Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
1970-01-01 08:00
Esmark Offers to Buy US Steel for Cash, Trumping Cliffs
Esmark Inc. has offered to buy United States Steel Corp. for $35 a share, trumping an earlier bid
1970-01-01 08:00
Javier Milei Brings Uncertainty as Wall Street Weighs Argentina Vote
Wall Street is preparing for Argentina’s presidential election to come down to a November run-off after libertarian outsider
1970-01-01 08:00
Up to 25 people trapped under a collapsed temple in northern India as heavy rains kill at least 41 people
Deadly flooding has caused a temple to collapse in the Northern Indian state of Himachal Pradesh on Monday, killing nine people and leaving up to 25 others trapped in the rubble.
1970-01-01 08:00
Near-Term Inflation Outlook at Lowest Since 2021 in Fed Survey
US consumers’ near-term inflation expectations declined in July for a fourth month, reaching the lowest level since April
1970-01-01 08:00
Hedge Funds Prepare for Legal Battle With SEC Over Fee Disclosures
Hedge funds and private equity firms are laying the groundwork for a legal clash with the US Securities
1970-01-01 08:00
India Inflation Breaches RBI Target in July as Food Costs Jump
Retail inflation in July breached the Reserve Bank of India’s tolerance level for the first time in five
1970-01-01 08:00
Adnoc Weighs Boosting Covestro Bid Again to €11.6 Billion
Abu Dhabi National Oil Co. indicated it’s prepared to boost its informal offer for Covestro AG to about
1970-01-01 08:00
India’s July Trade Gap Widens as Weak Demand Drags Exports
India’s trade deficit widened last month as exports and imports stayed weak on slowing demand. The gap between
1970-01-01 08:00
Meloni Takes Ownership of Banks Levy That Showed Populist Bent
Giorgia Meloni assumed full responsibility for last week’s surprise decision to impose a 40% tax on Italian banks’
1970-01-01 08:00
BRICS Isn’t Competing With Any Bloc, South African Diplomat Says
The BRICS group of emerging-market nations will discuss deepening the use of local currencies in trade between member
1970-01-01 08:00
UK Wages Expected to Feed Pressure for Bank of England Hikes
Britain’s inflation fever may be starting to break, but data due out this week is expected to show
1970-01-01 08:00