Business

Morning Bid: Sleepy ‘uber-bulls’

Tuesday, February 17 by SRN News

By Mike Dolan Feb 17 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets By the standards of the year so far, the market-moving news flow has slowed to a trickle, with world markets subdued as Wall Street returns... Read More.

Lilly targets India as global export hub amid booming Mounjaro sales, executive says

Tuesday, February 17 by SRN News

By Rishika Sadam and Kashish Tandon HYDERABAD, Feb 17 (Reuters) - Mounjaro-maker Eli Lilly wants to turn India into a hub for its global supply chain, a senior executive at the U.S. drugmaker said, as part of its previously committed $1 billion investment to contract... Read More.

Analysis-Global private equity firms bowled over by Indian cricket league IPL

Tuesday, February 17 by SRN News

By Vibhuti Sharma MUMBAI, Feb 17 (Reuters) - Global private equity investors like KKR and Blackstone have a new investment hotspot in India: cricket. The Indian Premier League, the world's richest cricket league, counts Bollywood stars, Indian tycoons and spirits maker Diageo among its backers, but... Read More.

Global investors stay ‘uber-bullish’ but warn companies are overinvesting

Tuesday, February 17 by SRN News

MILAN, Feb 17 - Global investors are increasingly worried that companies are overinvesting, just as market sentiment remains "uber‑bullish" and further asset gains look harder to achieve, Bank of America's monthly fund manager survey showed on Tuesday. The poll of 162 managers overseeing $440 billion... Read More.

India eyes $200B in data center investments as it ramps up its AI hub ambitions

Tuesday, February 17 by SRN News

NEW DELHI (AP) - India is hoping to garner as much as $200 billion in investments for data centers over the next few years as it scales up its ambitions to become a hub for artificial intelligence, the country's minister for electronics and information... Read More.

Asia markets cautious ahead of US-Iran nuclear talks

Tuesday, February 17 by SRN News

By Scott Murdoch SYDNEY, Feb 17 (Reuters) - Asian financial markets struck a cautious tone on Tuesday in holiday-thinned trading, as oil prices were mixed ahead of nuclear negotiations between the U.S. and Iran in Geneva due to begin later in the day. Markets in China,... Read More.

Danaher closes in on nearly $10 billion deal for Masimo, FT reports

Tuesday, February 17 by SRN News

Feb 16 (Reuters) - Life sciences firm Danaher is closing in on a nearly $10 billion deal to acquire pulse oximeter maker Masimo, the Financial Times reported on Monday, citing sources. Danaher and Masimo did not immediately respond to Reuters' requests for comment. Masimo, which has... Read More.

Malaysia and Japan plan major cross-border carbon capture project, despite climate benefit doubts

Tuesday, February 17 by SRN News

BANGKOK, Thailand (AP) - Japan wants to ship carbon emissions to Malaysia in a first-of-its-kind project in Southeast Asia for carbon capture and storage, a widely debated process that critics say is more symbolic than effective in curbing climate change. Despite such doubts, Malaysia is... Read More.

Morning Bid: Quiet markets, loud diplomacy: All eyes on Iran

Tuesday, February 17 by SRN News

A look at the day ahead in European and global markets from Rocky Swift With much of Asia shut for Lunar New Year holidays, all eyes turned to the Middle East on hopes that talks between the U.S. and Iran will de-escalate geopolitical tensions. Oil prices... Read More.

Analysis-Luxury stocks’ volatility highlights AI jitters, hedge fund positioning

Tuesday, February 17 by SRN News

By Helen Reid and Nell Mackenzie PARIS/LONDON, Feb 17 (Reuters) - As luxury companies like LVMH and Gucci-owner Kering struggle to recover from a two-year slowdown, they are navigating increasingly sharp share price swings stoked by hedge fund bets and investor nerves over AI-rattled markets. Sales... Read More.

Current Weather

Morning Bid: Sleepy ‘uber-bulls’

Lilly targets India as global export hub amid booming Mounjaro sales, executive says

Analysis-Global private equity firms bowled over by Indian cricket league IPL

Global investors stay ‘uber-bullish’ but warn companies are overinvesting

India eyes $200B in data center investments as it ramps up its AI hub ambitions

Asia markets cautious ahead of US-Iran nuclear talks

Danaher closes in on nearly $10 billion deal for Masimo, FT reports

Malaysia and Japan plan major cross-border carbon capture project, despite climate benefit doubts

Morning Bid: Quiet markets, loud diplomacy: All eyes on Iran

Analysis-Luxury stocks’ volatility highlights AI jitters, hedge fund positioning

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