Funding & Business
Fund Managers Bet on Bank, Consumer Stocks After India Rate Cuts
Money managers are betting Indian banking and consumption stocks have further to run this year, benefiting from the central bank’s aggressive policy rate cuts to lift economic growth.
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Jamie Iannone, president and CEO of eBay, says the company is rolling out AI tools to make selling more efficient. He told Romaine Bostick on “The Close” that AI is helping shoppers find products faster through recommendation technology (Source: Bloomberg)
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A top official in Argentine President Javier Milei’s government said a Chinese bank deliberately pushed down the peso’s value on Monday, taking advantage of thin liquidity in the foreign-exchange market that day.
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“Bloomberg Markets” follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today’s guests: Robinhood VP, GM of Futures and International JB MacKenzie and Rastegar Capital CEO Ari Rastegar. (Source: Bloomberg)
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