Investors ploughed $123.1 billion into cash in the seven days to Wednesday, marking the largest such inflow since March 2023 and a record for the first week of a year, Bank of America said in a report published on Friday.
Argentina’s cash-strapped government will raise $3.2 billion in hard currency in order to meet debt repayments via an issuance of 10-year bills to the central bank, according to a decree in the official gazette on Friday.
Healthcare dealmakers are making their way to San Francisco for a major industry conference, optimistic that more deals are in the offing after a wave of biotech company takeovers at the end of last year.
The Canadian dollar is expected to trade at stronger levels than previously thought over the coming months and year if the U.S. Federal Reserve pivots to cutting interest rates before the Bank of Canada, a Reuters poll found.
EU antitrust chief Margrethe Vestager will meet the chief executives of Apple , Alphabet , Broadcom and Nvidia in the United States next week, her communications advise said on Friday.
U.S. investors reduced holdings in equity funds, shifting to money market funds amid caution before key payroll reports, as a stock market rally eased and they awaited further evidence to support expectations of substantial Federal Reserve rate cuts.
Japan’s top steelmaker Nippon Steel is confident of successfully completing its planned acquisition of U.S. Steel , despite opposition from labour union and certain U.S. senators, its president said on Friday.
Euro zone inflation jumped as expected last month, supporting the European Central Bank’s case to keep interest rates at record highs for some time, even as markets continued to bet on a rapid fall in borrowing costs.
Container shipping giant Maersk is diverting all vessels from Red Sea routes around Africa’s Cape of Good Hope for the foreseeable future, it said on Friday, warning customers to prepare for significant disruption.
BAE Systems said it would restart the production of structures for its M777 lightweight howitzer after it signed an initial deal worth up to $50 million with the U.S. Army for the weapon, which has been donated to Ukraine.
