The odd couple of corporate governance
It is one of the oldest battle lines in corporate governance: managerial autonomy versus shareholder rights.
View ArticleBelarusian leader says Russia will offer bailout
The leader of Belarus says Russia has promised to offer financial assistance to his nation.
View ArticleA dying breed: Currency traders left out of new Wall Street
Charlie Stenger, a currency-broker-turned-recruiter, has seen it all.
View ArticleU.S. retail sales and Yellen testimony in focus
Global markets have been in turmoil since the start of the year, with stocks and commodities prices reeling, eroding inflation and making central banks increasingly dovish – a trend that could...
View ArticleShares tumble on global growth concerns
Stock indexes worldwide tumbled Monday, led by banking stocks in Europe and technology stocks on Wall Street on persisting fears of a global economic slowdown, while benchmark 10-year Treasury yields...
View ArticleOil supply glut to prevent any significant short-term price rise: IEA
Oil prices may have rebounded off 12-year lows struck last month, but any hope for a broader recovery in the market would be misplaced, the IEA said Tuesday, noting OPEC is responsible for the latest...
View ArticleKazakh leader orders $1 bln for house building as snap poll looms
Kazakh President Nursultan Nazarbayev ordered his government on Wednesday to allocate 360 billion tenge ($1 billion) to build affordable housing to support the economy, which has been hit by the long...
View ArticleObama proposes $4.1 trillion 2017 budget
U.S. President Barack Obama proposed a $4.1-trillion spending plan for fiscal year 2017 Tuesday in a final White House budget that met immediate Republican resistance for its cost and reliance on tax...
View ArticleEuropean stocks deepen rout
The relief rally that swept through Europe’s stock markets Wednesday came to an abrupt halt as shares slid for the eighth time in nine days and to hit their lowest levels since September 2013.
View ArticleLagarde assured of second five-year term at IMF helm
IMF chief Christine Lagarde became assured Thursday of a second five-year term after the global financial institution announced there were no other candidates for the position.
View ArticleInternational student housing startup gets $60M
When Luke Nolan was living in Shanghai in the early 2000s, his Chinese friends and neighbors kept asking him to help their children who were going to study in the United Kingdom find places to live.
View ArticleFed evaluating possibility of negative rates in U.S.
Federal Reserve Chair Janet Yellen said the Fed was taking another look at negative interest rates as a potential policy tool if the U.S. economy faltered, after central banks in Europe were able to...
View ArticleFrance’s Total slashes investment to face oil price collapse
French oil company Total said Thursday it had cut its investment target this year as it steps up efforts to drastically cut costs to counter a global collapse in oil prices.
View ArticleAsian markets battered as Tokyo tanks again
A near five percent plunge in Tokyo led another Asian rout Friday, bringing to an end one of the most painful weeks for global investors as fears about the world economy -- and possible recession --...
View ArticleMoody’s warns Russian deficit goal in doubt
Russia’s deficit goal is in jeopardy this year after crude resumed its sell-off, leaving the government few options to stabilize public finances, according to Moody’s Investors Service.
View ArticleECB rate cut likely: Policymakers
There is firm support for a deposit rate cut within the European Central Bank’s Governing Council but appetite for more radical action is still limited, conversations with policymakers indicate a...
View ArticleInvestors turn to Dutch courts to recoup VW losses
Lawyers behind a US lawsuit against Volkswagen have set up a European structure to enable institutional investors around the world to recoup billions of dollars in damages from the German carmaker...
View ArticleFour lies a successful CEO must always tell
About a year ago a friend landed a grand job running a medium-sized company.
View ArticleAI, robots threaten unemployment: scientists
Scientists have warned of the serious prospect of mass unemployment that could affect everyone from drivers to sex workers, triggered by rapid strides in the development of artificial intelligence and...
View ArticleHSBC hints could shift to Paris in case of Brexit
Global banking giant HSBC's chairman Douglas Flint Monday hinted the lender could shift its operations to Paris if Britain votes to leave the European Union in a referendum expected later this year
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