economy

COVID-19 to speed up consolidation of aircraft leasing industry -SMBC

Consolidation of the aircraft leasing industry, which controls over 40% of the global passenger fleet, is likely to be accelerated…

5 years ago

Germany’s biggest landlords agree $22 bln merger

Germany's two biggest listed landlords Vonovia SE (VNAn.DE) and Deutsche Wohnen have agreed to join forces in a 18 billion-euro…

5 years ago

No commodities ‘super-cycle’ but copper demand from green economy bright

Commodities markets are unlikely to experience a "super-cycle" in the next few years, experts and audience polled at an online…

5 years ago

U.S. Treasury deputy chief sees G7 backing for 15%-plus global minimum tax

U.S. Treasury Deputy Secretary Wally Adeyemo said he expects strong backing from G7 peers for Washington's proposed 15%-plus global minimum…

5 years ago

Asia shares track Wall Street up as inflation fears fade

Asian shares advanced on Tuesday, tracking a rally on Wall Street, while the dollar held near a fourth-month low as…

5 years ago

Japan’s losses from COVID-19 curbs to dwarf Olympics no-go fallout, says economist

Japan stands to lose 1.8 trillion yen ($16 billion) if the Olympics were cancelled, but that would pale in comparison…

5 years ago

U.S. chip funding could result in seven to 10 new factories -officials

U.S. Commerce Secretary Gina Raimondo said on Monday a proposed $52 billion boost in U.S. government funding for semiconductor production…

5 years ago

Shell to sell interest in Deer Park refinery to partner Pemex

Royal Dutch Shell (RDSa.L) agreed on Monday to sell its controlling interest in a Texas refinery to partner Petroleos Mexicanos…

5 years ago

Investor opposition to U.S. CEO pay at its highest ever -report

Investors have rejected a record number of executive compensation plans in non-binding votes of U.S.-listed companies this year, objecting to…

5 years ago

Goldman’s new director makes its board almost half female

Goldman Sachs Group Inc (GS.N) said on Monday that media lawyer Kimberley Harris would become its newest board member, a…

5 years ago