How Europe’s Rearmament Could Boost Defense Stocks

By Aditya Kalra NEW DELHI (Reuters) – Samsung (KS:), Xiaomi (OTC:) and other smartphone companies colluded with Amazon (NASDAQ:) and Walmart (NYSE:)’s Flipkart to exclusively launch products on the e-commerce firms’ Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust investigations conducted by the Competition Commission of India (CCI)…

Alibaba Group Holding Ltd. reported mixed results for its September quarter, highlighting both opportunities and challenges within China’s e-commerce sector. Net income surged 58% year-over-year to 43.9 billion yuan ($6.07 billion), significantly outperforming the LSEG consensus of 25.83 billion yuan. The robust profit growth stemmed from gains in equity investments, lower impairment losses, and stronger…

Investing.com– Chinese stocks are likely to experience increased volatility in the coming days as investors digest the government’s recent round of stimulus, UBS analysts said, while flagging potential risks from a disappointing stimulus package.  China’s and indexes clocked wild swings in recent sessions after the government announced plans to unlock more fiscal stimulus for the…

‘One thing I like about Argentina. They cook with salt. That’s it.’ —Robert Duvall Well, you never know, do you? Recall that the Argentines introduced a “century bond’ in 2017. At the time, we were not alone in considering it the ‘dumbest investment in the world.’ Who would lend the Argentines money for 100 years,…