Trafigura Cuts Mexico Oil Traders as Policies Crimp Margins
Trafigura Group is cutting oil-trader positions in Mexico as the government’s nationalist policies squeeze its profit margins. Five
2023-06-27 03:50
Aston Martin, Lucid Gain After Saudi-Backed EV Supply Pact
Aston Martin Lagonda Global Holdings Plc is tying up with Lucid Group Inc. on electric vehicle technology, uniting
2023-06-27 03:24
Student Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’
Advocates of student debt relief want President Joe Biden to use a 1965 law to cancel student debt
2023-06-27 02:55
Digital Asset Inflows Highest in a Year After BlackRock’s Spot-Bitcoin ETF Filing
Digital-asset investment products added $199 million last week, the biggest weekly inflows in nearly a year, as a
2023-06-27 02:50
Florida Sells Bonds to Backstop Its Homeowner’s Insurance Industry
A Florida state agency is selling municipal bonds to backstop the state’s homeowner’s insurance industry after a surge
2023-06-27 01:58
Pfizer Drops as Obesity Drug Halted on Safety Concerns
Pfizer Inc. shares fell after it halted early development of an oral drug for weight loss on safety
2023-06-27 01:45
George Osborne-Chaired Agnelli Fund Buys 5% Stake in Ocado
An investment firm backed by the Agnelli family of Italy and chaired by former UK Chancellor of the
2023-06-26 20:45
PacWest Sells $3.5 Billion Asset-Backed Loan Pool to Ares
PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp., offloading more assets to boost
2023-06-26 20:16
Goldman Taps Tom Montag for Board Amid Disquiet in Bank’s Ranks
Goldman Sachs Group Inc. plans to add Tom Montag to its board, enlisting a prominent alum at a
2023-06-26 19:26
Japan Unveils $6 Billion Deal to Buy Out Chip Linchpin JSR
Japan’s government unveiled a $6.3 billion deal to buy out and privatize JSR Corp., taking direct control of
2023-06-26 19:16
German Business Outlook Plummets as Recession Shadow Lingers
Germany’s business outlook deteriorated to the lowest seen this year, evidence that Europe’s biggest economy is struggling to
2023-06-26 18:28
Xi’s Bet on Putin Looks Even More Risky After Russian Rebellion
Ever since Russia invaded Ukraine last year, Xi Jinping’s gamble on a “no limits” friendship with Vladimir Putin
2023-06-26 18:24