Global fund management firms are struggling with a skills shortage as the industry moves towards multi-asset investing in an attempt to improve returns, a study showed on Monday. With ... Read More
London-listed drugmaker Shire said on Monday it was ready to recommend a new 31 billion pounds ($53 billion) takeover offer from AbbVie, entering talks after receiving a fifth bid ... Read More
Whiting Petroleum Corp. said on Sunday it would acquire Kodiak Oil & Gas Corp. for $3.8 billion in stock, to become the largest producer in North Dakota’s Bakken shale ... Read More
Barely a month passes without news of another senior departure from Barclays Wealth. The unit, which manages £200bn of assets, resembles something of a revolving door, but the bank ... Read More
Officials from the European Union and the US will spend this week in Brussels trying to make progress negotiating a controversial trade deal. The Trans-Atlantic Trade and Investment Partnership ... Read More
China’s fiscal expenditure surged 26.1 percent in June from a year earlier to 1.65 trillion yuan (155.3 trillion pounds), reflecting government efforts to speed up spending to shore up ... Read More
Britain’s construction sector has suffered its sharpest slowdown for more than a year after housebuilding activity stalled in May, in the latest sign the property market may be coming ... Read More
Indian software giant Infosys (NYSE: INFY), the country’s second-largest software services exporter, reported a jump in profits as well as in revenues in the June quarter, the company announced ... Read More
Lenders may have to comply with a requirement to set aside funds on top of a proposed minimum of 3pc of their capital, says the Bank The Bank of ... Read More
Reynolds American and Lorillard are in the final stages of agreeing a complex merger that will reshape Big Tobacco by bringing together two of the three largest US operators ... Read More
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