Biden to Nominate Kugler to Fed Post, First Latina on Board
President Joe Biden said he’d nominate Federal Reserve Governor Philip Jefferson as vice chair and Adriana Kugler as
1970-01-01 08:00
US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
1970-01-01 08:00
Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
1970-01-01 08:00
Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound
Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed
1970-01-01 08:00
Abu Dhabi Family Plans Middle East’s Second SPAC Listing
An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in
1970-01-01 08:00
China Got Lion’s Share of World Bank Contracts, US Agency Finds
Businesses in China received almost one third of World Bank-funded international contracts, in dollar terms, over the past
1970-01-01 08:00
Apple Is Now the Only Major Phone Brand Without a Foldable Model
Apple Inc. is now alone among global smartphone brands without a foldable device in its portfolio, putting it
1970-01-01 08:00
Blackstone, PNC, Apollo Among 20 Firms That Made Bids on SVB
At least 20 companies including units of Blackstone Inc., PNC Financial Services Group Inc. and Apollo Global Management
1970-01-01 08:00
Icahn Enterprises Shares Fall After US Attorney’s Office Requests Information
Investors wiped as much as $2.3 billion off the market value of Carl Icahn’s investment firm Wednesday after
1970-01-01 08:00
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
1970-01-01 08:00
Australia Seeks to Calm Rental Crisis With Investor Tax-Breaks
Australia is encouraging investors to build urgently-needed rental properties by slashing levies as part of measures aimed at
1970-01-01 08:00
Hedge Fund Manager Wagner to Acquire Birmingham City Stake
The Chinese owners of Birmingham City Football Club have agreed to sell their shares to US hedge fund
1970-01-01 08:00