Connect with us

Funding & Business

US Stocks Surge as Powell Speech Boosts September Rate-Cut Bets

Published

on




US stocks soared on Friday, pushing the Dow Jones Industrial Average to its first closing record this year, after a speech by Federal Reserve Chair Jerome Powell led traders to boost wagers on an interest-rate cut as soon as next month.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Funding & Business

Kumar: Arab States Question US Role In Doha Attack

Published

on




An emergency summit of Arab and Muslim countries in Doha coincides with the fifth anniversary of the Abraham Accords, a set of US-brokered agreements that normalized diplomatic relations between Israel and several Arab states. But the Arab world is now faced with a new reality, the war has come to the Gulf. Prem Kumar, Partner at DGA-Albright Stonebridge Group and Former US National Security Council Senior Director tells Joumanna Bercetche on Bloomberg’s Horizons Middle East & Africa, there are no indications the US is prepared to apply real pressure on Israel. (Source: Bloomberg)



Source link

Continue Reading

Funding & Business

Medical-Device Maker Mindray Picks Huatai, JPMorgan for Hong Kong Listing

Published

on




China’s biggest maker of medical devices, Shenzhen Mindray Bio-Medical Electronics Co., has picked banks for its planned Hong Kong listing, according to people familiar with the matter.



Source link

Continue Reading

Funding & Business

Carlyle-Backed Orion Breweries Prices Upsized IPO at Highest End

Published

on




Orion Breweries Ltd. set its initial public offering price at the top of the range after its shareholders boosted the number of shares to sell.



Source link

Continue Reading

Trending