Sep 8, 2024 | Markets
Risk aversion likely to prevail again this week: Shinkin Asset Aussie dollar could soon come under severe strain: IG Markets The outlook for Asian stocks is deteriorating as the worse-than-expected US payrolls report on Friday undermined earlier optimism over a soft...
Sep 8, 2024 | Markets
Venture capital firm to allocate $754 million to growth deals Atomico CEO: funds closed in “toughest environment” for VCs Atomico, a London-based venture firm that has backed fintech darlings Stripe Inc. and Klarna Bank AB, has raised $1.24 billion for two new funds....
Sep 6, 2024 | Markets
JPMorgan, UBS Global, Nomura downgraded China in recent weeks People are ‘throwing in the towel,’ Magellan’s Lam says Weakness in Chinese equities is eroding the confidence of some of Wall Street’s staunchest supporters, with hopes for a turnaround fading in the...
Sep 6, 2024 | Markets
Retailer intends to have stalking horse bidder lined up Discount chain has suffered declining sales, losses for years Discount home goods retailer Big Lots Inc. is preparing to file for bankruptcy as soon as Sunday, and plans to sell its chain of stores via a...
Sep 6, 2024 | Markets
Jobs missed forecasts in August as prior months revised down Three-month payroll growth slows to lowest since mid-2020 US hiring fell short of forecasts in August after downward revisions to the prior two months, a development likely to fuel ongoing debate over how...
