Business

Bessent's Treasury Market Intervention, Samsung, SK Hynix Buybacks | The Opening Trade 8/20/2026

A rebound in long-dated Treasuries ran out of steam while US stock futures struggled for direction as investors waited for fresh catalysts to give markets direction. Samsung Electronics Co. and SK Hynix Inc. are preparing record…

India Prop Traders’ Derivatives Profits Fall to $4.7 Billion

Proprietary trading firms, including those owned by global companies, saw their gross profit from equity derivatives decline to 445 billion rupees ($4.65 billion) for the year ended in March, as speculative fervor cooled following curbs…

IN BRIEF: Putin’s key statements at meeting on nuclear energy

According to the head of state, there are plans to broaden the geographic distribution of nuclear power plant units across Russia's regions

We're Seeing a 'K-Shaped Bond Market' Says Guneet Dhingra

Market participants are warning that a lack of predictability when it comes to the US Treasury’s debt management strategy could ultimately portend higher borrowing costs. Guneet Dhingra, Head of US Rates Strategy at BNP Paribas, discusses…

Walmart Tumbles on Sales; Coty Falls on Forecast | Stock Movers

On this episode of Stock Movers: - Shares of Walmart (WMT) tumbled ahead of the market open after the retail giant’s quarterly sales fell short of expectations, a rare miss that’s likely to stoke concern about the leading big-box retailer…

Northern Sea Route to become most reliable route between Russia, China — NewNew Shipping

The Black Sea route between China and Russia is effectively closed now

US Trade Talks Fuel Worry in Canada Over Tech and AI Rules

The US Trade Representative’s mention of “digital trade alignment” as part of an agreement with Prime Minister Mark Carney’s government is fueling concerns about Canada’s ability to set its own policy for technology companies.

Western oil refinery closures set to continue despite war shock

Financial Times

Western oil refinery closures set to continue despite war shock

North America and Europe to lose further capacity to turn oil into petrol, diesel and jet fuel because of investor wariness

Financial Times

Cascais hotel to lay off 175 workers ahead of two-year closure

Portugal Resident

Cascais hotel to lay off 175 workers ahead of two-year closure

The five-star Hotel Cascais Miragem is planning to lay off around 175 employees ahead of a closure lasting at least two years for extensive renovation work. The Cascais hotel has The post Cascais hotel to lay off 175 workers ahead of…

Portugal Resident

The Deal: Why Everyone's Watching Vanderbilt

What does it take to fit in as a coach at Vanderbilt University? On this week's episode of The Deal, Alex Rodriguez and Jason Kelly sit down with Candice Storey Lee, the the athletics director there, to find out what she looks for when…

Egypt Holds Rates a Fourth Time With No End to Iran War in Sight

Egypt held interest rates for a fourth meeting in a row, choosing caution after inflation quickened and prospects dimmed for an imminent end to the Iran war.

US 30-Year Bonds Erase Gains From Bessent’s Buyback Plan

US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a…