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Key indicators in the North Sea crude market are showing signs of weakness as a wave of Middle Eastern oil heads to Europe, fueling concerns about a supply glut following the reopening of the Strait of Hormuz.
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“If you want to be longer risk, you can’t wait too long,” says Kate Moore, CIO at Citi Wealth, as she sees market pullbacks creating an opportunity to deploy capital during inflationary periods. (Source: Bloomberg)
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Stada is exploring a potential purchase of Cooper Consumer Health from its private equity owners, people familiar with the matter said, as it hunts for acquisitions on the back of record profits.
Stocks hit by Fed rate reality check; oil slips
Ligand Pharmaceuticals prices $625M convertible debt offering
SpaceX set to launch first Starfall capsule on orbit-and-return demo mission
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Euro zone inflation could stay high even with peace deal, ECB’s Lane says
Energy bottlenecks offer opportunities beyond oil producers, BlackRock says
SoftBank-backed Carro eyes U.S. IPO as soon as this month - report
Jiayin Group Non-GAAP EPADS of -$0.16, revenue of $109.7M