Investors seek additional details on the $15 per share deal, delaying the largest US utility sector acquisition this year. Shareholders of AES have filed two complaints to halt the company’s $33.4bn sale to a consortium led by BlackRock’s Global Infrastructure Partners and
French AI startup Mistral AI seeks new funding at a valuation nearly double its September round, targeting €3bn from investors. Mistral AI is negotiating a €3bn ($3.5bn) funding round at a potential €20bn ($23.2bn) valuation, sources said. Discussions remain preliminary, w
ECB keeping all options open for July meeting Oil supply to take months to recover once the Strait opens ECB is no longer dealing with short-term supply shock Can't exclude second-round effects from energy ECB policy settings are still broadly neutral No relief is in sight for...
WTI falls below $79.00 to three-month lows West Texas Intermediate (WTI) crude falls around 5%, reaching a three-month low of $78.60 per barrel on Monday. Crude oil prices declined to three-month lows on easing supply concerns following reports that the United States (US)
Oil prices slide 5% after a US-Iran agreement lifts sanctions and reopens the Strait of Hormuz, reducing supply disruption risks. West Texas Intermediate crude fell to $78.60 per barrel, a three-month low, after a 5% decline on Monday. The drop followed a US-Iran deal anno
Traders maintain short yen positions despite expectations of a 25 basis point Bank of Japan hike, focusing on UST-JGB spread dynamics. USD/JPY traded in a 159.74-160.28 range overnight, with dips quickly bought despite lower oil prices and anticipation of a 25 basis point
Micron Technology reached a $1 trillion valuation in 48 days, the fastest U.S. company to hit the milestone amid a chip supply shortage. Micron Technology became the 12th U.S. company to reach a $1 trillion market capitalization, achieving the milestone in just 48 days aft
Eurozone Industrial Production rises moderately by 0.1% in April, misses 0.3% estimates The Eurozone industrial sector activity rises at a moderate pace of 0.1% in April, slower than 0.3% estimates, according to data published by Eurostat. March’s Industrial Production dat
Eurozone industrial production rises 0.1% in April The Eurozone industrial sector activity increased by 0.1% in April, missing estimates of 0.3%. The prior month's industrial production was revised higher to 0.4% from 0.2%. On an annual basis, industrial ou
8:30 AM Empire State Manufacturing Index The New York Fed conducts this monthly survey of manufacturers in New York State. Participants from across the state represent various industries. 9:15 AM Industrial Production The Federal Reserve's monthly index of industrial produ