Tata Heir Says Listing Would Hurt Ability to Help Problem UnitsNew!!
Noel Tata, patriarch of Tata Group’s founding family, said a public listing could limit Tata Sons Pvt.’s ability to support troubled units, making the case in a rare interview weeks after a boardroom fight erupted at one of India’s largest conglomerates.
‘I’m never selling’: I’m 47 and buy bitcoin with every dollar I earn. Am I crazy?New!!
“When my paycheck lands, it takes a detour through bitcoin.”
‘I have $400,000 in equity’: I’m 80. Should I sell my house because of dangerous stairs — or spend thousands renovating?New!!
“Generally, the advice I’ve read says not to sell because I have a low-interest-rate mortgage.”
China’s LNG Imports to Fall for Second Month Due to High PricesNew!!
China’s liquefied natural gas imports are set to decline for a second month as surging prices triggered by the Middle East conflict curb demand.
Shein Shares Sink 12% to Record Low After Profit PlungeNew!!
Shares of Shein Global Holdings Ltd. fell as much as 12.1% to a record low, after the online fashion retailer reported a 53% plunge in first-half operating income in its inaugural earnings as a public company.
Citi Recommends Buying China’s 30-Year Bonds on Weak GrowthNew!!
Citigroup Inc. is advising investors to buy 30-year Chinese government bonds as it expects lingering weakness in the economy and tapering supply of longer-term debt to boost demand for the paper.
Treasuries Stabilize After Slump, Stocks Decline: Markets WrapNew!!
Bond investors got a respite from a bruising selloff after surging oil prices and mounting bets on further Federal Reserve interest-rate hikes drove Treasury yields to multi-year highs. Asian stocks fell.
Vietnam Air Jet Deployed Brakes Twice Before Botched TakeoffNew!!
A Boeing Co. 787 aircraft operated by Vietnam Airlines JSC had its brakes activated twice while barreling down the runway at Munich Airport last month, leading to a perilously late takeoff and the plane’s tail striking the ground, a report found.
Australia’s Household Spending Is Flat as Outlays for Sport SlipNew!!
Australia’s household spending was flat in August, suggesting a weakening of demand in the economy as the Reserve Bank is expected to resume raising interest rates later today.
Latest Oil Market News and Analysis for Sept. 29New!!
Oil rose for a second day as a lack of progress in US-Iran talks and signs of strong demand outweighed a resumption of flows through a key pipeline from top exporter Saudi Arabia.