Dubai Taxi Gets $41 Billion in Orders for $315 Million IPO
Dubai Taxi Co. received over 150 billion dirhams ($41 billion) in investor orders for its $315 million initial
2023-11-29 22:48
Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:26
US Economy Grew 5.2% in Third Quarter, More Than First Estimated
The US economy grew at an even faster pace in the third quarter than originally estimated, reflecting upward
2023-11-29 22:24
Milei Announces Luis Caputo as Argentina’s Economy Minister
President-elect Javier Milei let slip his choice of economy minister during a radio interview Wednesday morning, saying that
2023-11-29 21:53
Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First Quarter
Billionaire investor Bill Ackman is betting the Federal Reserve will begin cutting interest rates sooner than markets are
2023-11-29 21:52
Barclays Bankers on Edge as Town Hall Lays Out Overhaul Challenge
For traders and investment bankers inside Barclays Plc, the message came from on high: Their unit is sucking
2023-11-29 21:00
Wall Street Expects European Stocks to Trail US Peers Again
Warnings about the glum outlook for European equities next year are growing, with strategists at JPMorgan Chase &
2023-11-29 18:55
Disney’s Failing ‘Wish’ Shows Iger Also Has a Princess Problem
Walt Disney Co.’s Wish was supposed to celebrate the 100th anniversary of the company that invented animated princess
2023-11-29 18:53
OECD Warns Global Economy Risks Losing Momentum
The world’s advanced economies are heading into a deepening slowdown as markedly higher interest rates take a hefty
2023-11-29 18:22
ECB Faces Battle Over Bank Payouts as Top Watchdog Enria Departs
Several bank regulators dissatisfied with the European Central Bank’s tough stance on shareholder payouts are getting ready to
2023-11-29 16:59
Copper Near 10-Week High as Mine Closure Points to Supply Risks
Copper briefly touched a 10-week high after the closure of a major mine in Panama highlighted future supply
2023-11-29 16:55
Global Bonds Surge Toward Best Month Since 2008 Financial Crisis
Global bonds are soaring at the fastest pace since the 2008 financial crisis. A Bloomberg gauge of global
2023-11-29 14:53