Wall Street Shrinks Headcount by 21,000 as Dealmaking and Trading Slump
Wall Street’s biggest banks whittled down their ranks by about 21,000 people in the first six months of
2023-07-19 23:27
China to increase support for private firms to bolster recovery
By by Ella Cao and Kevin Yao BEIJING (Reuters) -China on Wednesday pledged to make the private economy "bigger, better
2023-07-19 22:23
Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
2023-07-19 21:23
Merger Rules Get Tougher in Crackdown by US Antitrust Enforcers
US antitrust agencies stepped up the Biden administration’s crackdown on mergers and acquisitions with a sweeping overhaul of
2023-07-19 17:23
Gucci CEO Bizzarri to Leave as Label’s Slump Drags on Kering
Gucci Chief Executive Officer Marco Bizzarri is set to leave the brand as owner Kering SA moves to
2023-07-19 15:24
Macron Rebuke Forces Big Tech Adviser to Quit EU Economist Job
A former adviser to Silicon Valley has walked away from a post as the European Commission’s chief competition
2023-07-19 15:20
Singapore Presidential Race Attracts One More Ex-GIC Veteran
The former chief investment officer of Singapore sovereign wealth fund GIC Pte. and chairman of multibillion-dollar investment firm
2023-07-19 11:20
Morgan Stanley Moves 200 Technologists Out of China on Data Law
Morgan Stanley is shifting more than 200 technology developers out of mainland China after the country tightened access
2023-07-19 08:54
Philippines Faces Challenging Path to $9 Billion Wealth Fund
Philippine President Ferdinand Marcos Jr. has enacted a measure creating what will be the nation’s first-ever sovereign wealth
2023-07-19 08:20
Microsoft’s New Corporate AI Products Will Come With A Hefty Price Tag
Microsoft Corp. said new corporate artificial intelligence tools that work with Office software, called Microsoft 365 Copilot, will
2023-07-18 23:53
Meta opens AI model to commercial use, throwing nascent market into flux
By Katie Paul NEW YORK Meta is releasing a commercial version of its open-source artificial intelligence model Llama
2023-07-18 23:45
Morgan Stanley’s Dealmaking, Trading Businesses Dent Earnings
Morgan Stanley rose the most in six months after company executives said the worst may be over for
2023-07-18 22:18