Tuesday, October 22, 2024

Bussiness

Morning Bid: SAP sets the tone

A look at the day ahead in European and global markets from Vidya RanganathanEurope's heavyweight software maker SAP reports third-quarter earnings today. The behemoth...

Putin hosts a summit in a bid to show the West it can’t keep Russia off the global stage

In the coming days, Russian President Vladimir Putin will be shaking hands with multiple world leaders, including China’s Xi Jinping, India’s Narendra Modi, Turkey’s...

Oil Rebounds as Israel Plans Next Iran Move After Weekend Attack

(Bloomberg) -- Oil climbed — after slumping almost 8% last week — on tensions in the Middle East, with Israeli Prime Minister Benjamin Netanyahu...

Asia shares wobble; bitcoin rallies on ‘Trump trade’

By Rae WeeSINGAPORE (Reuters) - Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Chinese stocks, but...

Asia shares wobble; bitcoin rallies on ‘Trump trade’

By Rae WeeSINGAPORE (Reuters) - Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Chinese stocks, but...

China’s Steel Demand Has Shrunk to Less Than Half Global Total

(Bloomberg) -- China will account for less than half of global steel consumption in 2024 for the first time in six years, according to...

New President Subianto announces Indonesia’s largest-ever Cabinet, with 109 members

JAKARTA, Indonesia (AP) — Newly inaugurated President Prabowo Subianto announced Indonesia's largest-ever Cabinet late Sunday, with 109 members representing his pledge for a strong...

Oil prices steady after 7% weekly drop

By Colleen HoweBEIJING (Reuters) - Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about...

Oil prices steady after 7% weekly drop

By Colleen HoweBEIJING (Reuters) - Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about...

China cuts benchmark loan prime rates by 25 bps

SINGAPORE/SHANGHAI (Reuters) - China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month...

BofA extends guaranteed FX rate window to a year

(Reuters) - Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in...

S&P 500 Set to Grind Higher Toward 6,000 Milestone: Survey

(Bloomberg) -- This year’s furious rally in US stocks is poised to extend into the final stretch of 2024, even as the US presidential...

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