environment

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's…

3 years ago

Swatch positive on recovery in luxury demand from China

Swatch Group shares hit their highest level in nearly two-and-a-half years on Tuesday after the world's biggest watchmaker said it expected…

3 years ago

Salesforce to cut 10% of workforce after hiring “too many people”

Salesforce Inc said it plans to cut jobs by 10% and close some offices, after rapid pandemic hiring left it…

3 years ago

UAE says OPEC+ output cut was correct decision, no politics behind it

The United Arab Emirates believes that OPEC+ made the correct technical choice when it agreed to cut production and the…

3 years ago

Exclusive: Toshiba’s preferred bidder offers price short of key 6,000 yen a share, sources say

The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen…

3 years ago

BlackRock misses profit estimates as market turbulence spooks investors

BlackRock Inc (BLK.N) posted a bigger-than-expected fall in quarterly profit on Friday as the turmoil in the global markets shrank the world's…

3 years ago

Analysis: Corporate America looks for leeway on U.S. climate disclosures

Business associations for top U.S.-listed companies have pushed back against a landmark proposal by the Securities and Exchange Commission (SEC)…

3 years ago

Analysis: Are high prices unpatriotic or as American as you can get?

President Joe Biden's pointed criticism of oil and gas companies for earning massive profits as families suffer from high gasoline…

3 years ago

In Zimbabwe, coal power project seeks other backing after China’s U-turn

A Zimbabwean company that had been banking on Chinese financing to build a major coal-fired power plant says it is…

4 years ago

EXCLUSIVE Morgan Stanley to award bonus rises of over 20% on Thursday to top performers -sources

Morgan Stanley (MS.N) will raise its annual bonus for top-performing staff on Thursday by more than 20%, people with direct knowledge of…

4 years ago