JPMorgan ‘Options Whale’ Worries Resurface as Stocks Extend Drop
To Wall Street worrywarts, a large options position owned by a JPMorgan Chase & Co. equity fund has the potential to add fuel to this sweeping US stock selloff.
To Wall Street worrywarts, a large options position owned by a JPMorgan Chase & Co. equity fund has the potential to add fuel to this sweeping US stock selloff.
President Vladimir Putin urged his government and Russian oil producers to jointly resolve fuel-supply and oil-tax issues less then a week after the cabinet unexpectedly imposed a ban on gasoline and diesel exports.
(Bloomberg) — The US Federal Trade Commission is continuing its challenge of Microsoft Corp.’s $69 billion acquisition of video game company Activision Blizzard Inc., in yet another attempt to fight the deal even after it closes.
A key measure of how much bond investors are compensated for holding long-term debt turned positive for the first time since June 2021, underscoring the potential for interest rates to stay higher for longer.
More than 50,000 Las Vegas-based hospitality workers have voted to authorize a strike if negotiations with the city’s biggest resorts fail to yield a new contract.
Direct-lending funds are working to provide as much as £1.25 billion ($1.5 billion) for the potential buyout of the UK’s Iris Software.
A looming shift in the way US equity trades are settled is sending unintended shock waves through the $7.5 trillion-a-day global market for foreign exchange.
France’s ambassador to Niger left the country, three days after President Emmanuel Macron said the envoy would be pulled out of the West African nation and French troops withdrawn.
President Luiz Inacio Lula da Silva and central bank chief Roberto Campos Neto are about to have their first face-to—face meeting since the leftist leader, seeking to boost Latin America’s largest economy, started a campaign to pressure the monetary authority into lowering interest rates.
European authorities are investigating whether popular weight-loss and diabetes drugs including Novo Nordisk A/S’s Wegovy may be linked to complications during anesthesia.