flash-finance

The tightening cycle will drive bond yields higher.

These are bleak times for European auto workers. Job loss announcements are coming thick and fast, with Volkswagen AG cutting 100,000 employees and Jaguar Land Rover Automotive Plc axing roughly 10% of its staff. Life is also tough for suppliers.

European stock exchanges must raise a further $5 billion from initial public offerings before the year is out to surpass last year’s haul, a challenge in a market where deals have been prone to delays.

Indonesia’s state-owned banks face rising credit and earnings risks after government-driven lending pushed loan growth to more than twice the industry pace, according to S&P Global Ratings.

One of California’s most prominent art institutions, the Getty, plans to issue $270 million in tax-exempt bonds this week to refinance its debt and extend the suspension of interest-rate swap payments.

Teva Pharmaceuticals President & CEO Richard Francis, discusses why Teva chose to make the change now and what will be different for investors as the shares move from ADRs to direct NYSE trading. He speaks with Romaine Bostick & Isabelle Lee on "The Close." (Source: Bloomberg)

With Week 1 of the NFL season wrapping up, Adam Greenblatt, CEO of BetMGM, said the season has started enthusiastically and that early activity has been strong. He added that, from the bookmakers’ perspective, Sunday was not a favorable day because the fans came out ahead, leaving bettors happy and

Crude oil extended its rally and Asian bonds tracked Treasuries lower as higher energy prices fueled inflation concerns and strengthened bets on a Federal Reserve interest-rate hike. Gold dropped.

Asian high-yield debt has emerged as a surprising global winner in bond markets as ever-cheaper money in China burnishes issuer finances.

NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE:MCO) today announced that it has agreed to acquire a minority stake in Philippine Rating Services Corporation (PhilRatings), a leading domestic credit rating agency in the Philippines. Headquartered in Manila, PhilRatings plays an important role i