Swiss wealth management group Julius Baer appoints market heads
Julius Baer said on Monday Patrick Prinz and Ettore Bonsignore will be joining the Swiss wealth management group as market heads, effective Oct. 1....
U.S. repo rate spikes at quarter-end
The interest rate on U.S. overnight repurchase agreements jumped on Monday as banks and Wall Street are scrambling to fund their loans and trades at...
Saudi Aramco restored full oil capacity to pre-attack level: trading unit chief
Saudi Aramco has restored full oil capacity to the level before the Sept. 14 attacks on its oil facilities, the chief executive officer of its...
WeWork says will file to withdraw IPO
WeWork’s parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed firm removed founder...
Oil drops more than 1% on trade war jitters and Chinese data
Oil slipped on Monday as China’s economic outlook remained weak even as manufacturing data improved, with the continuing trade war with the United States weighing...
Big name IPOs in third quarter brighten gloom for equity market fundraising
A couple of hefty share listings in Europe and the return of AB InBev’s Asian unit float in the third quarter of 2019 brought some...
Sempra Energy to sell Peruvian businesses to China Yangtze for $3.59 billion
Sempra Energy said on Monday it would sell its Peruvian businesses to a unit of China Yangtze Power Co for $3.59 billion, as part of...
Wall Street opens higher on Apple boost
Wall Street’s main indexes opened higher on Monday, lifted by Apple Inc, as investors shrugged off last week’s reports that Washington was considering delisting Chinese...
Saudi Aramco plans to pay base dividend of $75 billion in 2020
State-owned Saudi Aramco plans to pay a base dividend of $75 billion in 2020, it said in a corporate overview posted on its website on...
Oil down nearly 2% on trade war jitters and Chinese data
Oil slipped on Monday as China’s economic outlook remained weak even as manufacturing data improved, with the continuing trade war with the United States weighing...