Tag: Bloomberg

Jefferies sees ‘greenshoots’ for Indian metal players, picks Tata Steel and Jindal Stainless as top bets for rebound

Stocks
Jefferies said the first signs of a turnaround are emerging for Indian carbon and stainless steel companies, and it’s betting big on Tata Steel and Jindal Stainless to ride the upswing, as the brokerage flagged...

Tata Motors looks to buy Italian truck maker Iveco; deal likely at $4.5 billion – set to be Tata group’s second biggest acquisition

Business
The last significant acquisition by Tata Motors was Jaguar Land Rover (JLR), purchased for $2.3 billion in 2008. In its biggest acquisition ever, Tata Motors is preparing to acquire Italian truck manufacturer Iveco from...

Stocks Fall as Trade War Clouds Economic Outlook: Markets Wrap

Market
(Bloomberg) -- Stocks fell after the US pushed ahead with tariffs on automakers, reinforcing concern about a widening...

Bets on US Weakness Are Fueling a Rally in Emerging Markets

Market
(Bloomberg) -- Some investors are betting the good times are only just beginning for emerging markets as worries...

Global Stocks Trade in Tight Range; Pound Weakens: Markets Wrap

Market
(Bloomberg) -- Global stocks traded in a tight range as investors searched for a clear direction amid lingering...

Tesla’s Retail Fans Buy the Stock at a Pace Never Seen Before

Market
(Bloomberg) -- Tesla Inc.’s stock is in a freefall. Its sales are plunging around the world. Even its...

Nvidia Plans Massive Outlay on US-Made Electronics, FT Says

Market
(Bloomberg) -- Nvidia Corp. aims to spend several hundred billion dollars to procure US-made chips and electronics over the next four...

Indonesia’s Wild Stock Moves Spark Fresh Investability Concerns

Market
(Bloomberg) -- It wasn’t supposed to unfold this way. Just over a year ago, optimism about Indonesia was...

European Stocks Rise Before German Spending Vote: Markets Wrap

Market
(Bloomberg) -- European stocks rose as investors prepared for the outcome of a German parliamentary vote on a...

US Stock Futures Drop; Oil Up on Red Sea Tensions: Markets Wrap

Market
(Bloomberg) -- US equity futures dropped after Treasury Secretary Scott Bessent dismissed recent declines as healthy, reinforcing the...

European Stocks Set for Gains; Dollar Strengthens: Markets Wrap

Market
(Bloomberg) -- European stocks were poised for a stronger open after President Donald Trump sought to reassure about...

Asian Stocks, European Share Futures Echo US Drop: Markets Wrap

Market
(Bloomberg) -- Asian stocks followed US equities lower as continual shifts in US President Donald Trump’s approach to tariffs...

Marvell Suffers Worst Drop Since 2001 on Disappointing Forecast

Market
(Bloomberg) -- Marvell Technology Inc. suffered the worst stock drop in more than two decades after its revenue forecast that fell short...

S&P 500 Sees Worst Selloff in 2025 as Bonds Climb: Markets Wrap

Market
(Bloomberg) -- More tepid economic news and a pledge by Donald Trump to push through tariffs on top trading...
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