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 ...

US worker output since the pandemic has grown more quickly than in dud decades like the 1980s and 2010s. Problem is, the costly AI boom seems to have little to do with it. That might not be so ...

WASHINGTON, Aug 22 (Reuters Breakingviews) - President Donald Trump might get a rate cut. In his final speech at the annual Jackson Hole confab, Federal Reserve Chair Jerome Powell signaled an ...

The central banker, besieged by Donald Trump, used his last Jackson Hole speech to signal a rate cut. Yet the case for easing is that harms to inflation and jobs from the trade war are in tenuous ...

Rachel Reeves may look again at stamp duty. Swapping the levy for a permanent tax could initially cost 10 bln pounds, making life harder for the finance minister fiscally. But given doing so could aid ...

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 ...