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Barclays Says Buy Inflation Protection to Prepare for Trump Win
Livemint· 5 days agoTo interest-rate strategists at Barclays Plc watching the presidential debate Thursday night, the trade was clear: buy inflation hedges in the US Treasury market. With former president Donald ...
Bob Menendez Ends Defense at Bribery Trial Without Testifying
Livemint· 1 day agoUS Senator Bob Menendez ended his defense case at his bribery trial Wednesday without testifying, setting up closing arguments next week in the New Jersey Democrat’s second corruption trial ...
Milei Picks Pro-Bolsonaro Rally Over Lula for First Brazil Trip
Livemint· 3 days agoArgentine President Javier Milei is finally making his first visit to Brazil, his nation’s largest trading partner. Milei decided against attending next Monday’s summit of Mercosur nations in ...
Asia Port Snarls Spread With Ship Delays Looking to Last Into August
Livemint· 2 days agoPort congestion in some of Asia’s busiest trade hubs may persist into August, as ships diverting away from the region’s most clogged maritime gateways cause bottlenecks at others. Singapore, ...
Norway restricts Arctic property sale citing national security
Hindustan Times· 4 days agoInterest in the Arctic region is growing as climate change reduces sea ice in the area, opening up...
Butter Jumps to Record on Tight Supplies Ahead of Holiday Baking Season
Livemint· 2 days agoButter has never been this expensive as a limited world supply has buyers scrambling before the holiday baking season later this year. Prices hit an average of $7,350 per metric ton on the latest ...
Spain’s Europastry Postpones IPO Citing Election Volatility
Livemint· 5 days agoSpanish bakery firm Europastry SA postponed its initial public offering, becoming the latest European firm to halt listing plans amid the region’s faltering IPO revival. Europastry enjoyed broad ...
CLOs Have Too Much Money and Are Running Out of Things to Buy
Livemint· 4 days agoAbout $311 billion of M&A deals have been announced and completed so far this year, roughly $1 trillion below the same level two years ago when interest rates began to rise, according to data ...
High-Grade Corporate Bond Sales Seen Staying Heavy Over Summer
Livemint· 3 days agoThe Wall Street professionals that underwrite blue-chip US corporate bond sales are bracing for a busy summer, instead of the usual slowdown in July and August. Investment-grade corporations ...
Refiners Turn to Bio-Based Jet Fuel to Cushion Green-Diesel Pain
Livemint· 1 day agoValero Energy Corp., Phillips 66 and Calumet Specialty Products Partners LP are among producers that have retrofitted renewable diesel plants to also make SAF — jet fuel derived from things ...