Anglo to sell Australian coal mines to Peabody for up to $3.78 billion
Anglo American agreed on Monday to sell its remaining Australian steelmaking coal mines to Peabody Energy for up to $3.78 billion in
November 25, 2024Anglo American agreed on Monday to sell its remaining Australian steelmaking coal mines to Peabody Energy for up to $3.78 billion in
November 25, 2024A look at the day ahead in European and global markets from Wayne Cole Asia has been dominated by the market reaction to the choice of fund manager Scott Bessent as incoming U.S.
November 25, 2024Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM, which CEO Andrea
November 25, 2024Oil prices fell more than $2 a barrel on Monday after multiple reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict,
November 25, 2024MSCI's global equities gauge rose and U.S. government bonds rallied while the dollar fell on Monday as investors welcomed the incoming U.S
November 25, 2024The dollar backpedaled from two-year highs on Monday, while U.S.
November 25, 2024Australia's banking regulator on Monday said it would retain a 3% serviceability buffer for home loan lending because of high household debt, persistent cost-of-living pressures, a
November 24, 2024Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain's
November 23, 2024Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock
November 23, 2024The founding family of Japan's Seven & i Holdings has approached KKR & Co and other investment firms about participating in the potential buyout of the retailer, the Nikkei newspaper
November 23, 2024Three Bank of America investment bankers in India have left the company as it probes allegations of wrongdoing over stock sales, a source familiar with the matter said.
November 22, 2024Artificial intelligence cloud platform CoreWeave, is aiming for a valuation of more than $35 billion in its U.S. initial public offering that is expected to occur
November 22, 2024As a money manager, Scott Bessent's years of inconsistent performance have contributed to a nearly 90% decline in his hedge fund's
November 22, 2024Netflix shares were on track for a fifth consecutive gain on Friday and set for their biggest weekly percentage rise since January, after the streaming
November 22, 2024Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars,
November 22, 2024Mexico's main stock exchange on Friday reinstated a trading suspension on retailer Elektra before shares changed hands, with Elektra warning that any trading would harm its
November 22, 2024Wall Street closed higher on Friday, with all three major indexes posting weekly gains, as investors took comfort from data pointing to robust
November 22, 2024Gap shares soared 16% on Friday, as a return to growth across all four brands after nearly two years encouraged the apparel retailer to lift its annual sales
November 22, 2024Inflows into global equity funds slowed in the week ending Nov. 20 due to geopolitical tensions between Russia and the West, with investors also anxious about the U.S. interest rate policy
November 22, 2024Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery
November 22, 2024European real estate stocks surged, propelling the benchmark index to a one-week high on Friday, while easing of
November 22, 2024Bitcoin touched a record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the
November 22, 2024Investors will have to buy a record amount of euro zone government bonds for a third straight year in 2025 and without the ECB in the market, potentially adding
November 22, 2024A look at the day ahead in European and global markets from Ankur Banerjee A series of manufacturing data will likely dominate markets' attention on Friday, with the euro rooted near its lowest in
November 22, 2024S&P Global Ratings lowered its outlook on three Adani Group entities to 'negative' from 'stable' on Friday, citing risks to funding access following a U.S. indictment of the conglomerate's
November 22, 2024Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average
November 22, 2024Adani Group companies' shares fell for a second straight day on Friday after U.S. prosecutors charged the Indian conglomerate's billionaire chairman in an alleged bribery and fraud scheme.
November 22, 2024Consumer inflation in Tokyo for November likely surpassed the Bank of Japan's 2% price target following a reduction in fuel subsidies and with an increase in food costs, a Reuters
November 22, 2024The euro slumped to a two-year low while the dollar gained on Friday after gauges of business activity were released in each region, while bitcoin again hit a
November 22, 2024U.S. stocks are extending their lead over global peers and some investors believe that dominance could grow if President-elect Donald Trump can implement his
November 22, 2024Gap Inc raised its annual sales forecast on Thursday and said the holiday season was off to a "strong start", sending the Old Navy parent's shares up 15% in extended
November 21, 2024Private equity-owned Medline Industries is aiming to raise more than $5 billion in its U.S. initial public offering expected to occur in 2025, people familiar with the
November 21, 2024Russia's central bank on Thursday said it planned to set a surcharge for banks when issuing new loans to large firms with a high debt burden, as the regulator looks to limit credit
November 21, 2024U.S. existing home sales rebounded sharply in October, posting the first annual gain since mid-2021, as buyers rushed into the market to take advantage of a brief decline in
November 21, 2024The Bank of Israel is expected to hold the line on short-term interest for a seventh straight policy meeting next week, with a stabilisation in inflation
November 21, 2024Snowflake's shares surged more than 28% on Thursday after the data analytics provider raised its annual product revenue forecast, signaling growing demand for cloud-based data storage and
November 21, 2024Elf Beauty said on Thursday allegations by short-seller Muddy Waters about the beauty company overstating its revenue and inventory numbers were "without merit".
November 21, 2024South Africa's central bank opted for another small cut to its main interest rate on Thursday, stressing a tough global
November 21, 2024Global economic output would suffer a "sizeable" loss if trade became more fragmented and an immediate boost to inflation would only fade over a few years, the European
November 21, 2024Turkey's central bank held its policy rate steady at 50% on Thursday, as expected, and said it remained attentive to inflation risks, while
November 21, 2024A look at the day ahead in U.S. and global markets from Mike Dolan There's not too much to worry about at the world's most valuable company - or the artificial intelligence theme - but just conceding
November 21, 2024Deere & Co forecast its 2025 profit below market expectations but reported an upbeat quarterly earnings on Thursday, as lower production costs helped
November 21, 2024Wall Street's main indexes closed higher after choppy trading on Thursday, with the blue-chip Dow and the S&P 500 hitting one-week tops.
November 21, 2024Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for the first time, the company
November 21, 2024Europe's main stock index edged up on Thursday, buoyed by a rally in energy and tech stocks that ended its longest losing streak in more
November 21, 2024By Krishna N.
November 21, 2024U.S. hedge funds raised their investments in U.S.-listed Chinese firms in the third quarter, with e-commerce retailer JD.com and data centre operator GDS Holdings
November 21, 2024Volkswagen's union said it was gearing up for strikes across German factories from Dec. 1 after talks over wages and
November 21, 2024A look at the day ahead in European and global markets from Ankur Banerjee The prospect of slowing sales growth at AI juggernaut Nvidia and simmering worries over geopolitical tensions are keeping
November 21, 2024U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected
November 21, 2024GQG Partners, which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the
November 21, 2024Adani Group companies lost about $27 billion in market value on Thursday after U.S. prosecutors charged the Indian conglomerate's
November 21, 2024An index of global stock markets edged higher in choppy trading on Thursday as investors digested lackluster revenue forecasts from artificial-
November 21, 2024Bitcoin came within a whisker of closing above $100,000 for the first time on Thursday as the election of
November 21, 2024Bain-backed Kioxia will have a market value of about 750 billion yen ($4.84 billion) based on the indicative price for its initial public offering,
November 21, 2024Dollar bond prices for Adani companies fell sharply in early Asia trade on Thursday after the Indian conglomerate's billionaire chairman was indicted in New York over allegations
November 21, 2024The founder of Archegos Capital Management, a hedge fund, has been sentenced to 18 years in prison for his conviction in a securities and market manipulation fraud that prosecutors say cost global investment banks billions of dollars
November 20, 2024Data analytics provider Snowflake on Wednesday raised its annual product revenue forecast and said it has teamed up with AI firm Anthropic to build up its cloud services, sending its shares
November 20, 2024Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge fund's chief executive Carson Block said at the Sohn conference in London on
November 20, 2024Goldman Sachs CEO David Solomon expects capital markets to be more robust in 2025, he said in an interview with CNBC on Wednesday, joining a wave of positive forecasts as inflation eases
November 20, 2024Ford to cut 4,000 jobs in Europe
November 20, 2024Online brokerage Firstrade plans to launch overnight trading in early 2025, the latest firm looking to offer retail clients the chance to trade US stocks and exchange-
November 20, 2024Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric vehicle demand
November 20, 2024Japan's Seven & i Holdings received a buyout proposal from a member of its founding Ito family last week, a potential $58 billion white-knight bid which
November 20, 2024Kenya has secured a $200 million loan from the African Development Bank and is in talks with the World Bank for a new $750 million loan, the finance ministry's head
November 20, 2024Canada's main stock index inched higher on Wednesday as gains for energy shares offset investor reluctance to make big bets ahead of the release after the close of an
November 20, 2024Delta Air Lines said on Wednesday it expects 2025 revenue to grow by a mid single-digit percentage as it strengthens its bet on premium travel, a major revenue driver for the carrier.
November 20, 2024Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for low-priced essentials at rival retailers
November 20, 2024The tech-heavy Nasdaq closed lower on Wednesday, taking a break from the prior session's rally as investors worried about escalating Russia-Ukraine tensions and weak
November 20, 2024A look at the day ahead in U.S. and global markets from Mike Dolan Tuesday's geopolitical angst faded fast in world markets as positioning ahead of today's results from AI-giant Nvidia saw Big Tech
November 20, 2024Former billionaire investor Sung Kook "Bill" Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital
November 20, 2024The European Central Bank warned on Wednesday about a "bubble" in stocks related to artificial intelligence (AI), which could burst abruptly if investors' rosy expectations are
November 20, 2024Europe's main stock index closed flat after a volatile session on Wednesday as investors remained on edge over geopolitical
November 20, 2024Speculative fever in Chinese stocks is running red hot and catching the attention of some global funds, who figure local money is worth
November 20, 2024Computer chip maker STMicroelectronics pushed back its long-term financial targets on Wednesday, saying its future remains bright but a downturn in its
November 20, 2024A look at the day ahead in European and global markets from Stella Qiu Trading was subdued in Asia with everyone waiting for the earnings results of AI darling Nvidia, the world's most valuable
November 20, 2024Major Chinese fund companies announced a big reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the
November 20, 2024The Bank of Japan is laying the groundwork to raise interest rates again, but has left markets guessing how soon and at what pace it could push up still-low borrowing
November 20, 2024The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve's
November 20, 2024Global shares edged lower on Wednesday as markets weighed tensions between Russia and the West, while bitcoin hit a new record high and
November 20, 2024Alibaba has raised $5 billion in a dual-currency bond, China's biggest e-commerce company said on Wednesday, marking the largest deal of its kind in the Asia-Pacific this
November 20, 2024Funding for the proposed buyout of Japan's Seven & i Holdings by its founding family will be finalised by the end of December and will involve Japan's
November 20, 2024Japanese media powerhouse Kadokawa said on Wednesday it had received a letter of intent to buy its shares, a day after a Reuters report that Sony was in talks to acquire
November 20, 2024U.S.-listed shares of Nokia jumped around 5% in extended trading on Tuesday after T-Mobile said it has no plans to stop working with the Finnish company in a response to an analyst report
November 19, 2024A federal judge on Tuesday rejected Pfizer's bid to recoup about $75.2 million left over from a U.S.
November 19, 2024President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary
November 19, 2024President-elect Donald Trump has tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump has promised to dismantle
November 19, 2024Stocks shrug off concerns about heightened US-Russia tensions
November 19, 2024Even bulls now admit that U.S. stocks and credit are expensive.
November 19, 2024The Swedish government does not plan to take a stake in lithium-ion battery maker Northvolt, Deputy Prime Minister Ebba Busch told Reuters on Tuesday as the company continues to
November 19, 2024Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock deal for about $300 million, the companies said on Tuesday.
November 19, 2024Medtronic lifted the lower end of its annual profit forecast for a second time on Tuesday, banking on sustained demand for its medical devices in the United
November 19, 2024The Bank of England will keep Bank Rate on hold in December as global inflation worries resurface, according to a Reuters poll of economists who were split
November 19, 2024The Nasdaq rose more than 1% and S&P 500 also ended higher on Tuesday, led by a jump in technology shares as investors eagerly awaited results this week
November 19, 2024Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday, banking on a boost to its current-quarter sales from hurricane-related demand,
November 19, 2024Options traders are primed for a nearly $300-billion swing in Nvidia's market value following the chipmaker's quarterly results on Wednesday, U.S. options
November 19, 2024The founding Ito family behind Japanese retailer Seven & i aims to raise more than 8 trillion yen ($52 billion) to take it private by the end of this financial year, Japanese public
November 19, 2024Chinese electric vehicle maker Xpeng said mass production of its Turing self-designed artificial intelligence chip was progressing well, dismissing concerns it could be hit by new U.S.
November 19, 2024Europe's main stock index touched its lowest level in three months on Tuesday, as escalating geopolitical tensions, fuelled
November 19, 2024More UK fund managers say they've paid higher costs in 2024 to protect their investment portfolios against fluctuations in currency markets, according to survey
November 19, 2024Nvidia helped pull U.S. stock indexes higher after they stumbled in the morning on worries about escalations in the Russia-Ukraine war
November 19, 2024Goldman Sachs has forecast the S&P 500 index would reach 6,500 by the end of 2025, joining peer Morgan Stanley, on the back of continued growth in the U.S. economy and
November 19, 2024A look at the day ahead in European and global markets from Kevin Buckland Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the
November 19, 2024Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise
November 19, 2024Emerging Asian stock markets rallied on Tuesday, with Bangkok and Manila trading higher on expectations of rate cuts in the near future, while Singapore stocks hit a 17-year
November 19, 2024Australia's Sayona Mining will buy U.S.-based Piedmont Lithium in an all-stock deal that will consolidate its Canadian operations and
November 19, 2024Goldman Sachs Chairman David Solomon said on Tuesday there will be more robust levels of both capital raising and M&A in 2025 with the new U.S. administration.
November 19, 2024Global stocks rose in choppy trading on Tuesday as markets waited for President-elect Donald Trump to make more appointments to his
November 19, 2024Oil prices were broadly unchanged on Tuesday as signs of escalation of the Russia-Ukraine war kept investors cautious of supply disruptions, but the partial restart
November 19, 2024Beijing told top Wall Street executives on Tuesday that it will move ahead with capital market reforms and in the opening up of its financial sector for
November 19, 2024The dollar index rose on Tuesday, after an initial boost to safe-haven currencies such as the greenback, Swiss franc and yen prompted by an announcement by
November 19, 2024Alibaba Group has delivered investors initial price guidance on its $5 billion dual currency bond, according to a term sheet reviewed by Reuters on Tuesday.
November 19, 2024Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules, sending its
November 18, 2024The Securities and Exchange Commission has charged Bit Mining with violating the Foreign Corrupt Practices Act in connection with bribery scheme to influence members of Japanese
November 18, 2024Global grain trader Archer-Daniels-Midland reported lower third-quarter profits on Monday due to weakness in its grain business, an announcement delayed by the need to correct
November 18, 2024Morgan Stanley has increased its 12-month base case price target on the S&P 500 to 6,500, the firm's equity strategist Michael Wilson and other strategists wrote in a note on
November 18, 2024No-frills air travel pioneer Spirit Airlines filed for bankruptcy protection on Monday, after struggling with a long run of quarterly losses, failed merger attempt and upcoming debt
November 18, 2024CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant
November 18, 2024Walmart shares are set for their best yearly gains in over two decades as the retail behemoth's low prices for everyday essentials give it an edge over competitors
November 18, 2024UK's FTSE 100 closed higher on Monday, with conglomerate Melrose topping the index following an upbeat trading update, while domestically-focussed midcaps closed lower as caution prevailed
November 18, 2024CVS Health added Glenview Capital's top boss and three others to its board in a deal with the hedge fund, a month after the healthcare conglomerate tasked a new CEO with its
November 18, 2024A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street feels a little bruised after its worst week in 10 spoiled the post-election party, with home truths on interest rates and
November 18, 2024The Nasdaq and S&P 500 closed higher on Monday, recovering some losses as investors anticipate quarterly earnings from AI leader Nvidia, and Tesla jumped on the
November 18, 2024Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters, but as analysts expect a slower pace of growth, how the company overcomes delays and
November 18, 2024Investors who have been rewarded for
November 18, 2024A look at the day ahead in European and global markets from Wayne Cole.
November 18, 2024A U.S. stock rally fueled by Donald Trump’s election victory is stumbling, as investors contend with everything from renewed inflation worries to uncertainty
November 18, 2024Global shares rose on Monday while the U.S. dollar fell but still traded near one-year highs as traders pared expectations of future
November 18, 2024China's biggest e-commerce company Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, according to two sources with
November 18, 2024The dollar rose against the yen on Monday to resume its recent ascent after Japan's top central bank official signaled further monetary policy tightening was
November 17, 2024A look at the day ahead in Asian markets.
November 17, 2024Most Gulf stock markets fell on Sunday after U.S economic data and comments from Federal Reserve officials pointed to a slower pace of interest-rate cuts.
November 17, 2024Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a market manipulation scheme that wiped out his $36 billion
November 16, 2024Ratings agency S&P revised South Africa's outlook to "positive" from "stable" on Friday, citing plans for accelerated economic reforms by the new government of national unity and a pickup
November 15, 2024Trump Media & Technology Group's key shareholder, ARC Global Investments, has unloaded nearly all its stake in the media company, it said in a regulatory filing on Thursday.
November 15, 2024Elon Musk's political ascendancy has some Wall Street banks hoping they may soon be able to offload $13 billion of debt that backed the billionaire's
November 15, 2024Shares of defense companies and government contractors were lower on Friday, extending recent losses amid uncertainty surrounding President-elect Donald Trump's proposed
November 15, 2024Nvidia Corp's results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to the technology sector and
November 15, 2024Compass Minerals is in talks with private-equity firms to sell itself, three sources familiar with the matter said, after an aborted lithium-mining
November 15, 2024Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big names such as 3M, General
November 15, 2024Shares in Palantir Technologies Inc were up more than 6% on Friday, hitting a record high, after it announced late on Thursday that it would list on the Nasdaq and expects
November 15, 2024Russia's leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and core
November 15, 2024Bitcoin broke through the $90,000 level on Wednesday, to an all-time high in a rally showing no signs of easing on expectations that Donald Trump as U.S.
November 15, 2024Alibaba Group Holding missed analysts' estimates for second-quarter sales on Friday, as persistent economic uncertainty sapped consumer spending in
November 15, 2024The main UK stock indexes slipped on Friday, with losses in AstraZeneca and GSK weighing on the blue-chip FTSE 100, while data showed Britain's economy contracted unexpectedly in September.
November 15, 2024Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, on concerns
November 15, 2024Private equity firm KKR has raised its tender offer price for Fuji Soft by 7% to 9,451 yen ($60.86) a share, the Japanese software developer said on Friday, narrowly surpassing a
November 15, 2024Global equity funds saw the largest weekly net purchases in over a decade in the week to Nov. 13, driven by investor optimism that a decisive second-term mandate for Donald Trump would
November 15, 2024Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, after shares plunged to more than four-year
November 15, 2024Chip behemoth Nvidia is reporting quarterly results and global PMI data is rolling in as markets continue to digest the fallout from Donald Trump's U.S. presidential election win, with
November 15, 2024Europen shares slipped on Friday, weighed down by disappointing earnings, concerns about the impact of U.S.
November 15, 2024Shares of major U.S. drugmakers fell on Friday after President-elect Donald Trump picked anti-vaccine activist Robert F.
November 15, 2024Options players are piling in to riskier bets across the U.S. stock market, supporting a rally that has come on the back of fading election worries and
November 15, 2024A look at the day ahead in European and global markets from Stella Qiu Asian shares ended a brutal week on a steadier note helped by Chinese consumers pushing retail sales beyond forecasts after a
November 15, 2024China's factory output growth slowed in October and it was still too early to call a turn in the crisis-hit property sector even though
November 15, 2024Nissan Motor shares jumped as much as 6% in early Tokyo trading on Friday after Japan's Diamond Online magazine reported that activist investor Oasis Management had taken a stake in
November 15, 2024Bristol Myers Squibb was hit on Thursday with a $6.7 billion lawsuit claiming it cheated former Celgene shareholders by delaying federal approval for three drugs, 1-1/2 months
November 14, 2024Three prominent investment firms bet changes are in the offing at ailing healthcare giant CVS Health and added to existing bets and established a new
November 14, 2024Norfolk Southern says it has a deal with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign to take control of the railroad
November 14, 2024Australian grocers Woolworths and Coles said on Friday they would defend class action proceedings commenced by a law firm in federal court over alleged misleading
November 14, 2024Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate
November 14, 2024Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese self-driving firm moves ahead with its
November 14, 2024Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next
November 14, 2024A Republican sweep in the U.S. elections puts rating agency Morningstar DBRS “more on alert” regarding the country’s fiscal accounts, managing director for global sovereign ratings
November 14, 2024Tapestry abandoned its $8.5 billion bid for Michael Kors owner Capri after a judge blocked it following a lawsuit by the U.S.
November 14, 2024Nigeria plans 47 trillion naira ($28.18 billion) spending for its 2025 budget, using an assumption of an oil price of $75 per barrel and target production of 2 million barrels per day
November 14, 2024Railroad operator Norfolk Southern agreed to add an independent member to its board as it settled a long-drawn battle with activist investor Ancora Holdings over the company's governance.
November 14, 2024Hilton Worldwide said on Thursday it had authorized the repurchase of an additional $3.5 billion worth of common stock under the hotel giant's existing repurchase program.
November 14, 2024The Brazilian government must cut spending "to the bone" and there is an urgency to announce a much anticipated fiscal package, outgoing central bank chief Roberto Campos Neto
November 14, 2024UK stocks rose on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround plan, while investors awaited speeches from finance
November 14, 2024Canada's main stock index extended its record-setting run on Thursday as gains for energy shares offset a pullback in technology stocks and investors weighed recent declines
November 14, 2024Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate
November 14, 2024A look at the day ahead in U.S. and global markets by Amanda Cooper.
November 14, 2024Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase of a 20% stake at a valuation
November 14, 2024