Blackstone's New Fund for the Rich Is Looking Just About Everywhere for Deals
Competitors question whether deals the fund has done on its own have been as attractive. Source link
Competitors question whether deals the fund has done on its own have been as attractive. Source link
Amgen sees no bone safety concerns around experimental obesity drug Source link
Oil prices edged higher in early European trade on signs of supply tightness but remain near two-week lows after OPEC again cut demand-growth estimates, with traders now focusing on Wednesday’s U.S. inflation data for interest-rate clues, ANZ Research said. Source link
BEIJING (Reuters) – Chinese technology giant Tencent Holdings (OTC:) posted on Wednesday a 8% rise in third-quarter revenue, driven by growth in its gaming business after the recent launches of new titles. Tencent, the world’s largest video game company and operator of the WeChat messaging platform, reported revenue of 167.19 billion yuan ($23.14 billion) for the quarter ended Sept. 30, in line with average analyst estimates of 167.8 billion yuan,
The 10-year Treasury-Bund yield spread was down and Citi said that any upside surprise in U.S. CPI data on Wednesday could add further impetus to its widening. Source link
NINGDE, China (Reuters) – Robin Zeng, the billionaire founder of CATL, aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth. Zeng told Reuters in an interview that he expects the business of developing and managing “zero carbon” electric grids could be “ten times” larger than supplying electric-vehicle
The British pound is likely to resume its downtrend against dollar after breaking below key support, UOB said. GBP/USD was little changed at 1.2743. Source link
Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in Sydney, the declined 0.75%. The best performers of the session on the were James Hardie Industries PLC (ASX:), which rose 6.21% or 3.12 points to trade at 53.36 at the close. Meanwhile, Megaport Ltd (ASX:) added 3.46% or 0.28 points to end at 8.38 and
Australia’s largest bank reported a flat first-quarter profit after increasing mortgage lending at a faster pace than the overall industry. Source link
WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Tuesday Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead the newly created Department of Government Efficiency. Musk and Ramaswamy “will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump said in a statement. Trump said their work would conclude by July 4, 2026, adding that a smaller