Business

Target’s Turnaround Is Finally Working: Telsey Analyst

Target’s turnaround may finally be working. Telsey Advisory Group Senior Managing Director and Assistant Director of Research Joseph Feldman joined Bloomberg Open Interest to break down why stronger traffic, sharper merchandising and a…

US 10-Year Treasury Yield Will Top 5% This Year: Markets Pulse

The recent selloff in US bonds that’s sent 30-year yields to multi-decade highs is poised to set another milestone, with the majority of respondents to the latest Markets Pulse survey predicting the 10-year benchmark will soon exceed 5%.

Russia’s key task is transition to sustainable economic development model — Novak

Russia’s key task is transition to sustainable economic development model — Novak

According to the Russian deputy prime minister, this is precisely what the structural transformation plan is aimed at

Berkshire Hathaway bet big on the U.S. housing market. You probably shouldn’t follow suit.

MarketWatch

Berkshire Hathaway bet big on the U.S. housing market. You probably shouldn’t follow suit.

Home-builder stocks are cheap, but it’s not easy to time a rebound in the depressed housing market.

MarketWatch

Citi Turns Bullish on Zambia Debt as Election Heralds Upgrades

Citigroup Inc. plans to go long on Zambia’s bonds as it sees the copper-producer to be in line for credit upgrades after recent elections.

How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz

The New York Times

How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz

With Iran making ship traffic perilous, a U.S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys.

The New York Times

Strategic Value Partners Considers Sale of APCOA Parking

Strategic Value Partners is considering a sale of APCOA Parking Holdings, which could fetch €2 billion ($2.3 billion) to €2.5 billion, people familiar with the matter said.

Moderna’s cancer shot: exciting for investors, inconclusive for patients

Financial Times

Moderna’s cancer shot: exciting for investors, inconclusive for patients

A glimmer of hope for sufferers, a potential revenue platform for a cash-burner, and a whole heap of unknowns

Financial Times

Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters

CNBC

Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters

The scrutiny raised questions about what could happen to Walter's Carvana position if fallout from the investigation pressures him to raise cash.

CNBC

China may reduce reliance on Straits of Hormuz and Malacca via NSR — Fortune

According to the publication, interest in the Arctic route has surged following the effective suspension of shipping in the Strait of Hormuz due to the war involving the US, Israel, and Iran

Arsenal chief calls for clarity on Man City charges

The Punch

Arsenal chief calls for clarity on Man City charges

Arsenal’s chief executive calls for clarity and a speedy resolution on the Man City charges, involving over 100 alleged breaches of financial rules. Get th Read More: https://punchng.com/arsenal-chief-calls-for-clarity-on-man-city-charges/

The Punch

Merck, Moderna Stocks Soar After Melanoma Trial Success

Shares of Moderna and Merck soared on Wednesday morning after a study showed that a vaccine they produced had promising results when it comes to fighting skin cancer. A late-stage trial showed that the mRNA vaccine helped reduce the…