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  • Saga Rises After Confirming Talks to Sell Insurance Business

    Saga Rises After Confirming Talks to Sell Insurance Business0

    Shares in Saga (LON:SAGA) rose on Monday after the company confirmed on a weekend report saying it’s in talks to sell its insurance business Acromas. The Sunday Times had reported that the group wants to use the proceeds from the sale to pay down debt, after a year in which financing costs have risen substantially

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  • Indian Stocks Rise On Strong Bank Earnings, Asian Markets Advance

    Indian Stocks Rise On Strong Bank Earnings, Asian Markets Advance0

    Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose slightly, although market holidays dulled trading volumes across most of the region. India’s BSE Sensex 30 and Nifty 50 indexes rose 0.7% each, buoyed largely by major bank stocks following better-than-expected results from ICICI Bank

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  • Asia FX Rises in Holiday Trade as China Recovery Bets Grow

    Asia FX Rises in Holiday Trade as China Recovery Bets Grow0

    Most Asian currencies strengthened in thin trade on Monday, while the dollar weakened further amid growing bets that the Chinese economy will bounce back this year, with focus also turning to key U.S. data due this week. Regional trading volumes were limited with most markets closed for the Lunar New Year. But markets are betting

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  • Musk to jury: Just Because I Tweet Something, Doesn’t Mean People Believe it

    Musk to jury: Just Because I Tweet Something, Doesn’t Mean People Believe it0

    Elon Musk, Tesla (NASDAQ:TSLA) Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private. Musk’s testimony began with questions about his use of Twitter, the social

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