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Bank of America expects $10b in India green deals in 2023

  Bloomberg India could attract close to $10 billion in renewable energy investment in 2023, a bright spot as public markets remain largely shut to big-ticket capital raising, according to Bank of America Corp’s top executives in the country. Deals and investments will continue to flow into areas such as electric vehicles and green hydrogen, Kaku Nakhate, the lender’s president ...

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US futures swing amid caution over Federal Reserve response

  Bloomberg US equity-index futures fluctuated between gains and losses as investors debated whether inflation had eased enough to encourage the Federal Reserve to slow monetary tightening. Contracts on the S&P 500 and Nasdaq 100 index rose about 0.1% each after the rally in US stocks on the back of a fifth month of decline in consumer-price growth. Treasuries rallied ...

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Tesla stock rout putting market cap below $500b

  Bloomberg The selloff in Tesla Inc shares that accelerated after the electric-vehicle maker was reported last week to be planning to temporarily suspend output at its Shanghai factory pushed the company’s market valuation briefly below the coveted half-trillion-dollar mark. Shares of the EV industry leader have been in a freefall over the past few months, sinking nearly 40% since ...

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