Business
EasyJet Gets Rival Bid From Apollo That Beats Castlelake Bid
EasyJet Plc received a fresh offer from private equity firm Apollo Global Management for 715 pence a share that beats a …
Business
10929 articles
Business
Carry Trades Face Best Conditions Since 2000, Goldman Sachs Says
Carry trades — one of the most widely-used strategies in the $9.5 trillion-per-day currency market — are see…
Business
Yen Traders Question How Japan Pension Money Can Sustain Rally
The big question for traders tracking the yen’s sudden rally on Friday is whether the government will follow through on …
Business
Corn Steadies Ahead of Key US Supply Report as Heat Threats Ease
Corn futures steadied ahead of a key monthly US report on supply and demand, while concerns about weather risks eased.…
Business
Didi-Backed Autonomous Truck Firm on Profitability
Wei Junqing, CEO at Chinese autonomous freight technology firm KargoBot, says he expects the company to be profitable in…
Business
OpenAI and Google sell AI models to blacklisted China groups
US groups have been supplying AI services to Singapore-based subsidiaries of Alibaba, Baidu and Tencent…
Business
Tencent leads deal to unwind Meta’s $2bn Manus acquisition
Chinese tech giant set to become largest shareholder in AI agent start-up after Beijing ordered reversal of US takeover…
Business
MiniMax Joins China AI Fundraising Rush With $2 Billion Deal
MiniMax Group Inc. is joining a rush by Chinese technology companies to tap markets for funding aimed at the artificial …
Business
Can Dogs Save Hong Kong's Dining Scene?
Hong Kong’s restaurant industry has been struggling as more residents head to mainland China for their weekend leisure a…
Business
Rupee May be Tested as RBI Unwinds Bearish Dollar Bets
Short dollar forward positions ballooned to $106.7 billion in May.…
Business
Japan’s Long Bonds, Yen Rise on Push for More GPIF Investment
Japan’s long-term bond yields fell and the yen strengthened after Finance Minister Satsuki Katayama said the government …
Business
Copper Heads for Weekly Gain as Traders Look Past Iran Flare-Up
Copper was on track for its second straight weekly gain as investors looked past potential demand headwinds presented by…
Business
What’s Driving SK Hynix’ Billion-Dollar ADR Listing
SK Hynix Inc. raised $26.5 billion in its American depositary share offering, the largest ever US first-time share sale …
Business
How Sandra Lee’s Semi-Homemade Cooking Became The Way America Cooks
Sandra Lee trademarked semi-homemade cooking. Now it's behind every viral food hack, and her Wheatley Vodka 250th collab…
Business
RBI Faces $100 Billion Challenge After Record Currency Defense
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persiste…
Business
Don’t want to invest in Elon Musk? Two new ETFs explicitly exclude him
The new exchanged-traded funds exclude companies that are founded, controlled, or led by Elon Musk. That means no SpaceX…
Business
Gold Steadies as Traders Weigh Mideast Fighting, Rate Outlook
Gold steadied, as investors weighed renewed fighting in the Middle East and the prospects for interest-rate hikes to com…
Business
Broadway Avoids Strike Through Tentative Deal With Cleaners Union
Broadway cleaners represented by 32BJ SEIU have tentatively secured increased wages, improvement to defined benefit pen…
Business
Taco Bell is reportedly pulling produce from some stores. Here’s what to know.
An outbreak of a parasite-caused illness has sickened more than 1,000 people in Michigan.…
Business
Wall Street’s boutiques bet on star bankers. Now they’re stuck with the bill
Investment banks like Evercore, Lazard and Moelis scooped up dealmakers ahead of an upswing that has yet to fully materi…
Business
Asian Stocks Set to Gain After US Chipmakers Rally: Markets Wrap
Asian stocks looked poised to gain on Friday after a resurgence in giant chipmakers drove a rebound on Wall Street. Oil …
Business
Why a hidden divergence between the VIX and Nasdaq volatility has the smart money on edge
Traders are completely enthralled by the bull market — but surging Nasdaq volatility suggests it is time to hedge.…
Business
SK Hynix is about to hit the U.S. market. Here’s what to know about the deal.
U.S. investors are about to get another straightforward way to play the red-hot market for memory chips.…
Business
Tanger CEO: ‘Incredible Traffic’ Tied to World Cup
Stephen Yalof, President and CEO of Tanger Inc., appeared on the program to discuss the company's recent performance. Ta…