Tag: business news
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Budweiser’s parent is a buy thanks to its strong presence in emerging markets, says Deutsche Bank
The investment bank upgraded AB InBev to buy from hold.
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Flyers are happier with U.S. airports, despite near record travel levels, J.D. Power report shows
Travelers gave higher ratings in part because of the newer gates and terminals many airports have opened in recent years, according to the study.
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Crypto exchange Binance takes on tradfi by courting rich investors to join its expanded wealth-management platform
Binance is opening its Capital Connect platform to qualified individual investors for the first time.
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Canada could become ‘first associate member’ of EU, bloc’s chief says
EU chief Ursula von der Leyen said the bloc wants to open the door for Canada to become its first associate member, signaling a major deepening of ties.
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Dovish outlier Nomura boosted Fed-hike forecasts for two reasons
Elevated oil prices and sticky inflation have prompted Nomura to add more rate hikes to its monetary forecasts, though less than what the market is pricing.
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UK inflation jumps to 3.1% as energy costs soar
The reading comes just hours before the Bank of England updates its monetary policy.
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Treasury yields hitting 5% may not break markets now — but the clock is ticking
The 10-year Treasury yield hit its highest since 2007, pushing borrowing costs deeper into territory that could expose some of the financial system’s weakest links.
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Grab aims for ‘next level’ in financial services with purchase of buy-now pay-later platform Atome
Grab is betting $1.49 billion on Atome Financial as it looks to expand its consumer lending business in Southeast Asia.
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BOJ expected to hike rates by 25 basis points to fresh three-decade high: CNBC survey
The BOJ is expected to hike rates by 25 basis points to a fresh three-decade high, a CNBC survey shows.
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House to vote on bill to rein in AI data center utility costs
The bipartisan legislation would create a regulatory framework states could adopt to prevent data center-related energy costs from being passed on to consumers.
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