Elon Musk is raising $5 billion in debt for xAI Corp. to fund AI infrastructure, with Morgan Stanley managing the debt sale. He is also looking for $650 million for Neuralink.
1 min read3 Jun 2025Michael Grimes will helm a new initiative brokering investments for the “America First” agenda.
3 min read24 Apr 2025Just over $15 billion worth of investment-grade bonds have been issued in April, the slowest start to the month since 2009.
2 min read15 Apr 2025India's economy is projected to expand to $4.7 trillion in 2026, making it the fourth largest in the world behind the US, China, and Germany. Morgan Stanley estimates India will overtake Germany with a growth expansion of $5.7 trillion in 2028.
3 min read13 Mar 2025Trump Tariff Tensions: Morgan Stanley believes while the direct impact of tariff hikes will likely be manageable, the indirect consequences, such as uncertainty affecting business confidence, are more concerning.
2 min read14 Feb 2025OPEC+ verdict: Morgan Stanley raised its Brent forecast for the second half of 2025 to $70 from $66-68 per barrel, while HSBC maintained its forecast at $70 per barrel for 2025 and beyond.
4 min read6 Dec 2024Internal company documents describe the bank’s weak anti-money-laundering controls and failure to complete due-diligence reviews as staff expressed alarm: ‘We need to kill this.’
16 min read26 Nov 2024Morgan Stanley traders and bankers joined the rest of their Wall Street rivals in posting better-than-expected revenue, fueling a 32% profit surge for the third quarter and sending the shares up the most in almost four years.
3 min read16 Oct 2024European stocks slipped from Friday’s record close as investors awaited manufacturing data from the region, the first reports in a week heavy with economic statistics.
1 min read2 Sep 2024Intel Corp. is working with investment bankers to help navigate the most difficult period in its 56-year history, according to people familiar with the matter.
3 min read31 Aug 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
If you’re a company, Gujarat International Finance Tec-City, or GIFT City for short, is where you want to be. At least, that's what the government wants you to believe. Even prior to launching in 2015 as a special economic zone (SEZ), some companies rushed to set up offices there. But since then, progress has been slow. Since the pandemic, companies have begun to move to Gandhinagar, as the government has increased benefits. The game-changer came in 2024, when the GIFT City exchange allowed listed companies to appear on both the Indian and foreign markets. Mint’s coverage of GIFT City stretches from its various schemes to attract MNCs, its exchange, and office spaces issues.