technology stocks were particularly affected, with companies like Xiaomi and Alibaba dropping over 3%. Analysts warn of potential volatility and profit-taking amidst rising concerns about market valuations exceeding historical averages.
Source: YAHOO
Reported about 1 month ago
UK gas producer Energean has announced the termination of its $945 million asset sale deal with Carlyle due to delays in securing regulatory approvals in Italy and Egypt. Despite this setback, Energean's CEO affirmed the company's commitment to growth and shareholder returns, stating that they are not seeking another buyer for the assets.
Source: YAHOO
Reported about 1 month ago
Shares of Manappuram Finance saw a significant 6% increase following Bain Capital's announcement to acquire an 18% stake in the gold loan provider, valued at $508 million. This investment enables Bain Capital to jointly control the company, influencing strategic decisions as management transitions. Analysts anticipate a positive re-rating of Manappuram's stock as it adapts to new management and market conditions, while the gold loan segment remains a major contributor to its revenue.
Source: YAHOO
Reported about 1 month ago
Gulf Energy Development, led by Thailand's richest man Sarath Ratanavadi, has increased its stake in Kasikornbank to 3.25%, valued at $370 million. This move positions Gulf as the bank's fifth largest shareholder, with expectations for benefits from a potential rise in the bank's share price. The acquisition aligns with Gulf's investment strategy and follows plans for a merger with Intouch Holdings, aiming to create a $25 billion market entity.
Source: YAHOO
Reported about 1 month ago
In 2025, short sellers have gained $15 billion betting against Tesla and Nvidia stocks, with Tesla shorts alone earning nearly $11 billion due to a 40% decline. The overall performance of major tech stocks, including Apple and Nvidia, is suffering as investors reassess growth expectations amidst economic concerns and disappointments over AI spending. As these stocks sit about 20% off their highs, market analysts are pondering whether interest in these leading tech stocks will rebound.
Source: YAHOO
Reported about 1 month ago
Hedge funds are increasingly dominating trading in the UK government's bond market, raising concerns about potential instability. With hedge funds accounting for 60% of trading volumes and employing various strategies in repo markets to position themselves, their significant presence may disrupt the market, affecting government borrowing costs and overall financial stability. Recent warnings from the Bank of England underscore the risks that hedge fund activities introduce, particularly in times of market stress.
Source: YAHOO
Reported about 1 month ago
Oil prices remained stable as traders considered the impact of the first US sanctions against a Chinese refinery for importing Iranian crude, juxtaposed with a delicate global growth forecast. Brent futures dipped below $72 a barrel, although they are on track for their biggest weekly gain since January. The sanctions are seen as a potential risk escalation for oil flows in the region, even as concerns about a global trade war and OPEC+ supply loom.
Source: YAHOO
Reported about 1 month ago
The European Union's recent 'Simplification Omnibus' aimed at reducing bureaucracy for companies has left larger businesses dissatisfied, as key reforms do not significantly alleviate their compliance burdens. RHI Magnesita, a notable Austrian manufacturer, expresses frustration at the ongoing costs of EU sustainability regulations, suggesting that while smaller firms may benefit, larger ones feel sidelined. As EU leaders discuss further reforms, concerns arise over the balance between deregulation and corporate accountability, amidst calls for addressing the excessive red tape that hampers competitiveness.
Source: YAHOO
Reported about 1 month ago
Germany's new aggressive spending strategy is raising borrowing costs across Europe, heightening worries about fiscal stability in peripheral countries like Italy, Greece, Spain, and Portugal. As borrowing yields for these nations rise significantly, there's fear that Germany's approach could lead to a looser debt policy in Europe, complicating fiscal conditions for already highly indebted states. Analysts warn that this trend could elevate interest rates and increase financing burdens for vulnerable countries, while some investment managers suggest that defense spending may be an acceptable form of increased fiscal activity.
Source: YAHOO
Reported about 1 month ago
Heathrow Airport in London is closed for the entire day after a nearby fire at an electrical substation caused a significant power outage, disrupting air travel for hundreds of thousands of passengers. Airlines including British Airways and Virgin Atlantic have canceled numerous flights, while others are being diverted to different airports. The incident is expected to have lasting effects on travel schedules beyond the day of the shutdown.
Source: YAHOO