Negative-yielding bond supply hits all-time high – J.P. Morgan
The amount of bonds carrying negative yields increased to an all-time peak of $13.2 trillion on Wednesday, up $1.6 trillion or 13.4% from a month...
New U.S. pipelines poised to start price war for shale shippers
The operators of two new pipelines in West Texas shale fields are offering discounted prices to attract shippers accustomed to high fees to move oil...
Barrick Gold plans to sell Tongon gold mine in Ivory Coast – BBG
Barrick Gold Corp is looking to sell its Tongon gold mine in the Ivory Coast and is working with Bank of Nova Scotia to identify...
Facebook loses facial recognition technology appeal, must face class action
A federal appeals court on Thursday rejected Facebook Inc’s effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data...
U.S. small-cap stocks under renewed threat from tariffs
Last week’s announcement of more U.S. tariffs on Chinese goods may have undermined the prospects for small-cap stocks to rebound this year, even after a...
PG&E shareholders outline possible $15 billion share sale after widlfires
PG&E Corp shareholders are proposing raising $15 billion in equity to fund a planned reorganization of the power producer facing huge liabilities from California wildfires,...
Fidelity’s money-market fund assets surged 20% in past year
Fidelity Investments’ money-market fund assets have climbed $116 billion, or 20%, over the past 12 months as investors embrace higher yields for their idle cash,...
Exclusive: Iraq close to pipeline deal with BP and Eni, rather than Exxon – sources
Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of...
Wall Street on the rise for third day after upbeat data
U.S. stocks surged on Thursday as better-than-expected domestic and Chinese data as well as a firming yuan offered some relief to investors alarmed by a...
Kraft Heinz withdraws outlook after dismal results
Kraft Heinz Co reported weak sales on Thursday, prompting the maker of packaged foods to write down the value of several business units by more...