The S&P 500 retreated from record highs on Friday, dragged down by losses in AI-related stocks like Dell and Nvidia, as investors analyzed inflation data reflecting the impact of tariffs. Alibaba’s U.S. shares surged following a strong cloud computing report.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of