investors

Tesla to buy more than $1 bln of Australian battery minerals a year

Tesla (TSLA.O) said it expects to spend more than $1 billion a year on battery raw materials from Australia given…

4 years ago

Stocks near highs on recovery bets as oil extends rally above $70

Stock markets hovered near record highs on Wednesday as investors cheered the latest evidence of a sustained rebound in global…

4 years ago

Asian shares tick up U.S. data bolsters reopening hopes

Asian shares edged up to near three-month highs on Wednesday and global equities held steady near a record as data…

4 years ago

TSMC says has begun construction at its Arizona chip factory site

Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) (TSMC) has started construction at a site in Arizona where it plans to spend…

4 years ago

AMC shares soar nearly 23% after fund buys and flips $230 mln stake

A hedge fund that helped AMC Entertainment Holdings (AMC.N) raise $230 million quickly sold its stake in the world’s largest…

4 years ago

Stocks loiter around peaks as traders wait for data

Stocks chopped around record peaks on Tuesday, while the dollar was pinned near recent lows, as markets awaited U.S. jobs…

4 years ago

S&P 500 dips, as healthcare weighs; Dow ends higher

The S&P 500 (.SPX) dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains,…

4 years ago

Oil extends gains on OPEC+ supply discipline and demand prospects

Oil rose on Wednesday, supported by an OPEC+ decision to stick to its plan to restore supply to the market…

4 years ago

Analysis: China’s banks are bursting with dollars, and that’s a worry

A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency…

4 years ago

Analysis: Chasing yield, U.S. private equity firms nudge up risk on insurers

Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns…

4 years ago