Must Watch

Hertz's Doomed Bet on 100,000 Teslas

-- In 2021, Hertz, a bankrupt car rental company, was taken over by two financial experts who decided to bet on electric cars by ordering 100,000 Tesla vehicles. This ambitious choice, initially seen...

April 04, 2024 at 01:16 pm

BlackRock's Boivin Says Don't Expect Long-Term Rates to Fall

-- Jean Boivin, Director of BlackRock Investment Institute, discusses recent statements by US Federal Reserve Chairman Jerome Powell. He interprets the recent economic data as temporary difficulties,...

April 04, 2024 at 08:30 am

Disney CEO Iger Wins Proxy Battle, But Headaches Remain

-- Bob Iger, head of Walt Disney, has won a significant victory in a proxy battle, cementing his status as a dominant figure in Hollywood. The win caps a tough and expensive campaign for Disney,...

April 04, 2024 at 07:10 am

ThredUp CEO: Thrift, Resale Taking Share From Brands

-- James Reinhart, CEO of ThredUp, highlights the growing consumer interest in buying second-hand products, driven by environmental and financial reasons. He highlights the importance of technology...

April 03, 2024 at 05:13 pm

Paramount turns down $26bn bid to join forces with Skydance

-- Paramount Global has entered into exclusive discussions with David Ellison-led Skydance, setting aside a $26bn offer from Apollo Global Management. The move, prompted by concerns over the...

April 03, 2024 at 04:17 pm

Apple Explores Personal Robots After Car Fails

-- Apple is embarking on the adventure of personal robotics, opening a new chapter after the challenges encountered with its autonomous car project. The company has set up specialist teams to explore...

April 03, 2024 at 04:01 pm

According to Eric Veiel, CIO of T. Rowe Price: The financial sector has already reached full valuation

-- Eric Veiel, CIO of T. Rowe Price, takes a measured approach to persistent inflation and the risk of a 1970s-style scenario. At present, T. Rowe Price maintains a neutral position between equities...

April 03, 2024 at 08:15 am

Europe Stocks to See High Single-Digit Gains in 2024: Citi

-- Citigroup's Elise Badoy points out that the European Central Bank's interest rate decisions appear to precede those of the US Federal Reserve. Despite some economic weakness in Europe, this could...

April 03, 2024 at 05:38 am

Toyota, GM Sales Signal Shift Back to Cheaper Cars

-- Recent sales by Toyota and General Motors show a renewed interest in compact and economical cars. Faced with average new car prices of $47,000, American consumers are turning to more affordable...

April 03, 2024 at 04:01 am

San Francisco Fed President Mary Daly: Three Fed Rate Cuts Reasonable Projection for 2024

-- The president of the San Francisco Federal Reserve, Mary Daly, has confirmed that the Fed is considering three rate cuts for the current year, while making it clear that these forecasts are not...

April 02, 2024 at 02:53 pm

Lazard's M&A Chief Sees a Lot of Firepower on the Sidelines

-- Mark McMaster, global head of mergers and acquisitions at Lazard, notes that even with high borrowing costs, companies continue to borrow to finance acquisitions. He expects this trend to...

April 02, 2024 at 01:42 pm

BlackRock Debuts its First Tokenized Fund

-- BlackRock is launching its first tokenised fund, marking a significant step in the innovation of financial services through blockchain technology. The fund aims to transform capital markets by...

April 02, 2024 at 11:56 am

No Fed Cut Is Not an Issue for Equities, Morgan Stanley's Slimmon Says

-- Andrew Slimmon, Managing Director at Morgan Stanley Investment Management, discusses Tesla's current situation and the outlook for the technology market and cyclical sectors. Tesla, often the...

April 02, 2024 at 11:40 am

Ledger CXO: Watch Miners Ahead of Bitcoin Halving

-- Ian Rogers, Chief Experience Officer at Ledger, discusses Bitcoin halving, an event that halves the reward for verifying transactions and adding new blocks to the blockchain. Rogers points out...

April 01, 2024 at 03:20 pm

Walgreens CEO on Narrowed Forecast, Shoppers Cutting Back Spending

-- Walgreens CEO Tim Wentworth discusses consumer caution on retail spending, saying consumers are looking for value and are willing to shop in bulk. He notes that some retailers are doing better...

March 28, 2024 at 03:59 pm

CRH CEO Albert Manifold discusses Baltimore bridge collapse

-- CRH CEO Albert Manifold discusses the tragic bridge collapse in Baltimore caused by a collision with a freighter. Manifold says that a full assessment of the incident will take time, and that it...

March 28, 2024 at 02:07 pm

Robert Davis, Merck CEO: Another obesity drug?

-- Merck Chairman and CEO Robert M. Davis talks about Merck's development of a drug to combat obesity and the diseases it can cause. He also comments on the U.S. approval of Winrevair, a new...

March 28, 2024 at 10:30 am

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Today's Editorial

Disaster averted

In April, the equity markets put an end to five consecutive months of rebound to catch their breath. May saw a return to the green for the main stock market indices, barring an uncontrolled slide in the last session of the month. However, doubts about the trajectory of rates returned to the forefront in recent days. Will today’s inflation data allay fears?

Modi: No suspense for India's demigod

Some 968 million registered voters, 1 million polling stations and 44 days of suffrage, the world's biggest election is currently taking place in India, and should, in all likelihood, see Narendra...

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Stock Pick

Waste Connections, Inc. : All-round value in waste management