The likes of $155 bln Accenture are culling staff amid an artificial intelligence boom. Still, consultants’ clients are ...
The Czech billionaire injected over $1 bln into the French grocer last year. But it remains lossmaking, making a covenant ...
Though the Great Crash of 1929 preceded the Great Depression, weak banks and a shaky property market were bigger contributors ...
India's largest companies are struggling to fit in, quite literally. Officials are easing rules on minimum free floats and offer sizes to smooth the way for big initial public offerings. It bridges a ...
The bank has lagged peers in results and its boss’s pay, with Jane Fraser earning $23 mln less than rivals since 2021. Like them, she’s adding board chair to her role, with extra compensation. If she ...
Startups pursuing physics-bending computers are angling for public funds, raising the specter of taxpayer equity stakes. Advances that could bust encryption and more should draw White House attention.
A recent mega-LBO and a record $31 bln in asset sales make clear that private equity’s post-Covid funk is ending. Yet Steve Schwarzman’s empire, which relies on lending, is beset by default fears as ...
Upcoming US inflation figures will be harder to parse without official stats on jobs and wages. Some 1.5 mln fewer immigrants skew supply while AI investment blunts muted demand. The longer the ...
Donald Trump’s sanctions on Rosneft and Lukoil, which ship half Moscow’s crude, only sent prices up 5%. Ample non-Russian ...
Beijing's new export rules make stockpiling and re-routing the critical minerals even harder. This adds urgency for the US to ...
Prices rose at a 3.8% annual rate in September, which was less than economists feared but still too high for comfort. The ...
The streaming giant’s 17% rise in quarterly revenue and chunky operating margin belie a looming threat. YouTube attracts more ...