Nov 29, 2023

Copper Hits 10-Week High as Mine Closure Points to Supply Risks Foreign Buying at Four-Year High Helps Fuel Pakistan Stock Rally Ferrovial Sells $3 Billion Heathrow Stake to Ardian, Saudi Fund Dollar Weakens, Treasuries Rally on Fed Pivot Bets: Markets Wrap Natixis Expects More $1-Billion-Plus M&A Deals in India Swedish Economy in Recession as Consumers Tighten Purse Strings Philips Sleep Apnea Machine Safety Fears Grow; Shares Slump ECB’s Guindos Says Using Frozen Assets Could Damage Euro’s Reputation Spanish Inflation Unexpectedly Slows on Fuel, Tourism Costs Sequoia-Backed Mobikwik Said to Pick Banks for $84 Million IPO Public Debt Markets Just Got Their First Cyber-Catastrophe Bond Thailand Keeps Key Rate Steady at a Decade High as Growth Ebbs BOJ Board Member Signals Waiting for Longer Before Policy Move Ailing Crypto Firm Zipmex Makes Another Attempt at Restructuring Jack Ma Asks Alibaba to ‘Change’ and Praises PDD in Rare Memo Grifols in Talks to Sell Part of RAAS Stake to China Merchants Global Bonds Surge Toward Best Month Since 2008 Financial Crisis Egypt Tourism Chief Shrugs Off War Impact With New Hotel Plans Manulife Sees BOJ Avoiding Rate Increases as Global Growth Slows Canadians lose financial confidence amid economic concerns: index Inflation, longer sales season weigh on shopping habits this Black Friday Canada's high court to rule if bankruptcy wipes out court-ordered fines in B.C. case Influx of seniors who stay in family home face ballooning borrowing costs: Dale Jackson Thrifting, regifting and bargain hunting: The etiquette of gift-giving on a budget Do your research for Black Friday, because not every deal is a good one, experts warn Young professionals more likely to discuss salary with colleagues: survey Top 1% of tax filers saw incomes rise by almost 10% in 2021: Statistics Canada Kids should learn financial literacy in school over 'parallelograms and rhombuses': author Ottawa extends deadline for Underused Housing Tax Financial advice from AI may be educational but not holistic, experts say Women less likely than men to request a raise, negotiate salary: surveys Timing, patience key to nabbing affordable concert, sports resale tickets: fans Many Canadians 'uncomfortably close to broke': MNP It’s never too early to think about tax-loss selling: Dale Jackson Many Canadians stuck in 'chaotic whirlwind of personal finance stress': Edward Jones Money manager of $205M in assets explains how meditation informs his decisions Canadian tech workers make 46% less than U.S. counterparts: TMU study HELOCs can play a vital role in your finance toolkit: Dale Jackson Egypt Tourism Chief Shrugs Off War Impact With New Hotel Plans Europe’s Property Slump Is Near End and Set to Recover, AEW Says First Asia ETF Tracking Saudi Arabian Stocks Debuts in Hong Kong New Zealand Keeps Rates Unchanged, Forecasts Risk of Hike Australia’s Inflation Cools, Boosting Case for Rate Pause Blackstone’s Flex Offices Biggest in London as WeWork Retreats Chinese-Style Quantitative Easing Eyed for Property Fix Deutsche Bank Executive Testifies Loan to Trump Wasn’t Unusual Bank of America to Pay $12 Million Over Reporting of False Mortgage Data Lineage Logistics Eyes Over $30 Billion Valuation in IPO US to Back Million-Dollar Mortgages in San Diego, Breckenridge Signa’s Benko Hands Stake in Holding Company to Swiss Investor Sierra Leone Hunts Gunmen, Tightens Security After Base Attack Sotheby’s Will Lease Headquarters Space to Weill Cornell US Home Prices Hit Record With Eight Straight Months of Gains Amazon Is Eyeing More Miami Office Space as Bezos Moves South Blow For Ruto: Kenya High Court Rules Housing Levy Unfair Sweden’s Property Owners Need to Cut Debt Further, Watchdog Says Danish Central Bank Warns of Swedish Real Estate Spillover Risk Israel-Hamas Truce Enters Final Day As Talks Drag Over Extension Hong Kong Billionaire Cheng Family’s Succession Under Spotlight Copper Hits 10-Week High as Mine Closure Points to Supply Risks Foreign Buying at Four-Year High Helps Fuel Pakistan Stock Rally Nomura Eyes Extra $100 Million Cost Cuts in Wholesale Banking Ferrovial Sells $3 Billion Heathrow Stake to Ardian, Saudi Fund ECB Faces Battle Over Bank Payouts as Top Watchdog Enria Departs Dollar Weakens, Treasuries Rally on Fed Pivot Bets: Markets Wrap Natixis Expects More $1-Billion-Plus M&A Deals in India Swedish Economy in Recession as Consumers Tighten Purse Strings Philips Sleep Apnea Machine Safety Fears Grow; Shares Slump ECB’s Guindos Says Using Frozen Assets Could Damage Euro’s Reputation Sequoia-Backed Mobikwik Said to Pick Banks for $84 Million IPO Ex-Apple AI Scientist Helps Northvolt Speed Up Battery Making Public Debt Markets Just Got Their First Cyber-Catastrophe Bond Supermarkets’ Two-Tier Pricing Schemes Examined by UK Watchdog Prosus Sees E-Commerce Business Profit Sooner-Than-Expected Ailing Crypto Firm Zipmex Makes Another Attempt at Restructuring Jack Ma Asks Alibaba to ‘Change’ and Praises PDD in Rare Memo Dollar Weakens, Treasuries Rally on Fed Pivot Bets: Markets Wrap Spanish Inflation Unexpectedly Slows on Fuel, Tourism Costs Ex-Apple AI Scientist Helps Northvolt Speed Up Battery Making Egypt Tourism Chief Shrugs Off War Impact With New Hotel Plans IEA Says Energy Efficiency Must Improve Faster to Reach Net Zero Binance’s Reboot Faces Test in Thailand After $4.3 Billion US Fine Oil Extends Climb With OPEC+ Meeting and Weaker Dollar in Focus China EV Maker Nio Signs Battery-Swapping Deal With Geely Green Financing Company IREDA Surges 73% in Mumbai Trading Debut Gold Hits Six-Month High as Fed’s Rate-Cut Momentum Swells Chinese Oil Refiners Spend Heavily to Tap Clean Energy Boom Nestle Says India and China Are ‘Big Focus’ for Coffee Growth Saudis Forecast to Cut Oil Price to Asia as Competition Heats Up Milei Meets US Officials, IMF in Post-Victory Washington Visit Adelson Family to Buy Sports Team With $2 Billion Share Sale Sanctioned Russian Tanker in Limbo Shows India’s Oil Dilemma UK’s Fuel Poverty to Grip Over 20% of Households, Charity Says Global ESG Market Shrinks After Sizable Drop in US Lawmakers Say UK Too Reliant on Markets to Tackle Climate Crisis CIB provides $52M loan for Thompson Regional Airport redevelopment in Manitoba P.E.I. utility seeks rate hike for $37M in post-tropical storm Fiona losses Larry Berman on where markets might go in 2024 The Daily Chase: Scotiabank earnings miss Government impersonation, phishing are top financial scams, Interac survey finds Saskatchewan projects $250M deficit in mid-year financial report, expenses up $1.3B Larry Berman on where markets might go in 2024 The Daily Chase: Shopify up after Black Friday Buyer beware: porch piracy set to ramp up with holiday season fast approaching Food inflation: Prices slowed in October but still high Survey says 75% of B.C. 's jobs in next decade will need post-secondary education Manitoba government may push back promise to freeze hydroelectric rates Canadians look for Black Friday deals but plan to spend less: Deloitte Canada Economists react to 'blowout' retail sales figures Canada retail sales jump 0.8% in sharp spending rebound The Daily Chase: Retail sales jump as Black Friday kicks off 'A long time coming': Ottawa looks at requiring corporate climate disclosures Economic impact of U.S. border incident 'could have been so much worse': Niagara Falls mayor The Daily Chase: Investors brace for bank earnings ECB’s Guindos Says Using Frozen Assets Could Damage Euro’s Reputation Vietnam Adopts Rule on Global Minimum Tax for Foreign Firms RBNZ Has Good ‘Vibe’ With New Government, Defends Maori Language Biden Attacks Trump, Treating Him as De Facto Republican Nominee George Santos Faces Third House Expulsion Vote A Master of One-Liners: Munger on Politics, Life and Crypto China Backs Off Trade ‘Coercion’ Against Lithuania, Envoy Says UK’s Fuel Poverty to Grip Over 20% of Households, Charity Says Lawmakers Say UK Too Reliant on Markets to Tackle Climate Crisis Meta Tells US Officials 2024 Plan Will Look Like Past Elections Japan Fears Trucking Crisis as Overtime Clampdown Looms US Weighing Reprieve for Automakers on Electric Vehicle Tax Credits Deutsche Bank Executive Testifies Loan to Trump Wasn’t Unusual Group Tied to Supreme Court Patron Leo Pours $103 Million Into Conservative Causes Milei’s Conversion to Judaism Seals Pro-Israel Push by Argentina Rosalynn Carter Honored by Bidens, Clintons and Husband Jimmy at Funeral UK-Led Group to Deploy Ships to Baltic Sea After Pipeline Damage James Taylor Will Hold Concert for Biden in Fundraising Push Sunak Escalates Elgin Marbles Row, Accusing Greek Premier of Bad Faith Sequoia-Backed Mobikwik Said to Pick Banks for $84 Million IPO Ex-Apple AI Scientist Helps Northvolt Speed Up Battery Making Public Debt Markets Just Got Their First Cyber-Catastrophe Bond Prosus Sees E-Commerce Business Profit Sooner-Than-Expected Ailing Crypto Firm Zipmex Makes Another Attempt at Restructuring Jack Ma Asks Alibaba to ‘Change’ and Praises PDD in Rare Memo Xiaomi Billionaire Gifts Record $182 Million to China University Binance’s Reboot Faces Test in Thailand After $4.3 Billion US Fine China EV Maker Nio Signs Battery-Swapping Deal With Geely Okta Says Hackers Stole Data for All Customer Support Users Vietnam Adopts Rule on Global Minimum Tax for Foreign Firms Didi Blames Software for Outage That Shook Chinese Commuters Top-Performing China Fund With 57% Gain Won Big With Bet on PDD House Prepares to Drop China Investment Curbs From Defense Bill Early Xiaomi Backer to Surpass Funding Goal in Major China Test A Master of One-Liners: Munger on Politics, Life and Crypto Hit App Temu Weighs Super Bowl Return as Shein Rivalry Heats Up Meituan Posts Third Straight Profit After Chinese Travel Grew Uber Strikes Deal With London Drivers to Put Black Cabs on App The U.S. Fed is failing in four ways: Mohamed A. El-Erian Apple, JPMorgan turn to pay now grow later Remote Working Boom Is Huge for College Towns Like Knoxville Walmart flashes a warning sign to the entire consumer economy: Andrea Felsted Millennials are finally spending like grown-ups Dismal U.S. GDP report raises the odds of recession this year: Gary Shilling Musk is wrong for Twitter even if deal math works out Chocolate bunnies can teach us to save our food supply The Fed has made a U.S. recession inevitable America's oil reserve weapon risks misfiring Four-day workweeks can burn you out U.S. Fed expects a soft landing. Don't count on it Markets are pushing Fed into developing-economy territory Commodity traders go from bonanza to bailout plea Putin's war shows West must clean up dirty money Salary transparency is good for everyone Microsoft's US$69B Activision deal could be a blunder What if the oil market bulls are wrong and this lonely bear is right? Canada's trucker protest may spread from Ottawa to U.S. First Asia ETF Tracking Saudi Arabian Stocks Debuts in Hong Kong Gold, Copper Climb as Fedspeak Boosts Bets on Interest-Rate Cuts Bitcoin Retakes $38,000 While Rate Cut Expectations Increase Shorting Volatility, Buying Bitcoin Are 2023’s Surprise Winners Wall Street’s $300 Billion Middleman Rides Model-Portfolio Boom China Remains Risk for EM Equity Rally Driven by Earnings, Flows Meme-Stock ETF Shuts After Failing to Attract Day Traders Bitcoin ETF Optimism Spurs Largest Asset Inflows Since Late 2021 Traders Buy Argentina ETF at Fastest Pace in Almost a Decade Billions Wiped Out as Stock-Safety Trade on Wall Street Misfires Green Stock Selloff Deepens as Tesla Sentiment Sours Circle, Japan’s SBI Enter Pact to Spur Stablecoin USDC Usage Wall Street Throws Caution to the Wind to Keep Up With Stock Rally USO Oil ETF Sees Biggest Outflow Since 2016 Ahead of OPEC+ Talks Climate Funds Look to Regain Footing After Three Down Years BlackRock’s Top European Credit ETF Sees Inflows Surge Chinese City Cracks Down on Stock Market Rumors Amid Slump New ETF Tracks Developers of Obesity Drugs Amid Ozempic Hype Crypto Market Is Just Fine With a $4 Billion Penalty for Binance World Series breakthrough for teams’ business Shane Pinto suspension the result of a regulated gambling market that works, say industry insiders Canadian Football League fanatics fuel financials What’s next for private equity investment in professional sports? Canada’s Davis Cup team finding love Impact of Jersey Ads on the NHL Promising Puck Drop for PWHL Betting on Women's Sports is on the Rise NHL expands market to Oz ‘Tis the Season for Selling Sports Books Television deals, ratings generate record-setting NFL revenue Playing for global basketball and sponsorship glory Awareness still at disadvantage in decades-long battle for tennis pay equity FanDuel, Rivalry deliver something new for betting customers Corporations considering Canadian cricket Baiju Kalesh, Bloomberg News The Bhadra market in Ahmedabad, Gujarat, India, on Friday, May 6, 2023. Ahmedabad is an example of the patchwork coping mechanisms that cities around the world are taking to save lives in a hotter world. , Bloomberg (Bloomberg) -- Natixis SA expects dealmaking activity in India to increase with more billion-dollar transactions on the horizon as its economy has entered into a “Goldilocks period.” Strong economic growth, a young population and the government’s push on infrastructure and digitization are positive factors for dealmaking, according to Raghu Narain, head of investment banking for Asia Pacific at Natixis. “For the global investors, India has become a very attractive investment ecosystem,” Narain said in a Bloomberg Television interview on Wednesday. “What we can expect to see is that a lot of $1 billion plus type of deal happening which obviously means that investors can write bigger equity checks and it’s a very scalable market.” Domestic consolidation will be driven by financial services companies looking for scale and synergy, such as the $60 billion merger of HDFC Bank Ltd. and HDFC Ltd., Narain said. Sectors such as health care, energy transition and digital infrastructure including data centers are also attracting investors, he added. Consumer sector is also drawing international investors. Abu Dhabi Investment Authority’s investment into Reliance Retail Ventures Ltd. is a “classic example” of foreign investor confidence in India, Narain said. Read More: Abu Dhabi Weighs Investment Pledges Worth $50 Billion for India ©2023 Bloomberg L.P.