Tag: Bloomberg News

Wealth funds warm to active management – and China

MarketJuly 13, 2025

By Libby George and Marc Jones LONDON (Reuters) -The world's sovereign wealth funds are turning to active fund management and investments in China, while central banks are...

I-T refunds up 6x in 11 years at ₹4.8L crore

EconomyJuly 13, 2025

The income-tax department has issued ₹4.76 lakh crore in refunds in FY25, a staggering increase from ₹83,008 crore in FY14, officials said.This 474% surge in 11 years outpaces the 274% growth recorded in gross direct...

Activist Elliott builds stake in oil major BP, source says

MarketFebruary 8, 2025

By Anousha Sakoui (Reuters) -Activist investor Elliott Investment Management has built a stake in oil major BP, a source...

Marvell Rallies After AI Computing Demand Bolsters Outlook

MarketDecember 4, 2024

(Bloomberg) -- Marvell Technology Inc. jumped in late trading after the chipmaker delivered better-than-expected results and an upbeat earnings...

Super Micro Investors Whiplashed as Tech Firm Fights For Listing

MarketNovember 22, 2024

(Bloomberg) -- A roller-coaster ride for Super Micro Computer Inc. shares is likely to continue for some time, as...

US Futures Steady, Await Trump Cabinet Details: Markets Wrap

MarketNovember 12, 2024

(Bloomberg) -- A five-day rally in the S&P 500 looked set to stall amid unease over expensive equity valuations...

Boeing Launches $19 Billion Share Sale to Thwart Downgrade

MarketOctober 28, 2024

(Bloomberg) -- Boeing Co. launched a nearly $19 billion share sale, one of the largest ever by a public...

CrowdStrike, Carahsoft Struck Deal to Sell Software IRS Didn’t Buy

MarketOctober 25, 2024

(Bloomberg) -- Last fall, George Kurtz, the chief executive officer of CrowdStrike Holdings, Inc., gave investors a quarterly financial update that sent shares...