America has lost half its public companies since the 1990s. Here's why
The S&P 500 officially entered a bull market on Thursday, gaining 20% off of its October lows. But those gains came from just a few tech and AI companies with mega-cap stocks soaring higher. Cyclical and smaller companies are still largely suffering.
2023-06-09 20:46
Activision intervenes in Microsoft challenge to UK regulator's block
LONDON "Call of Duty" maker Activision Blizzard has been given permission to intervene in Microsoft's legal battle with
2023-06-09 19:24
OpenAI CEO encourages South Korea to supply chips in AI boom
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -ChatGPT-maker OpenAI's CEO Sam Altman, who met with South Korean President Yoon
2023-06-09 18:52
Russia Holds Rates to Bring Pause to Longest in Over 7 Years
Russia extended its interest-rate pause to the longest in more than seven years as the central bank becomes
2023-06-09 18:46
China Central Bank Governor Reiterates Stable Policy Stance
China’s central bank will keep monetary policy targeted and ensure credit growth is stable, Governor Yi Gang said,
2023-06-09 18:26
Fed Seen Ending Its 15-Month Hiking Campaign in Economist Survey
Most economists expect the Federal Reserve to pause interest-rate increases next week for the first time in 15
2023-06-09 18:15
Erdogan Names First Republic’s Ex-Exec as Central Bank Head
Turkish President Recep Tayyip Erdogan named Hafize Gaye Erkan, a former co-chief executive officer of First Republic Bank,
2023-06-09 17:55
EU Puts ESG Rating Providers on Notice as Major Overhaul Planned
After years of unfettered growth, the providers of ESG ratings will soon have to adjust their businesses to
2023-06-09 17:53
US, Iran Deny Reports a Nuclear Deal is Close: Iran Snapshot
Here is a snapshot of what’s happening with Iran, its nuclear talks and energy markets. Latest developments US
2023-06-09 17:49
German media group Axel Springer eyes AI acquisitions
BERLIN German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms specialising in
2023-06-09 17:46
New York-listed IHS in Shareholder Standoff Over Governance
IHS Holding Ltd.’s annual meeting devolved into a tense standoff over investor power on Wednesday after the African
2023-06-09 16:55
Take Five: Skip, stop or go?
It's a week of the central bank heavies with the U.S. Federal Reserve, European Central Bank and Bank
2023-06-09 14:55