Finance

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% […]

AI-exposed power stocks were swept away with tech’s sell-off Monday as advances in AI made by Chinese start-up DeepSeek raised questions over AI spending levels at US companies and their dominance of the market. Constellation Energy (CEG), the largest nuclear […]

Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s Twitter buyout. Morgan Stanley (MS) and Bank of America (BAC) are among the banks that […]

 Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric but more cautious on action – for now. Trump had […]

Starbucks is set to report its fourth straight quarter of comparable sales decline on Tuesday, in what could be another blow to investors waiting for new chief Brian Niccol’s efforts to turn the tables for the struggling coffee chain. Niccol, […]

The threats to Ireland from a Donald Trump presidency are comparable to the risks faced by the U.K. in the wake of the Brexit referendum, the country’s oldest stockbroker has warned. In its latest health check for the Irish economy, […]

The US dollar (DX=F, DX-Y.NYB) further retreated from near two-year highs on Friday, falling to a one-month low after President Trump said he would “rather not” impose tariffs on China. “We have one very big power over China, and that’s tariffs, and they […]

 Elon Musk, Jeff Bezos, Bill Gates, Mukesh Ambani, and Gautam Adani are listed among the richest personalities globally. But it may surprise you to know that there is a personality who is richer than Musk, Gates, and Bezos in America and […]

Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy’s Treasury picked him out to revive the fortunes of the world’s oldest bank, five years after bailing it out. Back […]

 Exporters this week jostled to load and ship cargo from Shenzhen’s Yantian Port, one of the world’s largest container ports, before an eight-day Lunar New Year holiday and ahead of a potential wave of U.S. tariffs on Chinese goods. Yantian, […]