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Day 2 of Powell on the Hill: SA Sentiment sees rate cuts starting in September

FotografieLink/iStock via Getty Images Get ready for Day 2 of testimony from Fed Chair Jerome Powell. Fresh off an appearance before the Senate Banking Committee, the central bank leader will sit before the House Financial Services Committee, with many investors watching his every word on rates, the current environment, andContinue Reading

Covestro says starting formal talks with Adnoc on potential $12.5B deal

In: Finance

ClaudineVM/iStock Editorial via Getty Images Covestro (OTCPK:CVVTF) (OTCPK:COVTY) +6.7% in Frankfurt trading on Monday after saying it has entered “concrete negotiations” with Abu Dhabi National Oil Company on a potential takeover that could value the German chemical company at ~€11.7B ($12.5B). Adnoc said it has told Covestro (OTCPK:CVVTF) (OTCPK:COVTY) itContinue Reading

Day 2 of Powell on the Hill: SA Sentiment sees rate cuts starting in September

Covestro says starting formal talks with Adnoc on potential $12.5B deal

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