Dongfeng’s state-backed majority owner is taking the unprofitable manufacturer private at a $7 bln valuation and spinning off an EV unit. It’s a good deal for long-suffering minority investors. But ...

A small paradox is gripping India's capital markets. The rise of institutional investors is pushing down overall shareholding levels of powerful private backers of companies, including tycoons. But ...

Rachel Reeves may look again at stamp duty. Swapping the levy for a permanent tax could initially cost 10 bln pounds, making ...

The central banker, besieged by Donald Trump, used his last Jackson Hole speech to signal a rate cut. Yet the case for easing ...

US worker output since the pandemic has grown more quickly than in dud decades like the 1980s and 2010s. Problem is, the ...

Revenue growth is already slipping below 10% at Salesforce, Adobe and elsewhere. The trend may continue as large language ...

Sometimes China’s leaders throw markets a curveball, and the latest could prove curvier than most: the country's State ...

TV group Nexstar is buying rival Tegna, touting vast reach and hefty consolidation. The ordinary snag would be that this well ...

Rheinmetall, Renk and peers collectively shed $15 bln of value, or 5%, after a White House summit involving Ukraine, Germany, ...

Online celebrities trouser $11 bln from bigging up companies’ products on social media. That golden goose may get cooked if ...

The fast-fashion group moved to Singapore to look more international but couldn't secure a public debut abroad. So Shein ...

The buyout shop is in talks to acquire software developer Dayforce for $11 bln. Public markets that once gave cloud darlings ...