For years, multinational companies had little interest in lower-end consumers, figuring no money was to be made. Now, they are increasingly attractive to all types of industries, from consumer ... Read More
Two Bank of England policymakers again voted to raise interest rates this month, leaving the central bank divided for a second successive month, but the rest of their colleagues ... Read More
China became on Wednesday the latest country to embrace economic stimulus measures, as its central bank reportedly agreed to lend 100 billion renminbi apiece, or $16.2 billion, to each ... Read More
Microsoft Corp (MSFT.O) on Tuesday announced the smallest percentage increase in its quarterly dividend since 2009 and appointed new directors to replace two board members who decided not to ... Read More
Pharmaceutical company, Endo International, which struck an inversion last year and reincorporated in Ireland, tries to stop an inversion by Auxilium Pharmaceutical, a smaller rival. Endo made on Tuesday ... Read More
The world’s oil supply has shrunk considerably over the last few decades. Countries, mostly in the Middle East, with what seemed like a never-ending amount of oil, have begun ... Read More
Goldman Sachs (GS.N) will complete a $500 million debut sukuk issue later on Tuesday, with price guidance tightened slightly from earlier indications due to strong demand from investors, a ... Read More
The world’s miners, already smarting from a steep drop in iron ore prices, are about to be hit by a Chinese ban on low-quality coal that comes into effect ... Read More
China’s foreign direct investment in August fell to a low not seen in at least 2-1/2 years, underscoring the challenges to growth facing the world’s second-biggest economy. China attracted ... Read More
Sanctions-hit oil company Rosneft (ROSN.MM) will be able to apply for money from a state wealth fund, Deputy Prime Minister Arkady Dvorkovich said on Tuesday, adding that the government ... Read More
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