New Rising Stars Are Powering Gulf’s $50 Billion Spending Spree
Oil-rich Gulf monarchies are channeling more international deals via state-backed firms instead of the region’s sovereign wealth funds,
2023-09-01 13:56
China Ramps Up Campaign to Boost Fragile Economy, Currency
China intensified efforts to stimulate the economy and support its currency, as investor concerns over the growth outlook
2023-09-01 11:55
Laurentian Bank Drops as CEO Is Silent About Strategy Review
Laurentian Bank of Canada is still conducting a strategic review that could lead to a sale, but the
2023-09-01 05:53
Fake Spare Parts Were Supplied to Fix Top-Selling Jet Engines
European aviation regulators have determined that an obscure London-based company supplied bogus parts for repairs of jet engines
2023-09-01 02:58
VIX Fear Gauge’s Only Competitor Set to Vanish From the Market
The financial market’s biggest and most prominent measure of fear could soon see its only competitor disappear. After
2023-09-01 02:25
Virtu Sues to Block Tech Executive’s Move to Rival Clear Street
Market-making firm Virtu Financial Inc. sued to block its former head of client technology from accepting a senior
2023-09-01 01:59
China Cuts Down Payment, Mortgage Rates in Stimulus Drive
China allowed large cities to cut down payments for homebuyers and encouraged lenders to lower rates on existing
2023-09-01 01:48
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:16
Klarna Shrinks Losses With Sales Growth and Cost-Cutting
Klarna Bank AB’s losses narrowed in the first half of the year as its growing customer base continued
2023-08-31 16:53
Irish fuel duty and hospitality taxes to increase
The increases, which come into effect from midnight, follow a number of temporary reductions.
2023-08-31 16:51
Seven & I Seals Deal to Sell Department Stores for $1.5 Billion
Seven & i Holdings Co. has finalized the sale of its Sogo & Seibu Co. department store chain
2023-08-31 15:53
Active ETFs Cash In on Corporate Reform in Japan
Actively managed exchange-trade funds are set to launch in Tokyo next week, with one asset manager focusing its
2023-08-31 13:25