Analysis: Indices

Global uncertainty, market correction risks cloud India's growth outlook, top adviser says

India's growth outlook faces potential downside risks from global macroeconomic uncertainty and prolonged financial market corrections, the country's chief economic adviser said days before the...

How strong is too strong?

Jan 30 -   Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!  ...

ArcelorMittal extends minerals agreement in Liberia

Multinational steelmaker ArcelorMittal has extended a long-term agreement with the government of Liberia on mining and shipping of minerals, the company said on Friday, bringing its total investments...

Australian canola down but not out of China after Xi's deal with Canada

A trade deal between China and Canada has damaged Australia's hopes of becoming China's main supplier of canola, but the Pacific nation's access to the world's biggest oilseed importer has...

Vedanta Ltd CFO targets mid-May India listings of demerged units

Oil-to-metals conglomerate Vedanta Ltd aims to list its four planned demerged units on Indian exchanges by mid-May, its finance chief said.  The natural resources group is nearing the...

Brazil's Agibank seeks up to $3.3 billion valuation in US IPO

Sao Paulo-based fintech Agibank said on Thursday it was seeking a valuation of up to $3.3 billion in its U.S. initial public offering, as Brazilian financial firms test investor appetite for overseas...

Insurance platform Ethos Technologies valued at $1.2 billion in Nasdaq debut

Ethos Technologies clinched a valuation of $1.2 billion in its Nasdaq debut on Thursday, as insurance firms continue to find receptive investors in a strengthening IPO market. The U.S....

Batista brothers' PicPay valued at $2.5 billion as shares jump in Nasdaq debut

Shares of PicPay, controlled by the billionaire Batista family, jumped 2.6% in their Nasdaq debut on Thursday, valuing the Brazilian digital bank at $2.53 billion. ...

US lawmaker asks Vitol, Trafigura about Venezuela oil deals

The top Democrat on a U.S. House investigative committee has asked global trading houses Vitol and Trafigura about any correspondence with the Trump administration before the U.S. capture of...

South Africa's Eskom ups wage hike offer in ongoing union talks

South African state-owned power utility Eskom has raised its salary increase offer to trade unions to 5.5% from the 3.5% it proposed last year, a document seen by Reuters showed, though it remains...

South Africa proposes new way for firms to comply with Black empowerment policy

South Africa's government has proposed amending its flagship Black empowerment policy to allow white-owned companies to gain points by contributing to a controversial new 100 billion rand fund for...

US weekly jobless claims fall; trade deficit widens by the most in nearly 34 years

The number of Americans filing new applications for unemployment benefits fell last week from an upwardly revised level in the prior week, suggesting layoffs remained low, but tepid hiring is stoking...

Canada records big jump in trade deficit in November as US exports fall 

Canada posted a huge jump in its monthly international trade deficit in November as merchandise exports dropped by a big margin, data showed on Thursday, and economists said firms were still pursuing...

Lockheed Martin sets profit-sharing deal with US, outlook pleases investors

Lockheed has reached a profit-sharing agreement with the U.S. government related to the production of much-needed air defense missiles, the biggest U.S. defense contractor by output said on Thursday,...

South Africa's central bank holds key rate in split decision

South Africa's central bank kept its main lending rate unchanged at 6.75% on Thursday, saying it wanted to see inflation expectations fall further and citing potential price pressures including...

UK's FTSE 100 rebounds as financial, energy stocks gain

London's blue-chip index ended higher Thursday, led by financial and energy stocks, as investors parsed a mixed bag of corporate results.  The FTSE 100 closed up 0.2%, after hitting a...

TotalEnergies on track to deliver LNG in Mozambique in 2029, CEO says

TotalEnergies CEO Patrick Pouyanne said on Thursday the company was on track to deliver LNG from its Mozambique project in 2029, adding there will be a massive ramp up in activity in the country in...

South African rand slips after central bank keeps key rate unchanged

The South African rand slipped on Thursday after the central bank kept its main lending rate unchanged at its first rate-setting meeting of this year. At 1558 GMT, the rand traded at...

Three firms vie for Indian gas firm GAIL's tender to buy into US LNG project

Three companies are competing for GAIL India's tender to acquire up to a 26% stake in a liquefied natural gas project in the United States, its Chairman Sandeep Kumar Gupta said on Thursday. ...