US banks raise costs for private credit funds as valuation fears grow: report
US banks are raising borrowing costs for some loans to private credit funds amid growing concerns over valuations, a shift that could pressure
Bitcoin
Bitcoin
Hormuz closure hits global fertiliser, ammonia trade
Global fertiliser and ammonia markets are bracing for intense pressure following the effective closure of the Strait of Hormuz, as diplomatic negotiations between
Bitcoin
Commodity wrap: Gold surge nearly 2%; Brent set for biggest monthly gain
Gold and silver surged on Tuesday as safe-haven demand picked up, benefiting the precious metals. However, gold fell 13% in March, and was
Business
SCHD ETF dividend yield too low? Top 3 alternatives to consider
The Schwab US Dividend Equity ETF (SCHD) has accumulated over $83 billion in assets, making it one of the biggest dividend funds in
Business
Bulgaria to launch first EU support scheme for energy-heavy industry
Bulgaria is poised to become the first European Union member state to introduce a dedicated support scheme for energy-intensive industries, aiming to shield
Business
Nebius stock gains 4.5% on plans to build $10B Finland data centre
AI infrastructure firm Nebius Group is accelerating its push into Europe with plans to develop a 310-megawatt data centre in Finland. The Amsterdam-based
Business
Canada GDP edges up 0.1% in January as services stall
Canada’s economy posted a modest gain in January, with gross domestic product rising 0.1% from December, Statistics Canada said. The increase followed a
Business
Novo cuts Ozempic, Wegovy prices up to 48% as generics surge
Novo Nordisk cut prices for its diabetes and weight-loss injections Ozempic and Wegovy in India on Tuesday, marking a second reduction aimed at
Business
Dow Jones jumps 380 points as Iran de-escalation hopes lift stocks
US stocks rose on Tuesday, as investors responded positively to signs of potential de-escalation in the Middle East conflict, even as oil prices
Business
Barclays names top 4 defensive stocks to weather global uncertainty
As Dow Jones slides into the “correction territory” and the benchmark S&P 500 index logs its fifth consecutive week of losses, investors are