Julian Emanuel, chief equity derivatives and quant strategist at Evercore ISI, explains why he’s not considering the “cyclical rally” in the S&P 500 a bull market. He speaks with Lisa Abramowicz on “Bloomberg Surveillance.”
Frasers Group Plc, the retail empire majority owned by tycoon Mike Ashley, has raised its stake in struggling online fashion hub Asos Plc.
Formula One mogul Bernie Ecclestone pleaded not guilty to a criminal fraud charge for failing to tell British authorities about assets held in a Singapore bank of around $650 million.
Cathay Pacific Airways Ltd. will pay an outstanding dividend of HK$1.52 billion ($194 million) to the Hong Kong government at the end of the month, in another sign the carrier’s financial fortunes are turning the corner after Covid.
Intel Corp., the largest US chipmaker by revenue, will sell part of its holdings in Mobileye Global Inc., raising about $1.48 billion for its ambitious spending plans.
The US and Saudi Arabia are looking beyond last year’s oil spat to focus on billions of dollars-worth of defense and aviation deals and the prospect of diplomatic relations between the kingdom and Israel.
The Confederation of British Industry faces a crunch vote over its future on Tuesday amid a war of words with one of the business lobby group’s biggest rivals.
Tim Clark won’t let go of the Airbus A380.
A Chinese court started initial hearings in a Tesla Inc. lawsuit against a protester who climbed on a Model 3 car at the 2021 Shanghai Auto Show and shouted that a brake failure had almost killed her family.
London hasn’t seen rain in 22 days, close to breaking the previous longest stretch from last July when record-breaking temperatures scorched the capital.
