Page 58 - Stk News Today

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(Bloomberg) -- Indian stocks are facing the longest run of foreign outflows in five years, an exodus that’s stalling the market’s steady surge from pandemic lows in March 2020. Foreign institutional investors have been net sellers every month since September, dumping $7.

(Bloomberg) -- Canada’s oil companies are outperforming their energy-producing peers as the highest oil prices in seven years brings a windfall of cash.

(Bloomberg) -- East African Breweries Plc has ramped up imports of spirits to avoid any stock-outs amid global supply-chain hangovers, according to Group Chief Financial Officer Risper Genga Ohaga. The Diageo Plc unit boosted inventory by 800 million shillings ($7.

(Bloomberg) -- Orange SA named Christel Heydemann chief executive officer, making her the first woman to lead France’s biggest phone carrier.

(Bloomberg) -- The Federal Reserve signaled it will start raising interest rates “soon” and shrink its bond holdings after liftoff has begun, moving toward ending ultra-easy pandemic support to fight the hottest inflation in a generation.

(Bloomberg) -- Asian stocks dropped by the most in over a month as hawkish remarks by U.S. Federal Reserve Chairman Jerome Powell sparked selling in the region’s technology giants.  The MSCI Asia Pacific Index fell as much as 2%, with Alibaba Group Holding Ltd. and Sony Group Corp.

(Bloomberg) -- Intel Corp. gave a disappointing forecast for profit in the current quarter, fueling concern that the cost of Chief Executive Officer Pat Gelsinger’s turnaround plan will weigh heavily on the chipmaker’s financial performance.

(Bloomberg) -- Turkey has approached banks holding a majority stake in the country’s telecom giant to finance a planned buyout of the firm by the nation’s sovereign wealth fund.

(Bloomberg) -- Foreigners are cutting and running in some key Asian emerging markets amid turbulent trading ahead of this week’s Federal Reserve meeting, where policymakers are expected to signal an interest-rate liftoff in March.