European businesses have an unanticipated and undesirable problem. Just as the continent has long depended on the military ...

Low interest rates and an influx of capital have buoyed sentiment for residential real estate, where prices have fallen 30% ...

The tycoon is taking his insurer FWD public after several false starts. At $6 bln, it's worth less than half his 2021 target. But he's only listing a small chunk. Valuations of peers AIA and ...

Chancellor Friedrich Merz’s cabinet adopted a plan to boost infrastructure and defence outlays, with 115 bln euros of ...

The Fed and other agencies are debating how to relax capital rules so that JPMorgan and its peers can be more active in the $28 trln Treasury market. Letting them treat US debt as risk-free or broadly ...

Democratic socialist Zohran Mamdani won a spot on the ballot to run the city home to Wall Street. The 33-year-old would have limited power to raise taxes or dole out freebies, but he’d be a potent ...

Thames Water seems like an asset nobody wants. It desperately needs to cut debt and raise fresh equity, yet its current shareholders have deemed it “uninvestable”. Recent bidder KKR walked away.

Comac wants to export its passenger aircraft to Europe but winning safety certification will take years even if Beijing makes ...

Trying to reshape the U.S. economy around manufacturing is hard enough without helter-skelter industrial policy. Cancelled ...

Sales of existing homes are at a 16-year low, inventories are rising, yet affordability is stretched. Structural drags – from ...

Global asset prices reacted mildly to US strikes on Iran, despite the scope for escalation. Geopolitical surprises do not ...

An abrupt halt to Israel and Iran’s 12-day conflict has pushed the oil price below $70 a barrel, its level after President ...