Main Street leans toward Sanders, but Wall Street says Trump
Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on...
Take Five: The virus data fog
We’ll soon get the first proper glimpse at the economic damage the coronavirus is inflicting. China’s official Purchasing Managers’ Index is due on Saturday, and...
Axing of Geneva car show forces manufacturers to rethink car launches
Carmakers were scrambling to reorganise press conferences and vehicle presentations after Swiss authorities forced the cancellation of the Geneva car show on Friday in an...
Madoff customer payout nears $14 billion, as dying swindler seeks freedom
Bernard Madoff’s former customers will soon see their total recovery approach $14 billion, a court-appointed trustee said on Friday, as the dying swindler awaits a...
Ex-Barclays bankers cleared over 2008 Qatar fees in blow to UK fraud office
Three former Barclays executives were unanimously acquitted on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar in...
Going viral: Six charts and the $6 trillion loss
The rapid worldwide spread of coronavirus and the economic implications of the outbreak have triggered the biggest weekly stock market rout since the 2008 financial...
Trafigura forms venture with Phillips 66 for deepwater Texas oil port
Global commodities trader Trafigura said on Friday it had formed a joint venture with U.S. refiner Phillips 66 to build a major deepwater port in...
As coronavirus fears grow, private equity eyes distressed investments
Major private equity firms, which have built up big distressed debt funds in recent years, are ready to snap up assets on the cheap if...
Dow drops 1,000 points as pandemic fears heighten
The Dow Jones Industrials slumped more than 1,000 points in intraday trading for the third time this week on Friday, as the rapidly spreading coronavirus...
Elliott presses SoftBank to identify $10 bln of investments it holds: sources
Elliott Management Corp is pressing SoftBank Group Corp for details of nearly-$10 billion of investment securities on its balance sheet, as part of its campaign...