finance

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

UK mortgage market faces ‘significant stress’ – Morgan Stanley

Britain's mortgage market faces significant stress as households struggle to meet the surging cost of home loans, investment bank Morgan…

3 years ago

Kanye West to buy social media app Parler

American rapper Kanye West, who now goes by Ye, has proposed to buy Parler, the social media platform popular among…

3 years ago

Exclusive: China’s state banks seen acquiring dollars in swaps market to stabilise yuan

China's state banks stepped up their intervention to defend a weakening yuan on Monday, with banking sources telling Reuters these…

3 years ago

Goldman plans major overhaul to combine key units – source

Goldman Sachs is planning a major reorganization to combine its biggest businesses into three divisions with its storied investment banking and…

3 years ago

EXCLUSIVE ECB staff sees lower rate peak than market, sources say

European Central Bank staff see the need for fewer rate hikes than markets now estimate to tame inflation, according to…

3 years ago

India pushes oil refiners to diversify after surprise OPEC+ cuts

India said it will speed up its diversification of oil imports to hedge against any surprise output cuts by the…

3 years ago

Futures tick down ahead of big bank earnings, retail sales data

U.S. stock index futures edged lower on Friday as caution kicked in ahead of quarterly results from four of the…

3 years ago

Analysis: Massive turnaround for stocks puts traders on alert for more volatility

An eye-popping turnaround in stocks may be less bullish than hoped for, with traders saying short-term hedging activity buoyed equities…

3 years ago

BlackRock profit beats as ETF demand holds up against market rout

BlackRock Inc posted a smaller-than-expected drop in quarterly profit on Thursday as strong demand for exchange-traded funds and other low-risk products…

3 years ago