Washington is propping up the peso with direct buys and a $20 bln swap line. The scale of a dollar crunch and the currency’s ...
The London Stock Exchange will let investors trade private shares, giving the gray market its own rulebook. It's a bid to ...
Lenders are pushing for tough limits on electronic cash accounts, fearing their deposits might shrink. A European Central ...
The auto parts firm’s road to failure passed through $12 bln of liabilities, giants like Jefferies and UBS, and a crafty short by Apollo. Underlying it is the murky world of trading IOUs, where ...
Investor T. Rowe opposes the software firm’s $12 bln sale to Thoma Bravo. Buyout barons are eyeing valuations tanked by high ...
Tech titans like Jeff Bezos argue the long-term benefits to society from artificial intelligence outweigh the losses ...
A market rally has seen the implied return that shareholders require of JPMorgan and others fall well below a 10% rule of ...
The $264 bln Ozempic maker bought Akero Therapeutics for $5 bln. CEO Mike Doustdar gets a promising treatment for liver ...
CEO Georges Elhedery says its $14 bln bid for the 37% of Hang Seng Bank it doesn't own is smart capital use. But it's hard to ...
An overdue Gaza ceasefire should halt the country’s two-year war with Hamas. It could also prevent the cracks in Israel’s ...
Lenders like Elliott and Apollo proposed injecting $4 bln into the ailing utility alongside a 25% debt writeoff. In return, they want softer regulatory targets, likely meaning fewer fines. The plan ...
Masayoshi Son is buying ABB’s industrial robotics unit for $5 bln. It's profitable, yet SoftBank is paying up for a business ...