The movement against investing in fossil fuels has reached a critical mass, with more than 800 individuals and institutions promising to rid their portfolios of $50 billion worth of ... Read More
Strengthening commercial ties will be on the agenda when Spain’s prime minister, Mariano Rajoy, makes his first state visit to China. The purchase of the 25-story Edificio España by ... Read More
A rare bright spot in the European economy in recent years, many of the biggest German companies have begun capitalizing on their strength, striking big deals for overseas competitors. ... Read More
Group of 20 finance chiefs and central bankers said low interest rates could lead to a potential increase in financial-market risk, as major economies rely on monetary stimulus to ... Read More
US private equity group Blackstone is “giving up on Russia”, highlighting how even well-connected western investors are shying away from doing business in the country. The New York-based buyout ... Read More
The European Central Bank may not need to add stimulus measures after steps in the past three months pushed down the euro, said Governing Council member Ignazio Visco. “Inflation ... Read More
Bank of America Corp (BAC.N), the second-largest U.S. bank by total assets, could see its shares climb 50 percent over the next three years, Barron’s financial newspaper said on ... Read More
Commerce & Finance (C&F), one of the leading ‘red circle’ firms in China, has signalled that it would consider the idea of a global alliance seriously. C&F managing partner ... Read More
Alibaba Group Holding Ltd’s (BABA.N) initial public offering now ranks as the world’s biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold ... Read More
Siemens, the German engineering conglomerate, announced late Sunday a deal for the Dresser-Rand Group, an oil products and services company. The deal, worth about $7.6 billion, including the assumption ... Read More
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