Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:19
US Economy Grew 5.2% in Third Quarter, More Than First Estimated
The US economy grew at an even faster pace in the third quarter than originally estimated, reflecting upward
2023-11-29 22:15
Milei Announces Luis Caputo as Argentina’s Economy Minister
President-elect Javier Milei let slip his choice of economy minister during a radio interview Wednesday morning, saying that
2023-11-29 21:49
GM to Hike Dividend, Buy Back $10 Billion of Slumping Stock
General Motors Co. will boost its dividend by 33% and repurchase $10 billion of shares — its biggest-ever
2023-11-29 20:59
Sibanye Cuts US Jobs to Lower Costs After Palladium Slumps
Sibanye Stillwater Ltd. plans to cut jobs at its US platinum-group metals operations to lower costs, after palladium
2023-11-29 19:46
OECD Warns Global Economy Risks Losing Momentum
The world’s advanced economies are heading into a deepening slowdown as markedly higher interest rates take a hefty
2023-11-29 18:29
Binance’s Reboot Faces Test in Thailand After $4.3 Billion US Fine
Binance Holdings Ltd.’s attempt to turn the page on costly regulatory violations faces a test in Thailand, where
2023-11-29 17:54
Public Debt Markets Just Got Their First Cyber-Catastrophe Bond
For the first time, a cyber-catastrophe bond has made its way into public debt markets. Long Walk Reinsurance
2023-11-29 16:18
Thai central bank holds key rate steady, trims growth outlook
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand's central bank left its key interest rate unchanged on Wednesday as
2023-11-29 15:53
Global Bonds Surge Toward Best Month Since 2008 Financial Crisis
Global bonds are soaring at the fastest pace since the 2008 financial crisis. A Bloomberg gauge of global
2023-11-29 14:50
US Life Expectancy Improved in 2022, Rebounding from Covid Lows
Girls and boys born in the US last year both saw their life expectancy improve, the first increases
2023-11-29 13:28
India Telecom Tycoon’s Firm Plans Its Biggest-Ever Rupee Bonds
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
2023-11-29 12:47