There is nothing like a pandemic and a European war to highlight the value of logistics. Amazon. com’s growing fleet of planes shows that it is investing hard to deliver—probably at the expense of FedEx, FDX 4.49% UPS UPS 3.50% and DHL. Amazon’s cargo airline currently makes an average of 187 flights a day, compared […]
Chinese auto stocks have skidded lower this year, as sluggish sales and supply-chain disruptions have made investors more pessimistic about the world’s largest car market. The sector has been caught up in the broader volatility roiling Chinese markets, which had fallen sharply in recent sessions before clawing back some of those losses with a big […]
Yields on U.S. government bonds have surged back to their highest levels since 2019, reflecting investors’ growing bets that Russia’s invasion of Ukraine won’t slow the momentum toward higher interest rates. The yield on the benchmark 10-year U.S. Treasury note settled at 2.139%, up from 2.004% Friday and its highest close since June 2019. Yields, […]
London’s nickel market will stay closed at least until next week, giving the London Metal Exchange more time to resolve a crisis caused by a huge loss-making trade originating in China. The LME paused trading in nickel Tuesday, the first time it had suspended a market since 1985, and canceled trades executed before the suspension. […]
WASHINGTON—Federal regulators are considering a requirement that publicly traded companies disclose data breaches and other significant cybersecurity incidents within four days, as they seek to strengthen financial markets’ resilience to online attacks. The Securities and Exchange Commission proposed a rule Wednesday that would impose mandatory reporting for companies around cybersecurity. Commissioners voted 3-1 to issue […]
Nickel is a vital ingredient of electric-vehicle batteries, a focus of renewable-energy investors. Photo: EVGENIA NOVOZHENINA/REUTERS March 9, 2022 11:11 am ET Nickel at $100,000 a ton is evidence of a financial squeeze more than one related to the underlying commodity. It still illustrates the risks associated with the bets on green energy now piling […]
Amazon.com Inc. said Wednesday that it would split its stock 20-for-1. Stock splits change the stock price and not much else, but they can be confusing anyway. Stock splits rarely happen these days. Once nearly a given when shares topped $100 or so, stock splits have all but disappeared from the corporate playbook. Stock splits […]
Federal prosecutors and securities regulators are investigating large bets that Barry Diller, Alexander von Furstenberg and David Geffen made on Activision Blizzard Inc. shares in January, days before the videogame maker agreed to be acquired by Microsoft Corp. MSFT 3.31% , according to people familiar with the matter. The three men have an unrealized profit […]
As oil prices shoot to levels unseen since before the 2008 financial crisis, the energy industry is asking a previously unthinkable question: How would it cope if it has to forgo Russian oil? Crude prices rose briefly to almost $140 a barrel, grain prices leapt and industrial metals rallied on Monday as war in Ukraine […]
Investors are starting to buy Ukrainian and Russian bonds that plummeted to discounted prices, betting that they will recover if the war between the two countries comes to an end. The trade is high-risk, given uncertainty over what Ukraine will look like after the war and how long the financial cordon around Russia will last. […]
