Oil Hits $90 on War Escalation Fear as Stocks Drop: Markets Wrap
Stocks fell around the globe, bonds rose and oil hit $90 a barrel on concern that the Israel war with Hamas will escalate into a wider conflict in the Middle East.
VinFast Inks $1 Billion Share Sale Pact With Yorkville
VinFast Auto Ltd. has agreed to sell as much as $1 billion worth of new shares to Yorkville Advisors Global over three years as the Vietnam electric vehicle maker seeks to boost the public float of its US-listed stock.
India Plans Stricter Local Material Norm for Solar Module Makers
India is considering tightening domestic content requirements for the nation’s solar module makers, who are currently relying on imports of key ingredients such as solar cells.
Abu Dhabi Addition of New Exchange-Traded Oil Slips to Next Year
Abu Dhabi is taking its time about allowing one of the emirate’s top crude grades to be traded on a regional exchange.
Steel Talks Stall Before US-EU Summit, Risking Tariff Return
The US and European Union failed to reach an accord on steel and aluminum ahead of a summit on Friday and are poised to keep negotiating until a year-end deadline, when tariffs would return on billions of dollars of transatlantic trade in the absence of a deal.
Amex Profit Hits Record as Customers Flock to Pricey Cards
American Express Co.’s third-quarter revenue and profit soared to record levels as the company continued to attract new cardholders willing to pay an annual fee for its premium products.
How Bankman-Fried Allegedly Spent Billions in Customer Funds Before FTX Collapse
Evidence presented in Sam Bankman-Fried’s trial showed how the FTX co-founder was rising in prominence just as his trading firm was running out of money.
How Bankman-Fried Allegedly Spent Billions in Customer Funds Before FTX Collapse
Evidence presented in Sam Bankman-Fried’s trial showed how the FTX co-founder was rising in prominence just as his trading firm was running out of money.
Most New York Airbnb Applications Don’t Meet City Requirements
New York City has had to return a “vast majority” of applications from Airbnb Inc. and other short-term rental hosts seeking to register their listings because they were illegal, prompting many hosts to list their property for longer-term stays.
Most New York Airbnb Applications Don’t Meet City Requirements
New York City has had to return a “vast majority” of applications from Airbnb Inc. and other short-term rental hosts seeking to register their listings because they were illegal, prompting many hosts to list their property for longer-term stays.