A new, legally safer set of global levies goes up to 12.5% on most US goods imports. This should make for steadier terms of trade, but bakes in nasty price hikes. Irate voters are clear: they ...
Boss Peter Orszag is on track to deliver a promised $5 bln in revenue and a 10% annual return by 2030. By most gauges, ...
CD&R bought Morrisons for a $13 bln enterprise value almost five years ago, making it time to think about an exit. Floating the debt-laden, low-growth supermarket is a nonstarter. Selling to a ...
The €37 bln carmaker said sales may fall up to 3% amid a slump in China. That may help win union backing for 100,000 job ...
New Chair Kevin Warsh has called time on steering investors about future policy as part of an effort to make the US central bank more cryptic. The drawbacks of excessive transparency are real.
The $852 bln AI firm's agent bypassed safeguards and compromised a peer to finish a task. The scare will fuel calls for tougher cyber defenses and regulation. Rapid advances and volatile financial ...
The €123 bln bank run by Andrea Orcel scrapped a buyback after taking a chunk of Commerzbank and hinted it may mount a board coup. Yet the benefits of that stake are bigger and coming sooner.
Brent crude rose to $98 a barrel on fears of Houthi tanker attacks. Prices had stayed contained thanks to weaker demand, pipelines swerving the Strait of Hormuz and shrinking global stocks. Red Sea ...
The Google parent’s cloud business is booming in the chatbot era, as $25 bln in quarterly sales and a 36% operating margin trounce forecasts. Yet cooling search growth shows that its crown jewel ...
Shemara Wikramanayake is retiring from the job after eight years with the $70 bln bank's stock near a record high. She ...
Airbus and Boeing touted fresh orders at the biennial Farnborough Airshow, and are upping deliveries of new jets.
The $268 bln KitKat maker's India arm posted a 48% profit jump in the first quarter, fuelled by instant noodles and Nescafe. Its market share is expanding in rural India too. But CEO Manish ...
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