Business

Small investors become dip buyers as energy shock sinks stocks

Monday, March 9 by SRN News

By Jihoon Lee and Gregor Stuart Hunter SEOUL/SINGAPORE, March 9 (Reuters) - Retail traders in Asia are loading up on borrowed money to fund purchases in their brokerage accounts, traders and dealers said, as they chase oil and energy prices higher and scoop up sinking... Read More.

Hims shares jump after report of Novo Nordisk partnership that may end legal feud

Monday, March 9 by SRN News

March 9 (Reuters) - Hims & Hers' shares were up over 50% in premarket trading on Monday following reports Novo Nordisk plans to sell its weight-loss drugs on the telehealth firm's platform, signaling a potential end to the dispute between the two companies. Late Friday,... Read More.

Morning Bid: Oil’s triple-digit trouble

Monday, March 9 by SRN News

By Mike Dolan March 9 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets 'Oil shock' and 'stagflation' are overused phrases in financial markets, often pulled out as a scare tactic when mapping out worst-case scenarios. But both are... Read More.

From Europe to Asia, bond markets plunge as oil vaults above $115

Monday, March 9 by SRN News

By Yoruk Bahceli and Ankur Banerjee LONDON/SINGAPORE, March 9 (Reuters) - Bonds across the globe sank on Monday as a rapidly worsening U.S.-Israeli war with Iran pushed oil prices well above $115 per barrel, heightening investor fears over inflation and how central banks will react.... Read More.

Amid wave of kids’ online safety laws, age-checking tech comes of age

Monday, March 9 by SRN News

By Katie Paul, Supantha Mukherjee and Byron Kaye NEW YORK/STOCKHOLM/SYDNEY, March 9 (Reuters) - For years, tech companies successfully resisted pressure from child safety advocates to do more to keep kids off their services, claiming technical limitations would make any attempt to restrict access for... Read More.

Agilent to acquire Biocare Medical in $950 million all-cash deal

Monday, March 9 by SRN News

March 9 (Reuters) - Life sciences firm Agilent Technologies said on Monday that it will acquire privately held clinical pathology firm Biocare Medical in an all-cash deal valued at $950 million. Agilent said it will acquire California-headquartered Biocare Medical from Excellere Partners and GHO... Read More.

Wall St futures slump as Iran war drags on, oil near $120 stokes inflation worries

Monday, March 9 by SRN News

March 9 (Reuters) - U.S. stock index futures tumbled more than 1% on Monday, while oil prices soared, exacerbating inflation fears as hostilities in the Middle East showed no sign of abating. Crude prices jumped more than 25%, climbing to just under $120 a barrel,... Read More.

Apollo to close acquisition of Atletico Madrid stake this week, says Expansion

Monday, March 9 by SRN News

MADRID, March 9 (Reuters) - U.S. fund Apollo's sports investment arm Apollo Sports Capital will close the acquisition of 55% of Spanish football club Atletico Madrid on March 12, Spanish newspaper Expansion said on Monday citing sources. Neither Apollo nor Atletico Madrid immediately responded to... Read More.

Iran conflict forces central banks into sharp policy rethink

Monday, March 9 by SRN News

By Leika Kihara TOKYO, March 9 (Reuters) - The escalating crisis in the Middle East has dramatically changed the outlook for global central banks, with the huge supply shock posing a difficult trade-off between underpinning growth and countering inflation. For emerging Asian central banks, cutting interest... Read More.

Analysis-Activist threat pushes Japanese companies to unwind cross-shareholdings

Monday, March 9 by SRN News

By Sam Nussey and Miho Uranaka TOKYO, March 9 (Reuters) - Pressure from activists, or the fear of being targeted by them, is pushing Japanese companies to accelerate governance reforms by unwinding the cross-shareholdings that have underpinned relationships for decades. Major firms including Toyota Motor and... Read More.

Current Weather

Small investors become dip buyers as energy shock sinks stocks

Hims shares jump after report of Novo Nordisk partnership that may end legal feud

Morning Bid: Oil’s triple-digit trouble

From Europe to Asia, bond markets plunge as oil vaults above $115

Amid wave of kids’ online safety laws, age-checking tech comes of age

Agilent to acquire Biocare Medical in $950 million all-cash deal

Wall St futures slump as Iran war drags on, oil near $120 stokes inflation worries

Apollo to close acquisition of Atletico Madrid stake this week, says Expansion

Iran conflict forces central banks into sharp policy rethink

Analysis-Activist threat pushes Japanese companies to unwind cross-shareholdings

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