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HBC to buy Neiman Marcus for US$2.65 billion, combine it with Saks Fifth Avenue
Financial Post· 1 day agoThe owner of Saks Fifth Avenue is close to acquiring Neiman Marcus Group for US$2.65 billion,...
Trying to Kill Chinese Tech Only Makes It Stronger
Bloomberg· 1 day agoChina trails behind the US on R&D. But it is getting a phenomenal bang for its buck. David Fickling is a Bloomberg Opinion columnist covering climate...
Down-and-out U.K. coastal town looks set to elect Trump ally Nigel Farage
AOL· 1 day agoCLACTON-ON-SEA, England — Just a handful of holidaymakers dot the pier of what was once a bustling seaside resort. “He hasn’t proven himself, but we’ll give him a chance,” said Neville Hurling ...
Aramco, Adnoc Are Considering Bids for Gas Producer Santos
Financial Post· 1 day agoState-owned Aramco and Adnoc have been conducting preliminary evaluations of Santos as a possible...
UAE's $30 Billion Alterra Fund Readies New Round of Allocations
Financial Post· 1 day agoAlterra, which struck deals worth $6.5 billion with BlackRock Inc., TPG Inc. and Brookfield Asset...
Fed Sought More Evidence of Cooling Inflation, June Minutes Show
Financial Post· 1 day agoMinutes from the two-day Federal Open Market Committee gathering ended June 12 showed officials...
Wall Street on Alert for Biden Exit as Trump-Win Trades Mount
Financial Post· 1 day agoThe recalibration of portfolios kicked off at the end of last week after Biden’s disastrous debate...
Markets see less than 50% chance Joe Biden stays in race as Trump trades mount
Financial Post· 1 day agoThe red-hot Washington debate over whether President Joe Biden will scrap his run for re-election is...
Vale picks mining veteran Shaun Usmar to lead base metals turnaround
Financial Post· 1 day agoVale SA has selected veteran mining executive Shaun Usmar to take the helm of its base metals...
ECB's Stournaras Sees Two More Rate Cuts in 2024 as 'Reasonable'
Financial Post· 1 day agoAfter lowering borrowing costs by a quarter-point last month, the ECB is weighing whether inflation...