On Thursday, U.S. President Donald Trump said he wants the Federal Reserve to cut interest rates at a time the […]
Trump Demands Fed Cut Rates, Claims Better Monetary Policy Understanding Read More »
On Thursday, GE Aerospace (NYSE: GE) forecast a stronger profit this year after its fourth-quarter earnings topped Wall Street estimates […]
GE Aerospace Forecasts Upbeat 2025 Profit on Strong Demand for Parts, Services Read More »
SEOUL – South Korea’s Hyundai Motor said on Thursday it is in talks with General Motors (NYSE: GM) to supply […]
Hyundai Motor Nears GM Tie-Up Deal; Expects Revenue Growth to Slow in 2025 Read More »
ROME – On Wednesday, Ryanair (NASDAQ: RYAAY) said it would remove an aircraft from Rome Fiumicino and curb expansion at […]
Ryanair Curbs Investment in Rome in Jubilee Year Due to Rising Costs Read More »
LONDON/FRANKFURT – Buyout groups Permira and Blackstone (NYSE: BX) are weighing a multi-billion-euro initial public offering of German online auto […]
Permira and Blackstone Weigh Multi-Billion-Euro IPO for Mobile.de, Sources Say Read More »
On Wednesday, Aptiv (NYSE: APTV) said it would separate its electrical distribution systems (EDS) business into a new company, as […]
Aptiv Announces Plan to Spin Off Electrical Distribution Systems Business, Stock Jumps Read More »
HONG KONG – Morgan Stanley’s (NYSE: MS) top-performing investment bankers and traders in Asia will see up to a 50% […]
Morgan Stanley’s Bonus Payouts for Star Asia Bankers to Jump by Up to 50%, Sources Say Read More »
U.S. bank Wells Fargo (NYSE: WFC) named JPMorgan Chase (NYSE: JPM) executive Ed Olebe as its new head of cards […]
Wells Fargo Appoints JPMorgan Executive as Head of Cards and Merchant Services Read More »
Barclays’ (NYSE: BCS) global head of securitized products Scott Eichel is leaving, the bank’s spokesperson said on Tuesday. “After seven […]
Barclays Global Head of Securitized Products Scott Eichel Steps Down Read More »
On Tuesday, German shoemaker Birkenstock (NYSE: BIRK) said Chief Financial Officer Erik Massmann will step down after nearly two years […]
Birkenstock CFO Erik Massmann to Depart, Ivica Krolo to Step In as Successor Read More »
DAVOS, Switzerland – Nu Holdings Ltd (NYSE: NU), the fintech that created Latin America’s most valuable lender in Nubank, is […]
Nu Holdings Considers British Legal Domicile for Global Expansion Read More »
LONDON/SINGAPORE/NEW YORK – The only certainty about Donald Trump’s second U.S. Presidency looked to be uncertainty for investors after he […]
Financial Markets Crave Details as Trump Hits the Ground Running Read More »
NEW YORK – U.S. stocks rallied on Friday to close out a strong week on optimism over the health of […]
US Stocks Rally to Close Out Strong Week, Await Trump Policies Read More »
A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an […]
US Mid-Sized Banks Ride Industry Upswing on Robust Fee Income Read More »
Republican-led Tennessee and asset manager BlackRock (NYSE: BLK) settled a dispute over the company’s use of ESG factors in its […]
Tennessee Attorney General Settles ESG Dispute with BlackRock Read More »
TAIPEI – On Friday, Nvidia’s (NASDAQ: NVDA) chief executive Jensen Huang said he will not be attending U.S. President-elect Donald […]
Nvidia CEO Says He Won’t Attend Trump’s Inauguration Read More »
A look at the day ahead in U.S. and global markets. Salvos from a Federal Reserve governor and the incoming […]
Morning Bid: Waller and Bessent Help Peg Back Treasury Yields Read More »
WASHINGTON – Novartis (NYSE: NVS) won an order from a U.S. appeals court in Washington on Thursday temporarily blocking drugmaker […]
US Appeals Court Reinstates Pause on Generic Version of Novartis’ Entresto Read More »
WASHINGTON – Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates […]
WASHINGTON – U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing […]
US Retail Sales Exit 2024 with Momentum; Labor Market on Solid Ground Read More »
On Thursday, Polestar’s (NASDAQ: PSNY) new CEO said it would take longer for the Swedish electric vehicle maker to be […]
WASHINGTON – A federal appeals court temporarily paused drugmaker MSN Pharmaceuticals’ launch of a generic version of Novartis’ (NYSE: NVS) […]
Novartis Wins Temporary Pause to Entresto Generic Launch in US Read More »
WASHINGTON – On Wednesday, President Joe Biden’s administration sued Southwest Airlines (NYSE: LUV), accusing the carrier of illegally operating multiple […]
US Sues Southwest Airlines Over Chronically Delayed Flights Read More »
AMSTERDAM – On Wednesday, the Dutch government said it would expand its export controls on advanced semiconductor equipment from April […]
Netherlands to Expand Export Controls on Semiconductor Equipment Read More »
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