Financial News

By Siddharth Cavale – Influential British fund manager Terry Smith attacked Unilever’s failed 50 billion pound ($68.2 billion) bid for GSK’s Consumer Health assets as a “near death experience” and …

By David Shepardson WASHINGTON – U.S. Attorney General Merrick Garland plans to meet with relatives and lawyers of victims of fatal Boeing 737 MAX crashes after some challenged a deferred …

LACEY TOWNSHIP, NJ – On Friday, January 14, 2022, at 18:33 hours, multiple officers, responded to the area of Lacey Road and Arlington Avenue, for a report of a driver …

By Jonathan Stempel -A U.S. regulator on Thursday fined a unit of Credit Suisse Group AG $9 million for violating multiple laws and rules protecting investors, including ones involving potential …

By Nate Raymond BOSTON -The U.S. Justice Department on Thursday dropped charges against a Massachusetts Institute of Technology professor accused of concealing his ties to China when seeking federal grant …

SHANGHAI – Chinese regulators urged banks and insurers to make clear progress in their digital transformation by 2025, the state-owned newspaper Securities Times reported on Thursday. The goal was set …

– New York City Mayor Eric Adams on Thursday said his first paycheck, to arrive Friday, will be automatically converted into cryptocurrency via Coinbase Global Inc. The salary will be …

WASHINGTON – U.S. home sales tumbled in December as higher prices amid record low inventory continued to shut out some first-time buyers. Existing home sales dropped 4.6% to a seasonally …

By Natalia Zinets KYIV – Ukraine’s central bank raised its main interest rate to 10% from 9% on Thursday, crossing into double digits for the first time since April 2020, …

NEW YORK – U.S. banks’ appetite for U.S Treasuries could slow down as they shift their focus to loan growth, at the same time that the Federal Reserve plans to …

By Hyunjoo Jin San Francisco – Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles, Luminar’s …

LONDON – Assets under management at global hedge funds topped $4 trillion for the first time ever at the end of 2021, as the prospect of rising interest rates combined …

WASHINGTON – The Biden administration is giving U.S. colleges and universities another $198 million to help them curb COVID-19 and address student needs such as housing and food amid the …

By Pamela Barbaglia LONDON – Poland’s largest drug maker Polpharma is working on a possible $4 billion takeover of Czech rival Zentiva and is looking for investors to join its …

The Washington Post published an article Thursday arguing that gasoline prices aren’t actually very high despite “recent commentary” on the issue. Rising gasoline prices are a consequence of inflation, which …

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Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo.