The nation’s top judges sound hostile to the White House’s seizure of legislators’ trade powers. If levies are nixed, lawmakers pinched between $200 bln of lost revenue and their inability to govern ...
A spike in overnight secured funding costs probably has more to do with a temporary cash buildup at the Treasury than broader ...
The drugmaker upped its bid for Metsera to $10 bln to fend off Pfizer. Its expertise in weight loss jabs means it could launch treatments more quickly, helping the deal maths. The risk is that US ...
Zohran Mamdani is unlikely to trigger rampant socialism, high taxes or mass exodus, despite ranting from the 1%. The ...
The world’s top wind turbine maker’s stock jumped 14% on onshore project profitability. Despite US hostility, AI-driven power ...
Just as fears over ending Britain’s non-domiciled tax status look overblown, a 20% ‘settling-up charge’ for wealthy leavers wouldn’t be catastrophic either. A bigger issue is that UK finance minister ...
Listed vehicles run by non-bank lenders trade at a hefty 11% dividend yield, yet also well below the value of their assets.
A sense of relief permeated Hong Kong’s annual gathering of Global Financial Leaders this week as a truce in the Sino-American trade war and a rebound in Chinese equities set a relaxed tone for ...
The Japanese automaker expects a $2 bln full-year operating loss. One problem is weak sales in China. Now it wants to copy rivals there by exporting its excess capacity. CEO Ivan Espinosa can leverage ...
The $40 bln dining empire may slice off the slumping cheese and tomato pie chain to focus on KFC and Taco Bell. Its 20,000 franchises are probably worth only about $3 bln, but investing to upgrade ...
Associated British Foods may break off its fashion business from its unit that makes tea bags and sugar. A split makes sense, ...
The US private capital group is paying $6 bln for half of the Danish group's big UK renewables project. Orsted gets cash to help avert a credit downgrade. But Apollo’s right to 70% of the wind farm's ...
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