Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S.
January 13, 2025
Cryptocurrency firm Tether plans to move its headquarters to El Salvador, its chief executive said, as the founders of the world's biggest stablecoin look to
January 13, 2025
The London Metal Exchange (LME) has now fully recovered from its near-death nickel crisis in 2022, with trading activity last year the strongest since 2015 and the
January 13, 2025
Florida Gov. Ron DeSantis is calling state lawmakers into a special session to help carry out President-elect Donald Trump’s promises for a swift crackdown on immigration
January 13, 2025
JPMorgan Chase and Bank of America are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple with one of the most destructive
January 13, 2025
Despite failing to deliver his promise for broad student loan forgiveness, President Joe Biden has now overseen the cancellation of student loans for more than 5 million Americans — more than any other president in U.S. history
January 13, 2025
The owners of Crumbl are exploring a sale that could value the popular cookie chain at nearly $2 billion, including debt, according to people familiar with
January 13, 2025
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday
January 13, 2025
The property services arm of Chinese builder Country Garden is expecting a drop of up to 1.10 billion yuan ($150.03 million) in annual earnings as its sanitation business plans to record
January 13, 2025
By Michael S.
January 13, 2025
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions
January 13, 2025
Policygenius shares insights from its 2024 Financial Planning Survey about the differences in where Americans turn when they need money advice.
January 13, 2025
Britain's finance minister Rachel Reeves and Prime Minister Keir Starmer are seeking to stem a market slump, but for now what happens next to rising government
January 13, 2025
U.S.-based investment fund Mason Capital said on Monday it had sent a letter to Spain's stock market regulator CNMV demanding more transparency from the embattled pharmaceutical
January 13, 2025
T-Mobile US said on Monday it has agreed to acquire Vistar Media, a real-time outdoor advertising technology provider, for about $600 million, in an all-cash deal.
January 13, 2025
Nvidia's top customers are delaying orders of the AI chip leader's latest 'Blackwell' racks due to overheating issues, the Information reported on Monday.
January 13, 2025
Issues with Pratt & Whitney RTX engines that have grounded some Wizz Air planes could last four or five years, the low cost carrier's chief executive said on Monday.
January 13, 2025
The Russian central bank has sought to dismiss rumours about a possible freezing of retail deposits, which have seen explosive growth in recent months due to rising interest rates
January 13, 2025
Apple's new fees for app developers have come under fresh scrutiny from the European Union's antitrust regulators on concerns it could inflate costs for software makers, Bloomberg news
January 13, 2025
Ukrainian President Volodymyr Zelenskiy told Slovak Prime Minister Robert Fico to visit Ukraine's capital Kyiv this Friday, responding to his offer of talks to try to resolve a spat over
January 13, 2025
Argentina's monthly inflation likely rose 2.7% last month, an acceleration from the 2.4% reading in November, according to the median expectations of analysts
January 13, 2025
Investors in Argentina are betting on a potential interest rate cut and a slower 'crawling peg' for the local peso will prolong a market rally fueled by the
January 13, 2025
Shares of Moderna tumbled Monday after the vaccine maker predicted a steeper-than-expected sales drop in the new year
January 13, 2025
The British government has pledged to rip up the red tape hindering construction of data centers that underpin artificial intelligence while promoting its “pro-innovation” approach to regulating the technology
January 13, 2025
Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due to
January 13, 2025
Almost every aircraft being delivered by Boeing and Airbus is delayed, the head of aircraft leasing giant SMBC Aviation Capital said on Monday, later adding that enginemakers had
January 13, 2025
Goldman Sachs announced a raft of leadership changes as it created a new division to focus on financing large deals and providing
January 13, 2025
Many small towns rely on one major industry and can face long-term existential shocks if that industry fails. Biden’s attempt to reposition rural economies for the future missed a crucial factor.
January 13, 2025
The death of capitalism has been greatly exaggerated.
January 13, 2025
The Brazilian central bank's economic policy director said on Monday the country's fiscal outlook still requires attention, even though the 2024 primary budget
January 13, 2025
OpenAI on Monday laid out its vision for artificial intelligence development in the U.S., saying the country needs outside investment and supportive regulation to stay ahead of China in the
January 13, 2025
Telecoms group VEON is moving forward with its plan to float its unit Kyivstar in the U.S., in a move that would make it the first Ukrainian firm
January 13, 2025
By Max A.
January 13, 2025
By Taosha Wang The past few years haven’t been easy for bond investors, as the "safe haven" asset has struggled in both sunny and cloudy markets.
January 13, 2025
Venture Global is seeking up to $110.38 billion valuation in its New York initial public offering, the second-largest U.S. liquefied natural gas producer said on
January 13, 2025
Abercrombie & Fitch on Monday raised its annual net sales growth target for the current quarter helped by strong demand for its apparel collections during the holiday shopping season.
January 13, 2025
Moderna cut its 2025 sales forecast by $1 billion on Monday, hurt by a slow adoption of its respiratory syncytial virus (RSV) shot and weak demand for COVID-19 vaccines, sending its shares
January 13, 2025
President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and
January 13, 2025
Kohl’s is closing 27 locations. See if your store is on the list
January 13, 2025
Austria's far-right Freedom Party and the conservative People's Party said on Monday that after three days of coalition talks they had reached a deal on bringing
January 13, 2025
Berlin has sounded out potential buyers for Uniper in a deal that could see the government selling its entire
January 13, 2025
Israel's budget deficit could near 5% of gross domestic product in 2025, above the government's target but below last year's 6.9% and a level that could boost its
January 13, 2025
Several apparel retailers including Lululemon, Abercrombie & Fitch and American Eagle received a holiday-quarter sales lift on resilient demand
January 13, 2025
Johnson & Johnson said on Monday it would buy neurological drug maker Intra-Cellular Therapies for $14.6 billion, its biggest deal in more than two years,
January 13, 2025
The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries
January 13, 2025
The Nasdaq fell on Monday, while the benchmark S&P 500 bounced off a two-month low and eked out a slight gain as U.S.
January 13, 2025
China Evergrande said on Monday that a court in Hong Kong had ordered one of its key offshore units to be wound up, the latest in a slew of legal victories for the embattled developer's
January 13, 2025
Delays in deliveries from major aircraft manufacturers are in some cases getting worse, and estimates of delay time can not be trusted, Steven Udvar-Hazy, the executive chairman of
January 13, 2025
AerCap, the world's largest aircraft leasing company, said on Monday that potential new trade tariffs floated by U.S.
January 13, 2025
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P 500 index has all but wiped out its post-election gains, weighed by bond markets fearful of an
January 13, 2025
Healthcare dealmakers gathering in San Francisco for the industry's premier annual conference this week say they expect a resurgence of deals exceeding $10 billion
January 13, 2025
Germany's top-end carmakers took a battering at home and in China in 2024, sales volume data showed, as wealthier consumers held back on purchases amid an
January 13, 2025
Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on
January 13, 2025
U.S.
January 13, 2025
U.S. banks will probably report stronger earnings this week, fueled by robust dealmaking and trading in the fourth quarter.
January 13, 2025
The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about Britain's fiscal sustainability as gilt yields
January 13, 2025
The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing
January 13, 2025
Biden unveils last round of AI chip curbs aimed at China, Russia
January 13, 2025
The Russian rouble eased against the U.S. dollar and China's yuan on Monday as rising oil prices and increased forex sales by the state cushioned the impact of new U.S. sanctions
January 13, 2025
British equities ended lower on Monday, as investors shied away from risky assets after last week's U.S. jobs report reinforced views that the Federal Reserve would be cautious about
January 13, 2025
India's annual retail inflation in December eased to a four-month low, government data showed on Monday, boosting hopes of the country's
January 13, 2025
Italian residents' deposits with domestic banks rose for the sixth month in a row in November and at a faster pace, while bank lending to businesses fell for the 22nd consecutive
January 13, 2025
Euro zone households reduced their savings a touch in the third quarter of last year but still set aside an exceptionally large portion of their disposable income, highlighting a
January 13, 2025
Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's
January 13, 2025
Sunac China has now won the support of holders of nine of its ten onshore bonds to implement a restructuring that would cut its 15.4 billion yuan ($2.11 billion) onshore debt by
January 13, 2025
Lebanese President Joseph Aoun summoned Nawaf Salam, head of the International Court of Justice, to designate him prime minister after most lawmakers
January 13, 2025
Sales of all types of electric vehicles rose more than 40% in China last year while those of gasoline-powered automobiles plunged
January 13, 2025
Moon rover-inspired robot could be a game-changer for Japan’s aging farmers
January 13, 2025
Global hedge funds added more bets against U.S. stocks over the last week through Jan 9, ahead of a blowout U.S. jobs report that sparked a sell-off on Wall
January 13, 2025
European shares fell to a one-week low on Monday amid a broader market selloff as global equities came under pressure following U.S. jobs data, which
January 13, 2025
Germany's meat and dairy exports outside the EU face severe restrictions after the country’s first case of the livestock disease foot-and-mouth was confirmed on Friday, the
January 13, 2025
A nationwide strike in protest against possible pension reforms crippled air and rail traffic in Belgium on Monday and many schools remained shut.
January 13, 2025
China's vehicle exports are expected to grow 5.8% to 6.2 million units this year, cooling from a 19.3% increase in 2024, data from the China Association of Automobile Manufacturers
January 13, 2025
Commerzbank's supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after the Italian bank's surprise purchase of a hefty stake
January 13, 2025
German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world's largest car market hit German carmakers.
January 13, 2025
U.S.
January 13, 2025
The value of China's imports and exports with Russia reached 1.74 trillion yuan ($237 billion) in 2024, a record high, Chinese customs data showed on Monday, as the two countries'
January 13, 2025
Lufthansa expects its planned stake in Italy's ITA Airways to increase the German flagship carrier's profits by hundreds of millions of euros in the coming years, Chief Executive
January 13, 2025
The European Central Bank can ease policy further this year but must find a middle ground that neither induces a recession nor causes an undue delay in curbing inflation, ECB
January 13, 2025
For years, pressure on European banks and asset managers to bulk up to better compete with U.S. rivals has been mounting.
January 13, 2025
U.S.
January 13, 2025
The number of job vacancies in London's financial sector dropped by almost a fifth in the last three months of 2024 compared with the previous quarter, to its lowest level since
January 13, 2025
U.S. stock indexes were split as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies
January 13, 2025
Lithium prices are expected to stabilise in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an oversupply, although
January 13, 2025
Outgoing U.S.
January 13, 2025
A look at the day ahead in European and global markets from Wayne Cole. Why bother engineering a soft landing, when you can just keep flying?
January 13, 2025
India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product (GDP), lower than the government's estimate of 4.9%, primarily driven by lower
January 13, 2025
Taiwan Semiconductor Manufacturing Co, the main global producer of advanced chips used in artificial intelligence applications, is expected to report a
January 13, 2025
China's imports of major commodities in 2024 presented a mixed bag, with record volumes of iron ore, coal and natural gas, but weakness in crude oil.
January 13, 2025
Arizona Democratic Gov. Katie Hobbs knows she is outnumbered this legislative session as Republicans expanded their statehouse majorities in the last election
January 13, 2025
Former West Virginia Gov. Jim Justice signed a number of socially conservative laws during his two terms in office
January 13, 2025
Thailand's cabinet has approved a draft law that would legalise gambling and casinos, a move aimed at boosting tourism, jobs and investment, Prime Minister Paetongtarn Shinawatra
January 13, 2025
U.S. President Joe Biden on Sunday met virtually with his counterparts from Japan and the Philippines to advance cooperation among the three countries, the White House said.
January 13, 2025
Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program for mainland China investors, Eddie Yue, Chief
January 13, 2025
China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office
January 13, 2025
China's exports gained momentum in December, with imports also showing recovery, though strength at the year-end was in part fuelled by
January 13, 2025
China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve capital flows by
January 13, 2025
Proxy advisory firm Ownership Matters said on Monday it recommends that shareholders of Sigma Healthcare vote in favour of Chemist Warehouse's reverse takeover of the pharmaceutical
January 13, 2025
China's central bank chief said on Monday the government will support moderately loose monetary policy to maintain ample liquidity as it tries to stimulate the economy and soften
January 13, 2025
Biden signs executive order aimed at growing AI infrastructure in the US
ICC chief prosecutor wants Israeli objections over Netanyahu warrant to be rejected
What to watch for in Hegseth's confirmation hearing
Rock icon Jeff Beck's guitars are going on display in London before they are put up for auction
Some Paris Olympic athletes ask for medals to be replaced after quickly deteriorating
Los Angeles money managers grapple with wildfire impact on operations, staff
Here's what we know about Trump's planned executive orders after swearing-in
The big DC mystery: Where will Trump and his circle hang out?