economy

SoftBank Vision Fund 2 leads $775 million investment in Perch

SoftBank Group Corp's (9984.T) Vision Fund 2 has led a $775 million investment in Perch, a technology firm that buys…

5 years ago

EXCLUSIVE Nasdaq seeks to remove restriction in direct listing plan

Nasdaq Inc (NDAQ.O) asked U.S. regulators on Wednesday to remove a restriction that limits how much money companies can raise…

5 years ago

Michael Kors parent expects sales growth as luxury demand rebounds

Capri Holdings Ltd (CPRI.N) on Wednesday forecast annual revenue and profit above Wall Street expectations, betting on shoppers returning to…

5 years ago

Bitter shareholder battle for Exxon’s future nears climax

Exxon Mobil Corp’s (XOM.N) bid to stave off a tiny activist fund challenging its board and response to growing climate…

5 years ago

Ford boosts EV spending, aims to have 40% of volume all-electric by 2030

Ford Motor Co (F.N) on Wednesday outlined plans to boost spending on its electrification efforts by more than a third…

5 years ago

Futures gain as Fed calms inflation worries

U.S. stock index futures rose on Wednesday after remarks from Federal Reserve officials helped calm inflation worries, while a recent…

5 years ago

BoE’s Kashyap wants ‘forensic investigation’ of Archegos collapse

Financial regulators should undertake a detailed cross-border probe into how the collapse of U.S. investment fund Archegos cost mostly foreign…

5 years ago

Canada’s top pension funds boost investments in high-carbon oil sands

Canada's biggest pension managers boosted their investments in the country's major oil sands companies in the first quarter of 2021,…

5 years ago

U.S. business borrowings jump 19% in April – ELFA survey

U.S. companies borrowed $9.8 billion for capital investments in April, up 19% from a year earlier, benefiting from an economic…

5 years ago

European stocks stuck at peak as recovery uplift fades

European stocks look set to hold around or inch just above current record levels as the initial boost stemming from…

5 years ago