US President Joe Biden is considering a trip to Israel as part of a global diplomatic push to prevent the war from spreading in the Middle East. Efforts also saw US Secretary of State Antony Blinken return to Israel Monday, following talks with Arab officials, and German Chancellor Olaf Scholz prepare for a visit Tuesday.
HDFC Bank Ltd., India’s largest private sector lender, kicked off the earnings season for the nation’s banks with an increase in profit that topped expectations.
China’s Tsingshan Holding Group will invest $233 million in a project to make value-added lithium products in northern Chile as the race accelerates for metals critical to the energy transition.
The world is watching as the Israel-Hamas war intensifies, threatening to disrupt the global economy as well as flows of commodities, including oil. Elsewhere, aluminum producer Alcoa Corp. is set to report quarterly earnings on Wednesday after the close of trading and soybeans look to build on last week’s gain.
WeWork Inc. named David Tolley chief executive officer, replacing Sandeep Mathrani, who stepped down in May.
A measure of New York state factory activity contracted in October, reflecting a pullback in demand and suggesting a slowing in inflationary pressures.
US pharmacy chain Rite Aid Corp. filed for bankruptcy in an effort to close unprofitable stores, address lawsuits over its role in the opioid pandemic and rework a debt load of roughly $4 billion.
US equity futures crept higher and Treasuries dropped as caution prevailed among investors tracking diplomatic efforts to contain the Israel-Hamas conflict.
After nearly two weeks watching his closest friends detail the collapse of his FTX crypto exchange, Sam Bankman-Fried is facing the toughest choice in his fraud trial so far: whether to defend himself on the witness stand.
After nearly two weeks watching his closest friends detail the collapse of his FTX crypto exchange, Sam Bankman-Fried is facing the toughest choice in his fraud trial so far: whether to defend himself on the witness stand.
