Bloomberg Markets
Philippine and Thai companies are bearing the brunt of earnings downgrades across Southeast Asia, as their economies rely heavily oil and gas choked off by the closure of the Strait of Hormuz.
Yahoo Finance
Bloomberg Markets
Elliott Investment Management LP and SVP Global have recently bought debt of Braskem SA, the Brazilian petrochemical producer rushing to get creditors to agree to a restructuring plan, according to people familiar with the matter.
Yahoo Finance
Yahoo Finance
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Standard Nuclear Inc., a maker of fuel for nuclear reactors, filed for an initial public offering as the power needs to fund the artificial intelligence boom continue to grow.
Yahoo Finance
Bloomberg Markets
Stocks in Asia were poised to rise Friday after a peace deal between the US and Iran boosted optimism that the reopening of the Strait of Hormuz will ease inflation pressures by restoring oil flows.
Financial Times
Draft report by European Commission aims to boost performance of lenders in bloc compared to US rivals
Bloomberg Markets
Oil headed for a substantial weekly drop as the US-Iran interim peace deal saw shipping through the Strait of Hormuz start to return to normal, easing the global crude market’s biggest ever supply shock.