Friday , 2 January 2026

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Stocks pricing elevated odds of recession, says Goldman strategist

  Bloomberg US stock investors are pricing in stronger odds of a recession than are evident from positive macroeconomic indicators, according to Goldman Sachs Group Inc strategists. “A recession is not inevitable,” Goldman strategists led by David Kostin wrote in a note. “Rotations within the US equity market indicate that investors are pricing elevated odds of a downturn compared with …

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Uniper to keep importing gas from Russia

  Bloomberg Uniper SE plans to keep importing natural gas from Russia for another decade, even as Europe seeks to cuts its energy dependency on the country. The German utility — one of the continent’s largest buyers of Russian gas — has contracts with Gazprom PJSC that will expire in the middle of 2030s, CEO Klaus-Dieter Maubach said at Uniper’s …

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Selling SriLankan Airlines tough task for new premier

  Bloomberg Sri Lanka’s new Prime Minister Ranil Wickremesinghe wants to sell the national airline, saying the country’s poorest people who’ve never flown shouldn’t be saddled with its losses. Finding a buyer might not be easy. SriLankan Airlines Ltd, which prior to the pandemic serviced 126 destinations in more than 60 countries, lost $125 million in the year through March …

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