•
A Democratic super PAC, American Bridge 21st Century, is rolling out a new $140 million ad campaign targeted at rural voters who have traditionally been staunch supporters of former President Donald Trump. The campaign will focus on swing voters in smaller media markets in Pennsylvania, Michigan, and Wisconsin, where it hopes to reach women…
•
The article discusses various financial news updates from reputable sources. Some notable highlights include: – Emirates Group, which includes travel company dnata and food, beverage, and leisure holdings, reported profits of $5.1 billion on revenues of $37.4 billion. The group declared a dividend of $1 billion to its owner, the Investment Corporation of Dubai.…
•
Amid anticipation for crucial economic data, U.S. Treasury yields dropped marginally on Monday as investors kept an eye on upcoming updates from key inflation indicators and statements from Federal Reserve officials scheduled for the week. As of 5:01 a.m. ET, the yield on the 10-year Treasury decreased by more than one basis point to…
•
(Bloomberg) – Investment firm EQT AB is strengthening its green agenda by attempting to acquire one of Sweden’s largest wind farm developers privately. This move follows previous investments by EQT in the renewable energy industry in both Europe and the United States as part of its strategy to benefit from the increasing electrification of…
•
The Biden administration is planning to impose new tariffs on Chinese imports, which could potentially target electric vehicles, medical supplies, and solar equipment. These new tariffs are set to be announced as early as Tuesday and would be part of a broader strategy aimed at protecting the US against supply shortages seen during the…
•
Based on the article, here’s a summary of why three billionaire investors are currently betting big on energy stocks: 1. Chevron (CVX): – Warren Buffett, known for his successful investments, added to his position in Chevron in 2023, indicating confidence in the company. – Chevron provides broad exposure to the energy sector with operations…
•
In a major speech scheduled for Monday, British Prime Minister Rishi Sunak will declare that the country is at a “crossroads” and needs innovative solutions as he aims to reinvigorate dwindling support for his Conservative Party before a general election, reportedly due later this year. The address, which Sunak has long wanted to give,…
•
According to a report from Bloomberg, a consortium consisting of investors including Starwood Capital Group and SSW Partners is considering a potential buyout of Asian warehouse developer ESR Group Ltd. The group is currently speaking with minority shareholders regarding the proposal, although nothing has been finalized. While an announcement may be made as soon…
•
In response to the ongoing conflict in Ukraine against the West, Russian President Vladimir Putin has carried out a significant reshuffle of his defense and security team. Putin has appointed former economy aide and First Deputy Prime Minister Andrey Belousov, 65, as Russia’s new defense minister, replacing Sergei Shoigu, who has served in the…
•
SoftBank’s flagship tech investment arm, the Vision Fund, reported a surprise loss of ¥96.7 billion in the March quarter due to markdowns on valuations in its portfolio of hundreds of unlisted startups, including JD Logistics, Better Holdco, DingDong, and AutoStore Holdings. However, SoftBank as a whole posted a net income of ¥231.1 billion, compared…