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Modi magic seen lasting in Indian stocks amid foreign flows

  Bloomberg Prime Minister Narendra Modi’s election-win magic looks to be casting a spell on the Indian stock market. The S&P BSE Sensex index will climb to 32,000 by the end of December, up more than 8 percent from its close of 29,518.74 on Monday, according to a median estimate of eight traders and investors surveyed by Bloomberg News on ...

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Global stocks weighed down by G20 statement

  LONDON / AP Global stock markets were trading lower on Monday after finance ministers from the world’s major economies dropped a pledge to oppose trade protectionism from a weekend statement due to resistance by the Trump administration. In Europe, France’s CAC-40 fell 0.3 percent to 5,015 while Britain’s FTSE 100 declined 0.1 percent to 7,417. Germany’s DAX declined 0.3 ...

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Tesla’s fundraising is just an appetizer

  Tesla Inc. clearly understands the best appetizers leave you hungry for more. After months of playing coy about whether or not it would raise more money, Elon Musk’s electric-vehicle-cum-renewable-energy company announced it was seeking up to $1.15 billion in new money, three quarters of it from a convertible bond and the rest from selling new stock. Bit of a ...

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