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Bloomberg US stocks rose for a fourth day, with technology shares leading the advance as investors awaited fresh catalysts after digesting solid American economic data and inconclusive trade talks in Washington. The S&P 500 overcame morning weakness to push higher, while Nvidia, Adobe, Microsoft and Apple led the Nasdaq indexes to solid advances. Alphabet reports earnings after the closing bell. ...

Bloomberg India’s benchmark equity index rose to its highest level since September in a late surge helped by gains in a handful of large-cap stocks, as investors digested the the government’s last federal budget before the national ballot. The S&P BSE Sensex rose 0.3 percent to 36,582.74 in Mumbai after falling as much as 0.7 percent in early trade. The ...

Bloomberg Australian investors just got the final piece of a 13-month inquiry into rampant misconduct at nation’s biggest banks and financial firms that could set the tone for country’s stocks this week. The report on financial companies was released after the stock market closed on Monday and recommended against a structural separation. The S&P/ASX 200 Finance Index, whose companies account ...

Bloomberg For the thousands of energy traders, utility executives and analysts descending on Essen and the E-world fair in Germany this week the impact of a relatively mild winter on the power and gas markets will be a main topic of conversation. The warmer-than-usual temperatures for most of the heating season so far, along with concern about climate change, is ...

Bloomberg Petroleos Mexicanos bonds cratered after Fitch Ratings downgraded the state-owned company to just a notch above junk, spurring a slide in sovereign debt and the peso. The yield on Pemex bonds due in 2027 rose 28 basis points to 7.251 percent at 1:02 pm in New York, after jumping as much as 40 basis points earlier in the day. ...

Bloomberg Morocco will start intervening to limit fuel prices from March as the margins of fuel distributors such as Vivo Energy and Total Maroc come under scrutiny following nationwide protests last year. “The capping mechanism is coming,” General Affairs and Public Governance Minister Lahcen Daoudi said in a video published on his party’s website, indicating it would be put in ...

Bloomberg US oil refiners won’t be allowed to complete shipments of Venezuelan crude they booked before the Trump administration slapped new sanctions on the Latin American nation. US Treasury Department officials have informed some companies that previously contracted cargoes won’t be exempt from a new rule blocking payments to Venezuela’s PDVSA, according to two people familiar with the matter. The ...

Bloomberg New Fortress Energy LLC fell 6.6 percent in its trading debut, as the markets gave a cold shoulder to the first operating company to go public after the US government reopened. The energy infrastructure company raised $280 million on Wednesday, selling 20 million shares for $14 each — below the $15 price it had set for them. The shares ...

Bloomberg Billionaire Anil Ambani’s Reliance Communications Ltd. had a record plunge in Mumbai after the company said it will file for insolvency following failed attempts to sell assets and repay about $6.3 billion of debt. Shares of RCom, as the company is called, were trading at 7.01 rupees in Mumbai, down 39 percent. The company’s dollar-denominated bonds due November 2020 ...

Bloomberg Sony Corp. reported weaker profits in the PlayStation business and cut its annual revenue forecast, triggering the steepest share decline in almost three and a half years. The stock fell 8.1 percent in Tokyo on Monday, the most since September 2015, after operating income in games fell 14 percent to 73 billion yen ($666 million) for the holiday quarter. ...