Dubai’s Shuaa Plans Rights Issue After Key Shareholder Reduces StakeDiageo’s Nigerian Arm to Stop Importing Johnnie Walker Amid FX ShortagesStock futures signal recovery before U.S.
49%RBI’s Surprise Bond Sales Plan Sparks a Selloff in India MarketOzempic Threat Is Causing a Selloff in Candy and Beer StocksGabon’s Post-Coup Government Keeps Focus on Forest PreservationUS Regulators Weigh Penalizing Bankrupt Crypto Lender Voyager’s Ex-CEOPGA-LIV Deal Faces Delay Over Antitrust, Players Demand StakeLNG Workers in Australia Vote to Resume Strikes at Chevron SitesIran’s Narges Mohammadi Awarded 2023 Nobel Peace PrizeCME Head Says He and New Chicago Mayor ‘Don’t Agree on...
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Mortgage rates rise, Rivian stock slumps on plans to raise $1.5 billion: Yahoo Finance LiveThe average 30-year mortgage rate has risen to 7.49%, according to Freddie Mac. We’ll be discussing the rise in rates with Redfin CEO Glenn Kelman (RDFN) at 3:35 p.m. ET. Meanwhile, Rivian (RIVN) shares are being pummeled after the EV maker announced plans to raise $1.5 billion through a convertible note offering. Other trending tickers on Yahoo Finance include Coca-Cola (KO), BlackBerry (BB), and Lucid Group (LCID).Top guests on Yahoo Finance Live today include:3:05 p.m. ET - John Stoltzfus, Oppenheimer Asset Management Managing Director and Chief Investment Strategist3:25 p.m. ET - Scott Devitt, Wedbush Securities Analyst3:35 p.m. ET - Glenn Kelman, Redfin CEO4:05 p.m. ET - Joseph Wang, Monetary Macro CIO4:20 p.m. ET - Karin Kimbroug, LinkedIn Chief Economist
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Brevan Howard Plans $750 Million Push Into Commodities Trading - BNN BloombergBrevan Howard Asset Management is building out a team to trade commodities as the macro hedge fund group diversifies its business.
Source: BNNBloomberg - 🏆 83. / 50 Read more »