business

Analysis: G7 global tax plan may hit corporate titans unevenly

An agreement by wealthy nations aimed at squeezing more tax out of large multinational companies could hit some firms hard…

4 years ago

U.S. House panel approves $547 bln infrastructure boost

A U.S. House committee early on Thursday voted 38 to 26 to authorize $547 billion in additional spending over five…

4 years ago

Artisan fund joins opposition to Universal Music spin-off

U.S. investment fund Artisan Partners on Thursday joined another minority shareholder in French media group Vivendi (VIV.PA) in opposing its…

4 years ago

U.S. household wealth jumps to record $136.9 trillion, Fed says

U.S. household wealth jumped to a record $136.9 trillion at the end of March, a report from the Federal Reserve…

4 years ago

Stocks rally, yields drop as U.S. CPI data calms investors

Global stock markets rallied to new highs and bond yields slid on Thursday after a jump in U.S. inflation was…

4 years ago

Analysis: Bank of America leaves Wall Street wondering about next CEO

When Brian Moynihan took the reins at Bank of America Corp (BAC.N) in 2010, the U.S. bank was reeling.

4 years ago

EXCLUSIVE Online wholesale marketplace Faire raises $260 mln, valued at $7 bln

Online wholesale marketplace Faire said on Thursday it raised $260 million in its latest funding round and is now valued…

4 years ago

Online trading group CMC plans expansion into wealth management

British online trading group CMC Markets (CMCX.L) on Thursday set out plans to launch a wealth management platform, going head…

4 years ago

Analysis: As Fed taper looms, global central banks eye their own exits from stimulus

Haunted by memories of past U.S. interest rate hikes, the world's central banks are laying the groundwork for a transition…

4 years ago

CEOs and investors push world leaders for stronger climate action

A group of 79 company bosses and investors managing $41 trillion issued separate calls on Thursday for world leaders to…

4 years ago