Iran said Monday that an expansion of the war between Israel and Hamas was increasingly becoming unavoidable, a signal the main backer of the Palestinian militant group was preparing for a wider conflict.
Glen Point Capital co-founder Neil Phillips is the one going on trial on charges that he manipulated the foreign-exchange market on Dec. 26, 2017, but the former hedge fund executive is hoping the jury pays more attention to his alleged victim: Morgan Stanley.
Donald Trump said he is prepared to give evidence at a London trial as part of his legal fight over the notorious dossier that alleged ties between the Kremlin and the former US president’s successful run to the White House.
President Joe Biden canceled a planned trip to Colorado Monday to focus on national security, the White House said in a statement, as he considers a trip to Israel.
Swiss wealth manager Mirabaud plans to triple the amount of money it manages in Brazil in the next two years as it grows its presence in Latin America’s biggest economy.
Jio Financial Services Ltd.’s quarterly profit doubled in its first set of earnings since it was spun out of Reliance Industries Ltd. as part of founder-owner Mukesh Ambani’s plans to extend his dominance to India’s finance sector.
HDFC Bank Ltd., India’s largest private sector lender, kicked off the earnings season for the nation’s banks with an increase in profit that topped expectations.
The world is watching as the Israel-Hamas war intensifies, threatening to disrupt the global economy as well as flows of commodities, including oil. Elsewhere, aluminum producer Alcoa Corp. is set to report quarterly earnings on Wednesday after the close of trading and soybeans look to build on last week’s gain.
A measure of New York state factory activity contracted in October, reflecting a pullback in demand and suggesting a slowing in inflationary pressures.
US pharmacy chain Rite Aid Corp. filed for bankruptcy in an effort to close unprofitable stores, address lawsuits over its role in the opioid pandemic and rework a debt load of roughly $4 billion.
