Today: September 20, 2024
Today: September 20, 2024

Finance

Asia|Economy|Finance

Japan's leading PM candidate Koizumi promises snap election

Japan's former environment minister and leading prime ministerial candidate, Shinjiro Koizumi, said on Friday he would call a snap election "at

Japan's leading PM candidate Koizumi promises snap election
Business|Economy|Finance

Global stock index, Treasury yields fall after mixed US jobs report

MSCI's global equities gauge fell more than 1% on Friday and U.S.

Global stock index, Treasury yields fall after mixed US jobs report
Asia|Business|Finance

China creates $230 billion brokerage powerhouse as sector consolidates

The merger of two state-backed brokerages in China to create a sector leader with $230 billion in assets is part of Beijing's drive to

China creates $230 billion brokerage powerhouse as sector consolidates
Business|Finance

Japan's Seven & i rejects Couche-Tard's $38.5 billion takeover offer

Japanese retail giant Seven & i Holdings said on Friday it had turned down Canada's Alimentation Couche-Tard's $38.5 billion cash bid,

Japan's Seven & i rejects Couche-Tard's $38.5 billion takeover offer
Business|Economy|Finance

Oil settles down 2%, big weekly drop after US jobs data

Oil prices settled 2% lower on Friday, with a big weekly loss after data U.S. jobs data was weaker than expected in August, which outweighed price support from a

Oil settles down 2%, big weekly drop after US jobs data
Business|Economy|Finance

Dollar rises after August US payrolls report paints mixed picture

The dollar rose in volatile trading on Friday after data showed U.S. employment grew less than expected in August, but indicated only a steady slowdown in the

Dollar rises after August US payrolls report paints mixed picture
Business|Economy|Europe|Finance

Britain needs extra $1.3 trillion investment for economic growth, report says

Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, a report said on Friday.

Britain needs extra $1.3 trillion investment for economic growth, report says
Business|Economy|Election|Finance|News|Political

What new proposals did Trump make during his economic speech?

Republican presidential candidate Donald Trump laid out his economic vision for the country on Thursday during a speech at the New York Economic

What new proposals did Trump make during his economic speech?
Asia|Business|Finance

Nervy end to volatile week, yen eyes breakthrough

A look at the day ahead in Asian markets.

Nervy end to volatile week, yen eyes breakthrough
Business|Finance|Technology

Salesforce to buy data protection provider Own Company for $1.9 billion

Salesforce said on Thursday it would buy Own Company, a provider of data protection and management solutions, for $1.9 billion in cash to accelerate growth of its data security and privacy

Salesforce to buy data protection provider Own Company for $1.9 billion
Business|Finance|Food

Red Lobster receives court approval for sale to Fortress

Restaurant chain Red Lobster on Thursday received court approval for a restructuring that will allow the company to emerge from bankruptcy under the ownership

Red Lobster receives court approval for sale to Fortress
Business|Finance

Texas gas plant proposal rejected from state financing program

Texas energy regulators have denied public funding requests for a proposed power plant days after naming the project as a finalist for a new state program aimed at building out

Texas gas plant proposal rejected from state financing program
Business|Economy|Finance

US fears Nippon bid for US Steel could hit vital steel supplies

Nippon Steel's proposed $14.9 billion takeover of U.S.

US fears Nippon bid for US Steel could hit vital steel supplies
Business|Finance|Stock Markets

BofA accused by whistleblower of sharing nonpublic information, WSJ reports

A whistleblower complaint has alleged that Bank of America shared nonpublic information with some investors before it sold roughly $200 million worth of stock for some clients in India, the

BofA accused by whistleblower of sharing nonpublic information, WSJ reports
Economy|Finance

Brazil's central government budget deficit reaches $1.66 billion in July

Brazil's central government posted a primary budget deficit that came in higher than expected, official data showed on Thursday, even after a strong expansion in public revenues.

Brazil's central government budget deficit reaches $1.66 billion in July
Business|Finance|Food

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale
Business|Economy|Finance

Fed seeks feedback on emergency lending operations

The Federal Reserve said on Thursday it was seeking feedback on how it operates its "discount window," which is intended to provide emergency lending to banks

Fed seeks feedback on emergency lending operations
Americas|Economy|Finance|Stock Markets

Mexico bank regulator approves details of stock market reform

The board of Mexican bank regulator CNBV on Thursday approved the terms of a stock market reform passed last year, Deputy Finance Minister Gabriel Yorio, who spearheaded the

Mexico bank regulator approves details of stock market reform
Election|Finance

Harris campaign raises $300 million in August, NBC reports

Democrat Kamala Harris' campaign for U.S. president raised more than $300 million in the month of August, more than twice as much as her Republican opponent Donald Trump raised during the

Harris campaign raises $300 million in August, NBC reports
Business|Europe|Finance

Ex-UK trader loses lawsuit against Deutsche Bank over bonus dispute

A former Deutsche Bank trader on Thursday lost her London lawsuit against the bank for just over 2.6 million pounds ($3.4 million) after she was not paid an individual bonus nearly

Ex-UK trader loses lawsuit against Deutsche Bank over bonus dispute
Business|Finance

Stellantis to invest $385 million in Argentine plant

Automaker Stellantis will invest $385 million in its plant in the province of Cordoba, Argentina, between 2025 and 2030, the firm's South America head Emanuele Cappellano said on

Stellantis to invest $385 million in Argentine plant
Business|Entertainment|Finance

Paramount's Redstone to reap $180 million in severance, benefits, Bloomberg News reports

Paramount Global's chair, Shari Redstone, will receive $180 million in severance and other benefits on top of millions from the sale of her stock in National Amusements to Skydance Media,

Paramount's Redstone to reap $180 million in severance, benefits, Bloomberg News reports
Business|Finance

JPMorgan names new co-heads of mid-cap M&A unit

JPMorgan Chase has named Andrew Castaldo and Andrew Martin as co-heads of mid-cap mergers and acquisitions unit, housed within its commercial and investment bank, according to an internal

JPMorgan names new co-heads of mid-cap M&A unit
Business|Finance|Technology

Vista and Blackstone in talks to acquire software maker Smartsheet, sources say

A private equity consortium including Vista Equity Partners and Blackstone is in talks to acquire Smartsheet, a U.S. maker of workplace collaboration software with

Vista and Blackstone in talks to acquire software maker Smartsheet, sources say
Business|Economy|Finance

Egypt's central bank leaves overnight interest rates steady

Egypt's central bank as expected left its overnight interest rates on hold on Thursday, saying inflation pressures had subsided but that economic growth had softened.

Egypt's central bank leaves overnight interest rates steady

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