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The $110 bln bank’s boss dropped his offer for Italy’s BPM but seems set on holding 29% of Germany’s Commerzbank. That leaves ...
Scrapping a tax break for foreign residents has sparked talk of an expat exodus. As those 42,000 people paid the UK 7 bln pounds a year, it’s a big fiscal risk. Yet the impact depends on how many ...
Are artificial intelligence startups like software companies? Since OpenAI’s ChatGPT chatbot made its viral debut late in 2022, investors have treated the new technology as if it shares the same ...
By lowering auto duties on Japan to 15%, Donald Trump is handing the Asian ally a decent win and making a big concession on his flagship sectoral levies. For other countries negotiating with ...
Construction has started on a $170 bln hydropower plant in Tibet. It could anger India, but will help China meet its energy demands and emissions targets. It also signals, as did the Three Gorges in ...
The tobacco peddler’s stock lost $13 bln of value after sales of cigarette alternative Zyn fell just short. A red-hot valuation prices the company for strong smoke-free growth. Missed expectations ...
The carmaker suffered a $1.1 bln hit from the US president’s tariffs, sparking a 7% loss in equity value. Prices are stretched while EV initiatives mature just as the market runs into tough new ...
State Bank of India has raised $2.9 bln to boost its capital ratios. But it will add less than a percentage point to them, ...
The $85 bln oil major has named former CRH Chief Executive Albert Manifold to head its board. Given he lacks sector ...
Digital dollar issuers like $55 bln Circle hope to bypass traditional lenders by getting their own bank licenses. An even ...
Markets reflect a widespread belief that the US president always chicken out on trade measures. AstraZeneca’s plan to invest $50 bln stateside implies that sector-specific levies are inevitable. The ...
The $230 bln company reported a 78% rise in net profit and outlined a plan to bring investors into its clean power unit. But ...
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