Fed Latest: Barr Issues Warning on Hedge Funds’ Basis Trades
The Federal Reserve’s top banking regulator on Thursday joined a chorus of US officials expressing concern about highly
2023-11-17 00:17
Americanas Fraud Was $1 Billion More Than Previously Suspected
An accounting scandal that engulfed Americanas SA last year was deeper than the Brazilian retailer previously reported, according
2023-11-17 00:16
Schonfeld Cuts 15% of Staff After Exiting Millennium Talks
Schonfeld Strategic Advisors dismissed 15% of its workforce to cut costs after scrapping deal talks with Izzy Englander’s
2023-11-16 21:25
Ghana Dollar Bonds Rise as Bilateral Debt Deal Seen Next Week
Ghana’s dollar bonds rose on Thursday after the nation said its official creditors may reach a debt-relief agreement
2023-11-16 19:53
FDA Weighing What to Do About $900,000 Drug That May Not Work
The cancer drug Folotyn, one of the most expensive in the US, received a short-cut approval from US
2023-11-16 18:52
Mars to Pay 170% Premium to Take Over Britain’s Hotel Chocolat
Mars Inc., the US candy company, agreed to buy Britain’s Hotel Chocolat Group Plc for £534 million ($662
2023-11-16 18:51
Chicken Finger Craze Fuels $7.6 Billion Fortune for Raising Cane’s Founder
Raising Cane’s Restaurants has grown to more than 750 locations worldwide, drawing lines when its flagship Times Square
2023-11-16 18:27
Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:55
China Stocks Fall as Traders Unimpressed by Xi-Biden Meeting
Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only
2023-11-16 16:54
Orsted Funding Gap Puts Credit Rating at Risk, Jefferies Says
Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its
2023-11-16 16:52
UK Regulator Probes South East Water Over Supply Failures
UK utility South East Water Ltd. is failing to provide reliable supplies to customers, prompting the regulator to
2023-11-16 16:17
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:56