finance

U.S. trade czar Tai says upbeat on prospects for ‘intense’ trade talks with EU

U.S. Trade Representative Katherine Tai said on Thursday she will accompany President Joe Biden to Brussels next week for “intense…

4 years ago

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

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

Japan’s wholesale prices rise at fastest pace in 13 years on commodities surge

Japan's wholesale prices rose at their fastest annual pace in 13 years reflecting higher commodity costs, data showed on Thursday,…

4 years ago