Rivian results boost shares out of EV startup gloom
By Akash Sriram Shares of Rivian Automotive Inc rose 11% on Wednesday as its positive earnings stood out
1970-01-01 08:00
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
1970-01-01 08:00
Citigroup to Hire JPMorgan Banker Al-Deweesh as Saudi CEO
Citigroup Inc. is set to hire one of JPMorgan Chase & Co.’s top bankers in Saudi Arabia as
1970-01-01 08:00
Norway Irks Wind Power Investors With Plan to Slap 40% Tax
As the US and EU throw billions at building out the industry needed for the transition to a
1970-01-01 08:00
Airbnb tumbles as forecast hints at easing U.S. travel demand
Airbnb's shares slid 13% before the bell on Wednesday after the top vacation rental firm issued a gloomy
1970-01-01 08:00
First Citizens Deposits Beat Estimates in Wake of SVB Deal
First Citizens BancShares Inc.’s deposits surpassed estimates following its rescue deal for Silicon Valley Bank after a run
1970-01-01 08:00
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
1970-01-01 08:00
Wall Street is strangely calm about the debt ceiling. That could all change this month
Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn't lifted soon abound. Still, markets remain rather sanguine about the Washington drama.
1970-01-01 08:00
U.S. prosecutors look at short selling in bank shares - source
By Chris Prentice NEW YORK Federal prosecutors in Washington are looking into short seller activity around the recent
1970-01-01 08:00
Egypt’s Distressed Bonds Fall on Threat of Moody’s Downgrade
Egypt’s dollar bonds sank deeper into distress after Moody’s Investors Service placed the North African nation’s ratings on
1970-01-01 08:00
Egypt Cuts Subsidized Food Allocations to Battle Economic Crisis
Egypt is reducing the amount millions of people can claim under a subsidized food program, part of an
1970-01-01 08:00
Eskom Head in China as South Africa Grapples With Acute Outages
Eskom Holdings SOC Ltd.’s acting chief executive officer traveled to China, as the South African state-owned utility implements
1970-01-01 08:00