The House Democrat leading his party’s debt-limit fight with Republicans has a warning for US markets: prepare for a summer plunge because Democrats are going to the mat to stop the GOP from using the ceiling to enact spending cuts.
Salesforce Inc.’s venture capital arm is launching a $250 million fund, its largest to date, to invest in generative artificial-intelligence startups.
NatWest Group Plc is selling a €500 million ($533 million) bond to finance women-led businesses, bringing another label to the growing array of ESG bonds in the market.
Billionaire Gautam Adani and his family prepaid $902 million worth of borrowings backed by shares as the ports-to-power conglomerate seeks to pare all share-backed loans by March end to allay investor fears.
As automakers seek stakes in lithium miners to lock in supplies for electric-vehicle batteries, they’re following a path already forged by their shareholders.
Banks and broker-dealers are planning to add headcount in equities electronic-trading roles, bucking the trend in other Wall Street businesses where workforces are being cut.
The European Union plans to encourage governments and companies to use more stable, long-term power market contracts to avoid massive price swings as part of a reform demanded by member states following an unprecedented energy crisis
Qatar’s ruler appointed Sheikh Mohammed bin Abdulrahman Al Thani as prime minister, calling on an experienced diplomat who has helped the gas-rich Gulf state assert its political influence abroad.
A record surge in supply of cobalt last year coincided with weaker demand in the second half, to leave the crucial battery metal in a massive surplus by the end of 2022, according to specialist trading house Darton Commodities.
Several people in Iran have been arrested over a wave of suspected poison attacks at girls’ schools that have hospitalized thousands of students since they were first reported four months ago, a senior government official said.
