Bloomberg National Australia Bank Ltd.’s (NAB) full-year profit beat forecasts as the lender continued to ride the wave of a stronger-than-expected recovery in the nation’s economy. Cash earnings climbed to A$6.56 billion ($4.87 billion) in the year ended September 30, compared with A$3.71 billion ($2.73 billion) a year earlier, according to a statement. That beat the A$6.45 billion mean estimate ...

Bloomberg Bonds rallied from Europe to the US, with 30-year Treasury yields falling to the lowest since July, a move that was accelerated by traders unwinding their short bets. The 30-year US rate falls as much as 9 basis points to 1.79%, narrowing its gap with five-year yields to 72 basis points, within less than 1 basis point of the ...

Bloomberg Tesla Inc lost about $199 billion in value during its biggest back-to-back selloff since September 2020 amid a host of negative news. The drumbeat of adverse headlines reached a crescendo after Elon Musk’s Twitter poll that asked voters over the weekend if he should sell 10% of his stake in the electric-vehicle company was followed by news of his ...