IBT Staff Reporter

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Bridgewater Bets $6.7 Billion Against European Stocks

Bridgewater Associates has placed at least $6.7 billion in bets against European stocks, according to data group Breakout Point, in a sign that the hedge fund firm may be pessimistic about companies on the continent.

U.S. Pressures Iran By Targeting Chinese, UAE Companies

The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran's petrochemicals, a step that may raise pressure on Tehran to revive the 2015 Iran nuclear deal.

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