Hiufan Tsang, general manager of Lipton Teas and Infusions’ business in China, on how the company is trying to stay relevant with the region’s consumers.
Ethereum Eyes $4K as Leveraged ETF Demand Soars 160% and Market Dynamics Shift
Investor interest in leveraged Ethereum products has surged, with VolatilityShares’ 2x Ether ETF seeing a 160% increase in exposure since early November.
The vintage year for US stock markets that few people expected
(Bloomberg) -- A year ago, equity investors and strategists braced for a potential turbulent 2024, worrying about the risk of a hard landing for the US economy and interest rates cuts that could come too late to prevent it. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasFast forward to now: 2024 is set to enter Wall Street’s hall of fame of bull yea
Oil Drifts Lower in Thin Trading on Cease-Fire, OPEC+ Delay
(Bloomberg) -- Oil drifted lower in thin post-holiday trading on uncertainty about OPEC+’s production plans and the durability of a truce between Israel and Lebanon-based Hezbollah.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesBrent shed 1.3% to settle below $72 a barrel. A cease-fire deal that halted more than a year of fighting between Israel and Hezbollah appeared to be holding, despite both
Oil settles down as ease of supply risks drives weekly loss
NEW YORK (Reuters) -Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern over supply risks from the Israel-Hezbollah conflict and the prospect of increased supply in 2025 even as OPEC+ is expected to extend output cuts. Brent crude fell 34 cents, or 0.46%, to settle at $72.94 a barrel.
Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market
The approval by the New York Department of Financial Services means that Ripple will be allowed to legally offer its stablecoin through a so-called limited purpose trust charter.
Enanta Pharmaceuticals’ Reduced Reporting: Potential Impact on Investor Appeal and Stock Volatility
Enanta Pharmaceuticals (ENTA) has disclosed a new risk, in the Share Price & Shareholder Rights category. Enanta Pharmaceuticals, as a smaller reporting company under the Exchange Act, may opt to utilize reduced reporting and disclosure obligations, potentially impacting investor appeal and the market activity of its common stock. These exemptions include limited executive compensation disclosures and a requirement of only two years of audited financial statements, which may lead to heightened s