European businesses have never been this gloomy about China

European businesses have never been this gloomy about China


Key Points
  • European business optimism about China has hit its lowest on record — worse than during the pandemic — due to slower growth and geopolitical worries.
  • That’s just one of the several record lows in sentiment that the EU Chamber of Commerce in China found in its annual survey.
  • A record 73% of respondents said doing business in China became more difficult in the past year.



Source

Wall Street playbook says buy when war breaks out. How this time could be different
Finance

Wall Street playbook says buy when war breaks out. How this time could be different

Investors are wondering if buying the dip when war breaks out will work this time around as the conflict between the U.S. and Iran grows. The old Wall Street adage “buy the cannons, sell the trumpets” suggests that traders might race to pick up stocks in reaction to war headlines, expecting a rebound. But the […]

Read More
Stocks making the biggest moves midday: MongoDB, Pinterest, NRG Energy, Kontoor Brands & more
Finance

Stocks making the biggest moves midday: MongoDB, Pinterest, NRG Energy, Kontoor Brands & more

Check out the companies making headlines in midday trading. AeroVironment — The drone maker’s stock jumped 9% after AeroVironment said it is still in talks with the U.S. Space Force for the SCAR program contract. Negotiations had been paused in order to revise the terms to speed up delivery times. The company said it is […]

Read More
Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
Finance

Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund

Key Points Blackstone president Jon Gray defended the quality of loans within the firm’s flagship private credit fund after investors as concerns in the sector are growing. Source

Read More