Voters in seven swing states are feeling the pain of rising prices for household essentials, according to a Bloomberg News and Morning Consult poll that points to trouble for President Joe Biden’s effort to make the economy a centerpiece of his bid for a second term.
Soaring bond yields, a conflict in the Middle East and a tricky earnings season to navigate have cemented market strategists’ view that a year-end rally in European stocks isn’t on the cards.
Enel SpA is on track to miss a key target tied to the terms of almost $11 billion of sustainability-linked bonds, meaning investors may see a rare trigger event play out.
Hong Kong’s existing-home prices dropped to the lowest level since April 2017 in the latest sign of an extended slump in the city’s residential property market.
BPI Wealth, which helps manage around $26 billion in assets in the Philippines, is buying longer-term government bonds on expectation the central bank will trim interest rates as inflation eases in the months ahead.
GameSquare Holdings will buy the pioneering influencer company in an all-stock deal.
Credit Suisse’s flagship real estate fund saw the value of its portfolio plunge by 9% in the third quarter as the global property correction accelerated.
Torrent Pharmaceuticals Ltd. has lined up at least $5 billion in funding as the company is seeking to buy a stake in Mumbai-listed drugmaker Cipla Ltd., according to people familiar with the matter.
Sri Lanka’s official creditors will submit a debt restructuring proposal “very soon,” according to a person with knowledge of the matter.
China strengthened export controls on some categories of graphite, a key material in electric vehicle batteries, in a move that would “safeguard national security and interests.”
