Market Bizzz

The dollar made a gain of 0.7% on the euro last week, inched ahead on the yen and surged by more than 1% on the Antipodean currencies as U.S. Treasury yields leapt in anticipation of interest rates staying higher for longer.

According to the exchange filing, the company will launch seven such series with tenure of 24 months for Series I & II; 33 months for Series III & IV; 50 months for Series V & VI and 60 months for Series VI & VII.

Global investors are also wary of the effects of China’s weakening economy, which has added to worries about inflation and high interest rates in Europe and the United States. On Friday, European stocks mostly fell and the S&P 500 was flat. The U.S. benchmark index is on track to record its third consecutive weekly decline.

“The company is not engaged in talks with TAQA for their investment in the company,” Adani Energy Solutions said in an exchange notification on Friday.

London-based VRL, the parent of Indian operating company Vedanta, needs $1.3 billion in FY24 and $4.3 billion in FY25.

According to a BSE circular, the stock will trade in the trade-for-trade segment for the first 10 trading sessions. In the trade-for-trade segment, shares cannot be bought and sold on the same day.

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

Buffett still owns 218,237 Class A shares of Berkshire, for an approximately 15% stake in the Omaha, Nebraska-based conglomerate he has run since 1965.