News

State Bank of India has raised $2.9 bln to boost its capital ratios. But it will add less than a percentage point to them, ...
The tobacco peddler’s stock lost $13 bln of value after sales of cigarette alternative Zyn fell just short. A red-hot valuation prices the company for strong smoke-free growth. Missed expectations ...
The carmaker suffered a $1.1 bln hit from the US president’s tariffs, sparking a 7% loss in equity value. Prices are stretched while EV initiatives mature just as the market runs into tough new ...
Markets reflect a widespread belief that the US president always chicken out on trade measures. AstraZeneca’s plan to invest $50 bln stateside implies that sector-specific levies are inevitable. The ...
Answer engines, which respond to queries directly, are here. This spells trouble for publishers reliant on traffic from search results. Outlets with strong subscriber bases, like the $9 bln New York ...