WASHINGTON, April 29 (Reuters Breakingviews) - President Trump’s push to install a pliant central bank majority is backfiring. Outgoing Chair Jay Powell now says he will remain as a member while ...
The hedge fund manager's closed‑end fund fell 18% in its debut. A free stake in its management firm provided $725 mln ...
The yen has surged, reflecting Japan’s latest moves to defend it. While appreciation is likely temporary, it can be a useful ...
Computers have long been key to the $88 trln industry. Now artificial intelligence threatens to remove people from ...
The planned review of North America's 2020 accord is off to a rocky start, marred by insults and boycotts between ...
If and when the Strait of Hormuz opens, a UAE outside OPEC could pump at its full 2027 capacity of 5 mln daily barrels. Saudi Arabia might then follow suit. While investors fret about costly oil, a ...
BPM and Monte dei Paschi could combine to create the country’s third big lender. Yet the latter is swallowing a recent ...
The bank will pay $575 mln for Campbell Lutyens, advisor to buyout shops on fundraising and after-market stake sales. The ...
Shares fell 10% despite strong revenue growth and signs technology is boosting ad sales. The issue is funding: unlike Alphabet, Amazon or Microsoft, there’s no cloud arm to cushion infrastructure ...
LONDON, April 29 (Reuters Breakingviews) - The cost of sustainable aviation fuel is now less than two times that of its fossil-based peer, versus three times pre-war. Investors that rolled their ...
The Chinese EV giant's earnings halved in the first quarter. BYD is betting on higher-margin premium cars to revive growth. But the cost discipline underpinning its mass-market success may prove ...
Tokyo has forced overseas private equity firm MBK to drop its $1.7 bln white knight bid for Makino because weapons manufacturers use its machines. A local buyout shop is now taking aim, but ...
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