A spike in overnight secured funding costs probably has more to do with a temporary cash buildup at the Treasury than broader ...

Ahead of COP30, the head of the UN effectively declared dead the decade-old hope of limiting temperature rises to 1.5 C. US climate denialism impedes the fight. Yet investment favours renewables and ...

The world’s top wind turbine maker’s stock jumped 14% on onshore project profitability. Despite US hostility, AI-driven power ...

Zohran Mamdani is unlikely to trigger rampant socialism, high taxes or mass exodus, despite ranting from the 1%. The ...

Listed vehicles run by non-bank lenders trade at a hefty 11% dividend yield, yet also well below the value of their assets.

The nation’s top judges sound hostile to the White House’s seizure of legislators’ trade powers. If levies are nixed, lawmakers pinched between $200 bln of lost revenue and their inability to govern ...

The drugmaker upped its bid for Metsera to $10 bln to fend off Pfizer. Its expertise in weight loss jabs means it could launch treatments more quickly, helping the deal maths. The risk is that US ...

Just as fears over ending Britain’s non-domiciled tax status look overblown, a 20% ‘settling-up charge’ for wealthy leavers wouldn’t be catastrophic either. A bigger issue is that UK finance minister ...

A sense of relief permeated Hong Kong’s annual gathering of Global Financial Leaders this week as a truce in the Sino-American trade war and a rebound in Chinese equities set a relaxed tone for ...

The Japanese automaker expects a $2 bln full-year operating loss. One problem is weak sales in China. Now it wants to copy rivals there by exporting its excess capacity. CEO Ivan Espinosa can leverage ...

The Spanish group’s new plan involves a 50% dividend cut to trim leverage and fund investments. Yet its targets are modest, ...

Associated British Foods may break off its fashion business from its unit that makes tea bags and sugar. A split makes sense, ...