Grab Holdings Ltd. expects revenue to slow sharply as the company targets profitability in 2024.
After a difficult year, Chinese stock investors are hoping to take advantage of any potential policy changes at the Communist Party congress next month.
The European Union is planning to give member states more flexibility in cutting electricity consumption.
President Joe Biden's announcement last month that he'll forgive up to $20,000 in student debt.
The French energy company Total will hold a 9.375% stake in the North Field South project in Qatar.
The policy-sensitive 2-year Treasury yield rose to 4.0923% in early trading on Wednesday, nearing levels last seen in October 2007. The yield on the 2-year note had earlier risen as high as 4.132%, before pulling back slightly.
Even the most grizzled junk bond traders were surprised by the Fed's aggressive bailout of corporate junk debt markets. For the first time, the central bank purchased junk bonds directly with newly created dollars. In this way, the Fed stepped in as a buyer with unlimited funds, preventing the market from collapsing if panicked bond owners all tried to sell junk bonds at the same time.
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