Nasdaq, S&P 500 Scale New Peaks As Focus Turns To Earnings, Economic Data
Wall Street's main indexes rose on Monday, with the Nasdaq and the S&P 500 hitting record highs, as investors…
U.S. Asks Court To Dismiss Government Appeal Of TikTok Ruling
The Biden administration on Monday asked a federal appeals court to dismiss the Justice Department's legal…
India’s Paytm Seeks To Raise $268 Mln In Pre-IPO Share Sale-Source
Indian digital payments firm Paytm is planning to raise $268 million in a funding round as it prepares for an…
Walmart’s Flipkart Raises Fresh Funds For $38 Billion Valuation As IPO Looms
Walmart Inc-owned Flipkart on Monday ushered back SoftBank Group Corp (9984.T) as an investor in a $3.6 billion…
After U.S. Push, EU Pauses Tax Plan, But Ireland Sticks To Its Guns
The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S.…
Analysis: Dealmakers See M&A Rush, Then Chills, in Biden’s Antitrust…
Dealmakers expect a new wave of transformative U.S. mergers and acquisitions (M&A), as companies rush to…
Factbox: Richard Branson: Daredevil Billionaire Entrepreneur Set To Fly To Space
Flamboyant British entrepreneur Richard Branson is set to fly to space on a Sunday test flight by his Virgin…
Billionaire Branson Soars To Space Aboard Virgin Galactic Flight
British billionaire Richard Branson on Sunday soared more than 50 miles above the New Mexico desert aboard his…
ECB To Change Policy Guidance At Next Meeting, Lagarde Says
The European Central Bank will change its guidance on the next policy steps at its next meeting to reflect its new…
Credit Suisse’s Swiss Compliance Chief Floriana Scarlato Quits Immediately
Credit Suisse (CSGN.S) said on Monday that Floriana Scarlato is quitting "with immediate effect" as compliance head…
Analysis: China’s RRReminder That Economies Remain Fragile
China's decision on Friday to give its economy a 1 trillion yuan ($154 billion) shot in the arm has given investors…
South Korea’s Container Squeeze Throws Exporters Into Costly Gridlock
Unable to get a slot on a container vessel, Lee Sang-hoon is considering using fishing trawlers docked for repair…
Multinationals Tax Shift Unlikely Until 2022, Says Yellen
U.S. Treasury Secretary Janet Yellen on Sunday said that a newly endorsed mechanism to allow more countries to tax…
Exclusive White House To Target Bank Mergers, Financial Data With Competition…
President Joe Biden's planned executive order to promote greater U.S. competition will target bank mergers by…
Biden’s Executive Order To Promote Competition In The U.S. Economy Includes…
President Joe Biden will sign an executive order on Friday that includes 72 initiatives he wants over a dozen…
Bitcoin, Ether Tumble As Investors Take Off Risk Amid Global Markets Slide
The price of bitcoin dropped Thursday as investors began shedding risk amid an equity markets decline. Fears of a…
Swedish Crypto Scammer Sentenced To 15 Years In Prison
A Swedish man wanted by the United States for defrauding over 3,500 victims of more than $16 million has been …
Instacart Taps Facebook App Head Simo As CEO
Instacart named Facebook Inc (FB.O) app head Fidji Simo as its chief executive officer on Thursday, adding big tech…
French Anti-Trust Decision On Google’s Copyright Talks With Publishers Due…
France's anti-trust watchdog will make a decision in the coming days over the way Google (GOOGL.O) held copyright…
Fintech Circle To Merge With Bob Diamond-Backed SPAC In $4.5 Bln Deal
Circle, which provides payments infrastructure for digital currencies, said on Thursday it would go public in a…
Facebook ‘Lost’ Important Rule On Dangerous Individuals For Three…
Facebook "misplaced" guidance on an important exemption to its rules on dangerous individuals and organizations…
Labor Monitor Flags ‘Weaknesses’ In Mexico’s Drive To Boost…
Mexico's effort to stamp out employment contracts signed behind the backs of workers has "significant weaknesses"…
ECB Failed To Agree On New Guidance, To Revisit July 22 – Sources
European Central Bank policymakers failed to agree on a new policy guidance when they finalised the conclusion of a…
Banks Tighten Grip On FX Market As Algo Trading Rises – Survey
Top global banks consolidated their stranglehold on the $6.6 trillion a day global foreign exchange market last…
Analysis: A Fine Mess: Weak Inflation Prompts A Global Central Bank Reset
It is an article of faith among central bankers that the decisions they make about how much money to create and…
Virus Woes And Tech Crackdown Hammer Stocks; Bonds Rally
Asian stocks fell to a six-week low on Thursday as an extended selloff in tech shares in Hong Kong and rising virus…
EU Fines Volkswagen, BMW $1 Bln For Emissions Cartel
The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on…
Post-Fed Taper Tantrum? Not This Time, Market Strategists Say
Global markets won't have a violent "taper-tantrum" like they did in 2013 even as though U.S. Federal Reserve is…
Exclusive Frustrated By Delays, Tokyo 2020 Sponsors Cancel Booths, Parties
Japanese Olympics sponsors are cancelling or scaling back booths and promotional events tied to the Tokyo 2020…
Dollar Firm Near 3-Month High After Fed Minutes Affirm Taper Timeline
The dollar hovered near a three-month high versus major peers on Thursday after minutes of the Federal Reserve's…