Yes Bank’s share price jumped 3% on Tuesday after a Bloomberg report indicated that the Sumitomo Mitsui Financial Group (SMFG) is considering an additional investment of $1.1 billion in the bank.The report came two months after the SMFG purchased a 20% stake in Yes Bank, signalling it’s deepening commitment to India’s fast-growing…
S&P 500 inclusion, for any stock, is more than just a symbolic milestone – it’s a catalyst for capital inflows, institutional recognition, and often, a sharp rally in share price.When a company is added to the benchmark index, passive investment funds that track S&P 500 are required to buy its…
Dow Futures were slightly in the red early Tuesday as traders stayed on the sidelines ahead of US inflation numbers and the first wave of quarterly results from major banks. There’s a fair amount of nervous energy in the market, with fresh concerns about tariffs resurfacing and adding to the…
Should trade negotiations with Washington falter, the European Commission is considering imposing tariffs on $84.1 billion (72 billion euros) worth of US products. These goods include a range of items, from Boeing aircraft and bourbon whiskey to automobiles, according to a Reuters report.US President Donald Trump has proposed a 30% tariff…
Mexico’s retailers are expected to benefit from sequentially strong second-quarter 2025 earnings, driven by favourable calendar effects that moved Easter into the quarter and shifted promotional calendars into the period. According to Reuters, this seasonal uptick, alongside continued strategic actions to attract cautious shoppers, is expected to translate into robust…
As part of an ongoing $16.1 billion legal fight, a US federal judge granted Argentina a temporary halt on transferring its majority stake in YPF, the country’s largest energy business. The judgment, issued on Monday by US District Judge Loretta Preska in Manhattan, postpones the enforcement of a prior order…
Coinbase Global is facing what analysts at Oppenheimer describe as an “unfavorable” setup heading into its second-quarter earnings report, with trading volumes and revenues expected to fall short of Wall Street estimates. The cryptocurrency exchange is projected to post a significant sequential drop in trading activity, despite its stock having…
The US Department of Defense (DoD) has awarded contracts to four major artificial intelligence developers. Alphabet Inc.’s Google, OpenAI, Anthropic PBC, and Elon Musk’s xAI—as part of a strategic initiative to accelerate the military’s adoption of advanced AI technologies. The announcement, made Monday by the Pentagon’s Chief Digital and Artificial…
Just a year and a half ago, Argentina’s economy looked like it was heading for its tenth sovereign default. Inflation was out of control. The peso was imploding. Nearly half the population lived in poverty.Experts warned that electing a chainsaw-wielding libertarian outsider as president would push the country over the edge. Instead,…
Startup funding in the United States soared 75.6% in the first half of 2025, reaching $162.8 billion, according to a new report from PitchBook released Tuesday. It marks the strongest six-month performance since the first half of 2021 — the height of venture capital activity under the Zero Interest Rate…