News
The most widely watched bond in America is close to a barrier that could cause trouble for the markets. The rate on the 10-Year US Treasury note is this close to topping 3% — a yield that it hasn’t reached
Fluctuating currency exchange rates and shifting accounting rules helped make first quarter results at Alphabet, Google’s parent, appear a little better than they really were on Monday. That fooled some investors for a few minutes, causing a momentary surge in
Aluminum stocks are plunging after the United States said it would consider relaxing sanctions against a Russian company. The Treasury Department imposed sanctions earlier this month on Rusal, the second-largest aluminum producer in the world, as part of a
Billionaire fund manager Jeffrey Gundlach, who famously shorted Apple stock before it crashed in 2012, has a new tech investment nemesis: Facebook. Increasing regulation is likely to derail Facebook’s stock price, Gundlach, chief investment officer at DoubleLine Capital, said in
Jeff Gundlach, the billionaire investor, isn’t buying Mark Zuckerberg’s apology tour. Gundlach, known as the king of the bond market, urged investors to bet against Facebook (FB) stock because of the risk that the company’s user data crisis will trigger
Wells Fargo is still under fire from shareholders, angry activists and assertive regulators, a year and a half after the fake-accounts scandal erupted. The embattled bank is bracing for another hostile crowd on Tuesday, when it holds its annual shareholder
India’s biggest tech company has broken the $ 100 billion barrier. Tata Consultancy Services (TCS) saw its market capitalization cross the milestone for the first time on Monday, the first Indian company to do so in at least a decade
MUMBAI/BENGALURU (Reuters) – Fortis Healthcare Ltd has received as many as five offers for control of its private hospital business, but suitors have so far held back from making bold bids for the group as it faces rising debt and
Premarket: 5 things to know before the bell
1. Trade war fears ease: China said Sunday it would “welcome” direct trade talks with the United States, a day after US Treasury Secretary Steven Mnuchin said he would consider a trip to China. Mnuchin said he was “cautiously
TCS hits $100 billion in market cap
Tata Consultancy Services Ltd (TCS) on Monday became the first Indian technology company to hit the $ 100 billion market capitalisation mark, riding on the back of record quarterly profit and a weaker rupee. Energy-to-telecom conglomerate Reliance Industries Ltd, led