Saudi airline flyadeal picks Airbus jets over grounded Boeing MAX
Saudi Arabia’s flyadeal will not proceed with a provisional order for 30 Boeing 737 MAX jets, the U.S. planemaker said on Sunday after the airline...
Exclusive: Greensill issued false statement on bonds sold by metals tycoon Gupta
Financing group Greensill Capital, which is backed by Japan’s SoftBank Group and General Atlantic of the U.S., last year provided a false statement to market...
Fed faces tougher task in deciding whether to cut U.S. rates
U.S. employers are hiring workers, but that is only making the Federal Reserve’s job harder....
U.S. job growth surges, July rate cut expectations intact
U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could...
India’s PNB says detects 38 billion rupee fraud
India’s state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power...
China’s Centurium Capital raises over $2 billion from GIC, Temasek, others
China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the...
Reinsurance hedge fund Tangency Capital raises further $165 million
Hedge fund Tangency Capital has raised a further $165 million to invest in the property reinsurance market, bringing its size to $265 million as the...
Fund investors retreat from U.S. stocks as S&P 500 hits records
Investors pulled slightly more than $5 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week, ending what had been the...
Synthomer to buy Omnova in $824 million deal
Polymer maker Synthomer Plc said on Wednesday it has agreed to buy Omnova Solutions Inc for an enterprise value of $824 million in a bid...
Morgan Stanley cuts long-term Brent price view after OPEC supply cuts
Morgan Stanley lowered its long-term Brent price forecast on Tuesday and said the oil market is broadly balanced in 2019 after OPEC and its allies...