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Sectors bracing for a pivot as US midterm elections loomAs the US midterm elections approach, Corporate America anticipates potential shifts in Washington's power dynamics. Analysts predict that ...
Blackstone-backed ASK Group appoints Nehal Shah as Group Head of Legal, Compliance and SecretarialBlackstone-backed ASK Asset & Wealth Management Group has appointed Nehal Shah as group head of Legal, Compliance & Secretarial to strength...
Hinduja Housing Finance appoints Vivek Kannan as CEO, takes over from managing director Sachin PillaiVivek Kannan has been appointed as the chief executive officer of Hinduja Housing Finance Limited. He succeeded Sachin Pillai, who stepped ...
X factor in Musk cocktail: AI synergies are real, but the proposed SpaceX-Tesla merger has red flags for shareholdersElon Musk is exploring a potential merger between Tesla and SpaceX amidst rising valuations and technological collaboration. Both companies...
Tesla-SpaceX deal: Wall Street says inevitable but Musk says it's not certainElon Musk considers the advantages of merging Tesla with SpaceX, particularly in light of escalating capital expenses. However, obstacles l...
SpaceX, Tesla earnings to test Musk's AI spending ambitions as merger talk growsAs SpaceX and Tesla prepare to unveil their third-quarter results, investors are eagerly awaiting insights into revenue and earnings growth...
Musk’s SpaceX, Tesla results to test AI spending as merger speculation buildsSpaceX and Tesla are expected to report third-quarter results on consecutive days this week. This reporting will provide investors insight ...
European shares close out best week since June as earnings soften blow from tech selloffEuropean shares rose significantly due to robust earnings across multiple sectors, providing a buffer against a global tech stock decline. ...
Big US bank stocks head for longest weekly losing streak since 2008Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and ...
Strategy CEO predicts historic surge in Bitcoin banking adoption: 7 drivers that could push banks toward BTC USDStrategy CEO Phong Le predicts a historic rise in Bitcoin banking adoption over the next 12 months, citing seven key drivers. Strategy’s la...
S&P 500’s road to 8,000 grows tougher as yields rise, AI doubts mount; all eyes on quarterly earningsAnalysts are doubtful about the S&P 500 crossing the 8,000 points mark despite strong earnings expectations. The rise in oil prices and bon...
Barclays India appoints Bank of America's Sonali Sharma as legal headSonali Sharma has been appointed as managing director and head of legal at Barclays India. She previously served as head of legal and gener...
US stocks: AI shares tumble up to 16%, erasing $80 billion as hot US inflation fuels rate fearsAmid rising inflation, major AI firms like CoreWeave and Dell Technologies experienced significant stock price drops, losing around $80 bil...
Barclays plans India equity advisory return after a decadeBarclays plans to restart its equity capital markets business in India after nearly a decade, targeting the country’s booming IPO market. S...
Mortgage hedging adds selling pressure to US Treasury market as yields surgeRising US Treasury yields and mortgage rates have triggered increased mortgage-related hedging, adding selling pressure to the bond market....
Mortgage rates for 30 years rise 3 year high due to long-term US Treasury yields. How does it impact homeowners' monthly principal, interest payments and what to expect in near future?US Bonds Market: The rise in yields has pushed 30-year mortgage rates to a nearly three-year high of 7.4 per cent, keeping many homeowners ...
Rupee climbs 1% to 95.76 vs USD after RBI moves to curb dollar demandThe rupee surged 1% to 95.76 against the dollar at Monday’s open after the RBI introduced measures to curb dollar demand and speculative ac...
Rupee slips to over 2-month low on portfolio outflows, RBI likely steps inThe Indian rupee faced a setback on Tuesday, falling to its weakest position in more than two months. Continuous foreign divestment in loca...
Markets bet on RBI rate hike as inflation pressure buildsAs inflation concerns rise, investors are putting their faith in the Reserve Bank of India to implement an interest rate hike. A survey rev...
RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET PollOn Monday, the Reserve Bank of India's Monetary Policy Committee will hold important meetings. Analysts are anticipating a 25 basis points ...