World
Stock futures drop as selling resumes on Wall Street after one-day bounce: Live updates
Traders work on the floor at New York Stock Exchange American at the New York Stock Exchange in New York City, U.S., April 10, 2025. Jeenah Moon | Reuters Stock futures fell Tuesday, resuming the selling seen late last week, as fears around U.S.-China trade relations continue to percolate. Dow Jones Industrial Average futures lost […]
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GM to take $1.6 billion charge related to EV pullback
A Chevrolet Silverado EV and a Chevrolet Brightdrop, which is assembled in Canada, are seen on display at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2025. Carlos Osorio | Reuters DETROIT — General Motors’ third-quarter results next week will include a $1.6 billion impact from its all-electric vehicle plans not playing out […]
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Rare earth stocks rally in premarket, extending gains amid renewed U.S.-China trade spat
In an aerial view, a container ship arrives at the Port of Oakland on October 10, 2025 in Oakland, California. U.S. President Donald Trump is threatening to impose a massive increase of tariffs on Chinese imports in response to China’s announcement of new export controls on rare earths. China controls an estimated 70% of the […]
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BlackRock turns bullish on this overlooked corner of European fixed income
European fixed income markets offer a range of trading opportunities for investors, with the region’s collateralized loan obligation space now emerging as a key alpha-generating play, according to BlackRock . “If there’s one area where I think real value is, or the best relative value, it’s in a somewhat niche area, which is in the […]
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Google to invest $15 billion to build data center hub in India; largest outside of the U.S.
Prakash Singh | AFP | Getty Images Google will invest $15 billion to build data center capacity for a new artificial intelligence hub in southern India, Google Cloud CEO Thomas Kurian announced at an event Tuesday. The investment will roll out over the next five years, and will be Google’s largest AI hub in the […]
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China targets five U.S. subsidiaries of South Korea’s Hanwha Ocean, sending shares down 8%
A hull section that will be sent to the final assembly base is loaded onto a semi-submersible vessel at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, China, on September 16, 2024. Costfoto | Nurphoto | Getty Images Shares of South Korean shipbuilder Hanwha Ocean fell more than 8% Tuesday after China sanctioned five of […]
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European markets set to open lower as positive sentiment vanishes
European stocks are expected to open lower on Tuesday, reversing largely positive sentiment at the start of the week. Source
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PayPay valuation could exceed $20 billion in planned December U.S. IPO, sources say: Reuters
Investors expect the valuation of PayPay could exceed 3 trillion yen ($20 billion) as SoftBank 9984.T prepares for an initial public offering of the Japanese payments app operator in the United States as early as December, according to two sources. Sopa Images | Lightrocket | Getty Images Investors expect the valuation of PayPay could exceed 3 trillion yen ($20 billion) as SoftBank prepares for an initial public offering of the Japanese payments app […]
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LG Electronics India shares surge 50% on market debut after bumper initial public offering
LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year. Nurphoto | Nurphoto | Getty Images LG Electronics India’s shares surged 50% on their market debut Tuesday, after the company’s initial […]
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Tata Electronics acquires Chinese iPhone supplier Justech’s India unit for about $100 million, sources say
Key Points Tata Electronics has acquired Chinese industrial firm Justech Precision’s India unit for close to $100 million, according to two people familiar with the matter. Tata Electronics has sought to expand iPhone manufacturing capacity as Apple reportedly aims to make all of the iPhones for the U.S. market in India by end-2026. Apple is […]
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