economy

What now for the G7 tax deal on multinationals?

The G7's weekend agreement on a global minimum corporate tax rate and arrangements for taxing multinationals paves the way for…

4 years ago

MOVES Ex BofA exec Elfring joins JPMorgan as EMEA vice chair -memo

JPMorgan Chase & Co (JPM.N) has tapped a former Bank of America Corp (BAC.N) executive to take on a new…

4 years ago

Amazon’s billionaire founder Jeff Bezos to fly to space next month

Amazon’s billionaire founder Jeff Bezos said on Monday he and his brother Mark will fly on the first crewed space…

4 years ago

Mark Cuban-backed banking app Dave to go public in $4 bln SPAC merger

Billionaire Mark Cuban-backed Dave said on Monday it would go public through a merger with a blank-check firm sponsored by…

4 years ago

MSCI’S ACWI ends at record, oil hits 2-year high

A gauge of global equity markets closed at a record high on Monday as technology shares took in stride a…

4 years ago

Walmart’s Flipkart in talks to raise $3 bln from SoftBank, others – Bloomberg News

Walmart Inc-owned (WMT.N) Indian e-commerce firm Flipkart is in talks to raise at least $3 billion from investors including Japan’s…

4 years ago

Analysis: Market for U.S. oil acreage booms along with crude price recovery

A recovery in the price of oil to more than two-year highs is offering a long-awaited opening to companies and…

4 years ago

EXCLUSIVE Some on Wall Street try options trade to bet against AMC without getting burned

Some Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc (AMC.N) and other "meme" stocks…

4 years ago

Asia shares hesitate, China imports underpin resources

Asian shares turned sluggish on Monday as relief over a benign U.S. jobs report was chilled by caution ahead of…

4 years ago

UBS ramps up ‘Netflix’ of banking to tap into stream of millionaires

UBS’s (UBSG.S) new hybrid digital wealth management platform has attracted $3.7 billion in its first year, boosting chief executive Ralph…

4 years ago