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BUSINESSOct 7Head of world’s largest independent oil trader says shipping squeeze creating new bottleneckThe head of a major oil trader indicates that a shipping squeeze is causing new bottlenecks in the industry. This suggests potential disruptions to global oil supply chains and trade.Seeking Alpha Tech
BUSINESSOct 7African Union to launch continent's first credit rating agency in MauritiusThe African Union is launching the continent’s first credit rating agency on Wednesday, aiming to provide an alternative to the global “big three” by drawing on African expertise and perspectives.RFI [en]
BUSINESSOct 7Crude inventory falls by 3.2M barrels for the week ended October 2 – EIAThe EIA reported that crude inventory decreased by 3.2 million barrels for the week ending October 2. This data provides an update on oil supply levels.Seeking Alpha Tech
BUSINESSOct 7Amazon's Ring enters smart-lock market with hand-powered backupAmazon's Ring is entering the smart-lock market with a new product that includes a hand-powered backup. This marks an expansion for the company into a new segment of the smart home industry.Seeking Alpha Tech
BUSINESSOct 7"Unique opportunity": the Argentine northeast, focused on producing more quality meat for the country and the worldWithin the framework of the Braford Spring National organized in Chaco with the support of Expoagro, the NEA Meat Congress was held. Businessmen and experts in the field analyzed the reality of livestock and the future possibilities of the business.Clarín
BUSINESSOct 7SpaceX raising debt for Nvidia chips is 'smart, strategic move,' Yorkville Ives saysSpaceX is reportedly raising debt to acquire Nvidia chips, a move described by an analyst as smart and strategic. This indicates a significant investment by SpaceX in advanced technology.Seeking Alpha Tech
BUSINESSOct 7Inside Wall Street's $27B financing of Meta's Hyperion AI data centerWall Street is involved in a $27 billion financing deal for Meta's Hyperion AI data center. This indicates a massive investment in artificial intelligence infrastructure.Seeking Alpha Tech
BUSINESSOct 7Corteva upgraded at KeyBanc after spinoff of VylorCorteva received an upgrade at KeyBanc following the spinoff of Vylor.Seeking Alpha Tech
BUSINESSOct 7Russia’s Wildberries Finding Fertile Ground in Central AsiaThe Russian e-commerce retailer has announced yet another new logistics facility, this time in Uzbekistan.The Diplomat
BUSINESSOct 7Alphamin Resources Corp. declares CAD 0.13 dividendAlphamin Resources Corp. has declared a dividend of CAD 0.13.Seeking Alpha Tech
BUSINESSOct 7Stock markets hit record high despite inflation, high fuel pricesU.S. stock markets hit a record high Tuesday amid major inflation and skyrocketing fuel prices. CBS News business analyst Jill Schlesinger breaks down how you can respond.CBS News
BUSINESSOct 7RBI hikes interest rates to tame inflation, but prices may still rise: What is going wrong?Though the Reserve Bank of India (RBI) has increased the repo rate, or interest rates, by 25 basis points, it has found in its survey that inflation perceptions may go up to 8.4% in September, while expectations for the next three months climbed to 9.9% and one-year expectations reached 10%.dnaindia · india
BUSINESSOct 7$1.5M awarded to Beckley-area economic development organizationsBECKLEY — Two Beckley-area economic development organizations are among nine West Virginia recipients of more than $7.4 million in Congressionally Directed Spending awards announced by U.S. Sen. Shelley Moore Capito.register_herald · united states of america
BUSINESSOct 7SA analyst upgrades/downgrades: NVDA, UNH, CLSK, CATA financial analyst has issued upgrades and downgrades for several companies, including NVDA, UNH, CLSK, and CAT, indicating potential shifts in market perception or investment recommendations for these stocks.Seeking Alpha Tech
BUSINESSOct 7Millions of Pakistanis get government fuel relief but some miss outPakistan has subsidised petrol for millions, but some economists caution that those most needing help are left out.Al Jazeera [en]
BUSINESSOct 7Cosmos Health sees revenue of about $54.3M for the nine months ended Sept 30Cosmos Health reported approximately $54.3 million in revenue for the nine-month period ending September 30, providing insight into the company's financial performance.Seeking Alpha Tech
BUSINESSOct 7Why China’s export engine may hit a ceiling as trading partners face limitsWhile China’s export engine still has room to grow, many of its trading partners may be approaching the limit of how much more they can absorb, which could place a ceiling on further growth over the coming years, according to a Goldman Sachs report. “At least over the next few years, there is still room for Chinese exports to maintain their strong momentum,” analysts said in the report led by the American investment bank’s chief China economist Hui Shan on Wednesday. “Over the longer term,...South China Morning Post
BUSINESSOct 7Here are the major earnings after the close MondayThis article indicates a report on significant company earnings released after the market close on Monday. This matters for investors and market analysis.Seeking Alpha Tech
BUSINESSOct 7Stocks made a record high. Two big bearish trades point to skepticismIn the State Street SPDR S&P 500 ETF Trust (SPY), about an hour after the opening bell on Tuesday, someone traded a 100,000-lot put spread.CNBC
BUSINESSOct 7Official and confirmed | Texas investigates Fruit of the Loom and Hanes for possible toxic chemicals in children's underwearAttorney General Ken Paxton sent civil investigative demands to both companies.Clarín
BUSINESSOct 7Mattel gains on report Zuru may make takeover bidMattel's stock gained following reports that another company, Zuru, might initiate a takeover bid. This indicates potential significant corporate activity in the toy industry.Seeking Alpha Tech
BUSINESSOct 7"Momentous step": an entity celebrated the incorporation of cooperatives into the SME Law to be debated in CongressConinagro was part of the debate in the plenary sessions of the Small and Medium-sized Enterprises and Cooperative, Mutual and NGO Affairs commissions of Deputies, which issued a joint opinion. The modifications seek for cooperatives to be able to access the MiPyme certificate.Clarín
BUSINESSOct 7BTB Real Estate Investment Trust declares CAD 0.025 dividendBTB Real Estate Investment Trust has declared a dividend of CAD 0.025 per unit. This is a routine financial announcement for the company's investors.Seeking Alpha Tech
BUSINESSOct 7U.S. equities tumble while Treasury yields push higherU.S. equities experienced a tumble while Treasury yields simultaneously pushed higher. This indicates a notable shift in financial market conditions.Seeking Alpha Tech
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