Fee income dries up as market conditions prompt pullback in takeovers and new listings...
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Trevor Milton CEO of NikolaMassimo Pinca | ReutersTrevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court Friday of three of four counts of fraud relating to false statements he made to drive up the value of Nikola's stock.Milton was charged with two counts…
COPENHAGEN, Denmark -- Five years ago, Polestar Chairman Hakan Samuelsson boldly decided to turn a Swedish tuning specialist into a global stand-alone brand for high-performance electrified models. Equally daring was the former Volvo Cars CEO's decision to promote his design boss, Thomas Ingenlath, to CEO of Polestar. His faith has been rewarded as Ingenlath took…
The dollar is likely to keep rallying until the current slowdown in the global economy is over and growth starts to accelerate again, according to Citigroup Global Markets Inc.
Japanese stocks jumped, on track for their first gain in five sessions, tracking a dramatic rebound in US peers despite a hot inflation reading.
BeIn Media Group, the Qatari broadcaster, has attracted interest from potential partners including Saudi Arabian and US investors, according to people familiar with the matter.
Japan kept up its warnings over excessive moves in the currency market, while a key official declined to comment on whether the country stepped into markets again after a whiplash move in the yen.
A shift toward private markets is cushioning many of the world’s largest investors from the wreckage wrought by runaway inflation and spiraling interest rates.
Uniqlo owner Fast Retailing Co. rose the most in three months after the company issued an outlook for profit and sales for the current fiscal year ahead of analysts’ projections.
UK Chancellor of the Exchequer Kwasi Kwarteng cut short his trip to the US and will head back to London late on Thursday in order to continue work on the government’s long-term fiscal plan, according to a Treasury spokeswoman.