Jane Street bets big on leveraged ETF swapsJane Street Group has entered the leveraged ETF swap market this year. They provided about $1.2 billion in swaps during the second quarter....
BofA hires Goldman's Srijith Nair to lead Asia ex-China financial institutions bankingBank of America has hired Srijith Nair from Goldman Sachs for key Asia roles. Nair will lead financial institutions group investment bankin...
India supplies Wall Street with CEOs but has a shortage at homeIndia’s biggest private banks are finding it increasingly difficult to identify executives with the breadth of experience needed to lead la...
Global Market: European shares recover as oil rally pauses ahead of Fed decisionEuropean shares recovered after two sessions of losses as a pause in oil prices eased pressure on risk assets ahead of the Federal Reserve'...
Avaada Ventures to raise Rs 3,515 cr via NCDs; $398 mn through ECB for debt refinancingAvaada Ventures plans to raise funds through NCDs and external borrowing. The company will issue rupee-denominated debentures and secure fo...
Global Market: China’s AI boom lifts factory output as property slump deepensChina's industrial output accelerated in August, supported by strong demand for AI-related technology and advanced manufacturing. However, ...
As China slows, global FMCG and consumer giants from L'Oreal to Nestle bet big on IndiaIndia is becoming a key growth focus for global consumer companies. Rising incomes and expanding retail offer major untapped market potenti...
Colgate-Palmolive gets soapy as it weighs over $1 billion personal care brands divestmentColgate-Palmolive is exploring the sale of several mass-market personal care brands. These brands, including Softsoap and Irish Spring, cou...
Global Market: Barclays expects ECB to raise rates again in December as inflation risks persistBarclays expects the European Central Bank to raise interest rates by another 25 basis points in December as persistent inflation and highe...
US Market: Wall Street brokerages see S&P 500 extending rally in 2026 on AI, earningsWall Street brokerages remain bullish on the S&P 500 in 2026, with AI-driven earnings growth and resilient corporate profits expected to su...
Dollar holds gains, yen slips as Mideast energy shock deepensCurrently, the dollar stands firm near its weekly highs, whereas the yen is on a downward trajectory, fueled by apprehensions surrounding e...
Coca-Cola CEO says don’t chase ‘irrational’ pricing as Campa Cola goes ₹10Coca-Cola will not overreact to rivals' pricing strategies in India. The company focuses on fundamentals like brands and revenue growth man...
China says it hopes to agree with US on tariff reductions 'at an early date'China and the United States anticipate reaching an agreement on reducing import taxes soon. Negotiators are working to implement reciprocal...
Barclays raises S&P 500 year-end target to 7,950 on strong earningsBarclays raised its year-end S&P 500 target to 7,950 from 7,800, citing strong corporate earnings and continued AI investment. The brokerag...
Amazon faces class action alleging widespread discrimination against pregnant workersAmazon faces a nationwide class action lawsuit alleging discrimination against pregnant workers. The suit claims the company denied basic a...
Spain mandates new 20-year green bond syndication, seeks to raise €4 billionSpain has announced a new initiative requiring banks to participate in a syndicated 20-year green government bond, aimed at generating abou...
US Stock Market: Barclays turns hawkish on Fed, sees two rate hikes in 2026Barclays has turned more hawkish on the US Federal Reserve, now expecting two 25-basis-point rate hikes in 2026. The brokerage sees increas...