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China quietly increases purchases of low-priced Russian oil
Breadcrumb Trail Links PMN Business Author of the article: Reuters Chen Aizhu and Florence Tan Article content SINGAPORE — China…
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Gold dips; set for first weekly gain in five as dollar falls
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 19, 2022 • 28 minutes ago • 1 minute…
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U.S. CDC backs COVID boosters for children 5 to 11
Breadcrumb Trail Links PMN Business Author of the article: Reuters Manas Mishra and Michael Erman Article content The U.S. Centers…
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Bank Indonesia to pull rates lever in Q3, June move possible
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 19, 2022 • 17 minutes ago • 2 minute…
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China ends ban on Canadian canola amid global shortage of cooking oils
Breadcrumb Trail Links Commodities Agriculture Extreme scarcity in food staples may be forcing Xi Jinping’s government to reconsider geopolitical grudges…
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Globalive strikes network deal with Telus to boost its chances to buy Freedom
Breadcrumb Trail Links Telecom News Analyst says deal may spur Rogers to sell wireless assets to Quebecor instead Publishing date:…
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Nodal Exchange Environmental Markets Hit New Daily Volume and Open Interest Records
Article content WASHINGTON & CHICAGO — Nodal Exchange posted a new daily volume record and established a record level of…
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Brookfield Asset Management makes £4bn swoop for HomeServe
Brookfield Asset Management has agreed to buy London-listed repair services company HomeServe in a £4bn deal. The Canadian alternative investment giant…
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The case of the taxpayer who was dinged with a taxable benefit for taking a business trip
Breadcrumb Trail Links Taxes Personal Finance Jamie Golombek: A judge concluded no portion of the trip’s cost should have been…
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U.S. Aims to Cripple Russian Oil Industry, Officials Say
BERLIN — The Biden administration is developing plans to further choke Russia’s oil revenues with the long-term goal of destroying…
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Philippine peso firms after rate hike, Asian stocks fall on growth fears
Breadcrumb Trail Links PMN Business Author of the article: Article content The Philippine peso firmed on Thursday after its central…
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Gold flat as lofty dollar, firmer U.S. bond yields dim appeal
Breadcrumb Trail Links PMN Business Author of the article: Article content Gold prices were flat on Thursday, as an elevated…
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More Ukraine fighters surrendering in Mariupol, Russia says
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 18, 2022 • 18 minutes ago • 3 minute…
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Canada’s regulatory hurdles on major projects ‘causing problems’ for investors: Enbridge CEO
Breadcrumb Trail Links Oil & Gas FP Energy Commodities Al Monaco warned that Canada has failed to capitalize on its…
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DataVisor Builds Strong Momentum in the Fiscal Year Ending in March 2022
Article content Near 3X growth in Annual Recurring Revenue (ARR) in the last fiscal year Double the number of new…
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Stellantis sees India as profitable auto market amid challenges in China, Russia
Breadcrumb Trail Links PMN Business Author of the article: Article content NEW DELHI — Stellantis chief Carlos Tavares expects India…
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Fears for Mariupol defenders after surrender to Russia
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 18, 2022 • 30 minutes ago • 4 minute…
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Japan’s GDP shrinks as surging costs raise specter of deeper downturn
Breadcrumb Trail Links PMN Business Author of the article: Reuters Daniel Leussink and Tetsushi Kajimoto Publishing date: May 17, 2022…
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UK cost of living crisis to peak later this year, BoE to press on with rate rises
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 17, 2022 • 23 minutes ago • 3 minute…
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China Eastern crash probe eyes intentional action – sources
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 17, 2022 • 12 minutes ago • 3 minute…
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Venezuela’s Maduro, opposition expected to talk; U.S. eases some sanctions -sources
Breadcrumb Trail Links PMN Business Author of the article: Reuters Vivian Sequera and Matt Spetalnick and Marianna Parraga Article content…
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Retail spending increased 0.9% in April, boosted by demand and inflation
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as…
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Activist investor who went after Shell takes stake in Suncor
Breadcrumb Trail Links Oil & Gas News FP Energy Commodities Daniel Loeb’s Third Point is the second big activist to…
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Retail sales rise for the fourth straight month as prices keep climbing.
Retail sales rose 0.9 percent in April, increasing for the fourth consecutive month, as consumer prices continue to escalate at…
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Schroders’ hunt for climate experts shows newest front in ESG talent war
Asset managers are on the hunt for experts who can help them meet their ambitious net-zero emissions targets — and are willing…
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BlackRock, Franklin and Polar tech funds hit as rout wipes 30% off investor holdings
Some of Europe’s largest technology funds are nursing losses of more than 30% this year, as a brutal sell-off across the sector drags…
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Fund manager M&A frenzy spills into first quarter as global deals reach $18bn
The wave of fund manager M&A that drove global deal numbers to a record high last year has run into 2022, with the…
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Citigroup launches new VC and family office team with Tobi Ali at the helm
Citigroup is launching a new team of dealmakers to focus on venture capital firms and family offices, the latest appointment…
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Trudeau government stands firm on new dairy rules despite anger from U.S. milk lobby
Breadcrumb Trail Links News FP Economy With global food security threatened, Ottawa says it must preserve supply management system Publishing…
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Goldman Sachs says senior bankers are free to take as much time out as they want
Goldman Sachs rolled out a new policy that will allow its most senior staff to take as much leave as…
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South Korea and the new geoeconomics of Asia
The global economic order is at an inflection point. South Korea, the 11th largest economy and a technologically advanced democracy,…
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Trading Places: Magic Circle’s record promotions, banks poach for ESG and private markets
The City’s banks and professional services firms had another busy week on the hiring front, trying to cash in on…
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FCA warns greenwashing risks trust in $1bn carbon market as firms race to net zero
The City watchdog warns that greenwashing could damage trust needed to offset carbon in the race to net zero. At…
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Crypto’s Wild West needs taming, IOSCO says: ‘It’s time for a sheriff to come to town’
The secretary general of the International Organisation of Securities Commissions, Martin Moloney, said regulators must brace for a new era…
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Fed Chair Says Bringing Inflation Down Will Take ‘Some Pain’
Jerome H. Powell, the Federal Reserve chair, said in an interview on Thursday that lowering inflation is likely to be…
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What you need to know about Pierre Poilievre’s threat to fire Tiff Macklem
Breadcrumb Trail Links News FP Economy The frontrunner to lead the Tory party is going after the head of the…
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Law firm Ince launches internal inquiry after accusations of ‘inappropriate’ behaviour in Cardiff restaurant
Law firm Ince has launched an investigation after a group of diners — which included its chief executive Adrian Biles —…
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‘We’re not getting it perfect’: Carolyn Rogers says the Bank of Canada is learning from its mistakes
Breadcrumb Trail Links News FP Economy Kevin Carmichael: With the benefit of hindsight, it’s apparent central banks overdid it; their…
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BlackRock downgrades outlook for Chinese assets citing ‘Beijing’s ties to Russia’
BlackRock has downgraded its outlook for Chinese stocks and bonds on the back of weakening growth expectations and geopolitical risks…
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Child-care benefits could help ease the worker crunch, an advocacy campaign says.
Almost half of mothers with young children who left the work force cited child care as a reason for the…
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Coinbase says it is bleeding users as Nasdaq and bitcoin continue to fall
The biggest cryptocurrency exchange in the US said it was bleeding users, reflecting continued destruction in the crypto market and…
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Fed’s Waller promises to tackle inflation, says mistakes of the ’70s won’t be repeated
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation…
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Tech stock rout sees Tiger Global lose $17bn
The hedge fund Tiger Global has lost roughly two-thirds of the cumulative gains it has made for investors since its…
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Linklaters rolls out global menopause policy for staff
Law firm Linklaters has set out a global menopause policy to provide support for employees going through it, raise awareness…
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TerraUSD falls below its fixed value, triggering crypto selloff
One type of cryptocurrency, a so-called stablecoin, is meant to keep its value at $1. But on 9 May, the…
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Bitstamp CEO Julian Sawyer leaves crypto exchange in surprise move after less than 18 months in role
Julian Sawyer who was serving as chief executive at cryptocurrency exchange Bitstamp has left the company effective immediately. In a…
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Home affordability is nearly the worst on record as mortgage rates spike
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just…
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Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point, the most aggressive…
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Fed’s Neel Kashkari confident inflation can come down, but not without some pain
Neel Kashkari Anjali Sundaram | CNBC Minneapolis Federal Reserve President Neel Kashkari said Monday he’s confident inflation will come back…
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BP, Shell shareholders warn against ‘meddling’ windfall tax
Bumper profits at Shell and BP have reignited calls for a windfall tax on oil giants to combat soaring energy…
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