IMF has a decision to make in Argentina: rock or hard place?
The International Monetary Fund has a tough choice to make in Argentina: Unlock over $5 billion in funds under the country’s loan deal as the...
Exclusive: WeWork considers dramatic valuation cut in IPO
WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount...
Apple, Broadcom rein in Wall Street gains on trade optimism
Losses in shares of U.S. technology majors Apple and Broadcom set Wall Street for a subdued end to the week, as traders balanced the latest...
Hong Kong exchange vows to press on with $39 billion LSE bid after rebuff
Hong Kong’s exchange refused to give up on its bid to take over the London Stock Exchange after the British bourse emphatically rejected its $39...
UPS to pay $8.4 million to resolve U.S. overcharging probe
The U.S. Justice Department said United Parcel Service Inc has agreed to pay the United States $8.4 million to resolve allegations it overcharged federal agencies...
Indian’s top trader body seeks ban on Amazon, Flipkart’s festive season sale
A leading Indian trader body asked the government on Friday to ban upcoming festive sales on Amazon’s local unit and its rival Flipkart, saying their...
Exclusive: WeWork considers dramatic valuation discount ahead of IPO
WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount...
ECB hawks rally against Draghi’s farewell stimulus
Conservative policymakers slammed the European Central Bank’s lavish stimulus measures on Friday, voicing doubts about the need and effectiveness of a package that could consume...
Draghi’s parting shot leaves next ECB boss with existential dilemma
Christine Lagarde will face a momentous decision in her first year as European Central Bank President: give up on reviving inflation or give in to...
Solid U.S. retail sales ease economic growth concerns
U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth....