Bloomberg Markets
Homegrown private credit firms are wresting a growing share of India’s lending deals from global funds, armed with larger pools of capital and an increasing appetite for bigger transactions.
Bloomberg Markets
Raw sugar climbed to the highest in more than a year, on signs of buying interest in India amid prospects of the country easing import duties because of tight supplies.
MarketWatch
The supermarket chain reported comparable U.S. sales growth of 2.6% in its second-quarter earnings, its lowest in over five years.
Yahoo Finance
Bloomberg Markets
Krishna Guha, vice chair and head of central bank strategy at Evercore ISI, says the US Treasury Department’s move to increase its planned purchases of outstanding 10-year to 30-year debt “certainly complicates things” for Federal Reserve Chairman Kevin Warsh, but won’t impact the central bank’s September decision on interest rates. (Source: Bloomberg)
Bloomberg Markets
Shares of Meta Platforms Inc. have been under pressure all year due to questions about its spending on artificial intelligence. But a trial accusing its social media platforms of targeting children goes beyond that, raising existential questions about the future of its core business.
Bloomberg Markets
When some of Wall Street’s most prominent CEOs recently appeared on TV with Nvidia Corp.’s Jensen Huang, touting their $500 billion pact to finance AI chips, one participant stood out.
Bloomberg Markets
Prudential Financial Inc.’s asset-management arm will purchase up to $3 billion of home improvement loans from lender GreenSky under a three-year arrangement, handing the asset manager a slice of the booming market for home upgrades and repairs.
Yahoo Finance