Bloomberg The world’s largest provider of exchange-traded funds is bracing for a record year of trading in its flagship European credit fund as uncertainty about the timing and severity of central bank tightening pushes investors into more liquid instruments. BlackRock’s iShares euro corporate bond fund has already seen a daily average of more than 300 million euros ($341 million) ...

  Bloomberg Jes Staley departed Barclays Plc under a cloud because of an ongoing probe into his relationship with deceased offender Jeffrey Epstein. But his strategy for the British lender — to champion its investment bank — is set to outlast him. As his replacement as chief executive officer, CS Venkatakrishnan, prepares his maiden quarterly earnings presentation this week, Staley’s ...

  Bloomberg Stocks decline with US futures on Tuesday on intensifying tension between the West and Russia over Ukraine, a standoff that’s causing energy prices to soar and leading investors to seek havens among sovereign bonds. The Stoxx 600 Index pared a loss of as much as 1.8% at the open to trade 0.7% lower. US contracts pointed to declines ...

  Bloomberg Chinese technology stocks dropped for a third straight session amid fresh worries over Beijing’s regulatory plans for the sector. The Hang Seng Tech Index falls 1.9% on Tuesday to the lowest close since its inception in 2020. Alibaba Group Holding Ltd. was among the biggest losers following a Bloomberg report that authorities have begun another round of checks ...

  Sharjah / WAM Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, has been named ‘Airline of the Year’ at the 2022 Air Transport Awards that took place in Athens, Greece with the participation of industry leaders. The winners of the Air Transport Awards were voted for by the readers of Air Transport ...

  Bloomberg Australian utility AGL Energy Ltd rejected a multibillion-dollar takeover bid from Brookfield Asset Management Inc and technology billionaire Mike Cannon-Brookes, who plan to accelerate the closure of the company’s polluting coal-fired power plants. Brookfield and Cannon-Brookes’s investment firm Grok Ventures have a $14 billion transition plan to shift AGL to clean energy and “remains optimistic that an agreement ...

  Bloomberg London property is back in vogue as a return to the office fuels demand for homes in the UK capital. That’s according to Rightmove Plc, which said in a report on Monday that buyer enquiries and asking prices both rose sharply this month. The jump represents a turnaround for the London property market, which underperformed other parts of ...

  Bloomberg The prospect of Federal Reserve policy tightening and signs of thinner bond market liquidity are denting the case for Treasuries as a reliable haven just as amped up geopolitical tensions around Ukraine have investors on alert for potential refuge assets. That’s spurring some to look more closely at currency markets in particular for alternative ways to protect themselves ...

  Bloomberg US equity futures rise and Asian stocks pared losses on Monday as traders evaluated the possibility of a summit on Ukraine between President Joe Biden and his Russian counterpart Vladimir Putin. Nasdaq 100, S&P 500 and European contracts erased falls to climb about 1%, while an Asia-Pacific equity index came off its lows but stayed in the red. ...

  Bloomberg India has received proposals worth $20.5 billion from five companies to manufacture semiconductor fabs and display fabs locally, according to a government statement. Companies including Vedanta in joint venture with Foxconn, Singapore-based IGSS Ventures pte, and ISMC have proposed $13.6 billion investments for manufacturing the chips, which are used in a wide array of products ranging from 5G ...