Over 120 countries now have self-imposed fiscal straitjackets, up 7% since Covid. Britain, whose finance minister Rachel ...

The US coffee giant is selling control of its mainland retail operations to Boyu Capital in a $4 bln deal, even though it ...

Izzy Englander sold 15% of his sprawling hedge fund at a $14 bln valuation. With $79 bln in assets, that price implies slower growth even as the industry raises record sums of capital. The architect ...

Kleenex maker Kimberly-Clark will buy Kenvue at a 46% premium, tanking its own stock by 13%. Synergies promise a decent return to numb the pain of a high price. It’s an opportunistic bet that claims ...

The US pharma giant wants a court to stop biotech Metsera from ditching its deal for an $8.5 bln rival bid from Novo Nordisk. The Danish giant's cash comes with few strings, making the legal approach ...

CEO Simon Trott still has time to intervene in his London-listed rival's nil-premium offer for the $21 bln Canadian miner. Stepping in with a higher bid may work, and the returns could stack up. A ...

Brussels wants to coordinate a defensive shield of unmanned aerial vehicles by 2027. Its approach is bureaucratic and slow. A ...

Welcome back! Donald Trump rated his summit with Xi Jinping a “12 out of 10”. We gave it a lower score. The confab produced an uneasy truce which did not resolve any of the tensions between the ...

A year after the bloc hiked EV import tariffs, Chinese automakers have nearly doubled overall sales there. Next, brands from BYD to Xiaomi will take aim at the premium segment. Fresh tech and ...

The Russell 2000, an index tracking sub-$5 bln firms, is up 11% this year. Yet these diminutive strivers’ hopes of closing a valuation gap to larger rivals face profitability and growth woes. With ...

A court victory for minority shareholders of seized oil giant YPF now hangs in the balance. The US ruling upended sovereign debt norms by interpreting foreign law and ordering Buenos Aires to send the ...

Shares of the $1.5 bln tinned fish maker Princes slipped after it priced at the bottom of the range. It adds to a dismal year ...