Shenzhen is getting more special for Xi Jinping. The president of the People's Republic has chosen the city that opened up China’s economy to host the leaders’ summit of the Asia-Pacific Economic ...

The $51 bln Aussie investment bank's squeezed out an anaemic first-half return on equity below 10%. That isn't expected to breach 13% for the foreseeable future. Yet the lender trades at a multiple ...

Brian Moynihan promised more growth, upping the return on tangible equity target to between 16% and 18% at the first investor ...

The ailing payment group has launched a 500 mln euro capital hike backed by Crédit Agricole, BNP Paribas and state fund ...

Industrial giant Eaton is paying 23 times forecast EBITDA for Boyd’s technology keeping data centers temperate. It’s a fast-growth area, but steps removed from the top of the machine-learning pyramid.

The “original sin” of developing nations explains many of the country's woes: half its $450 bln public debt is in dollars, compared with less than 10% for peers. Learning from the errors that led to a ...

The world’s top wind turbine maker’s stock jumped 14% on onshore project profitability. Despite US hostility, AI-driven power ...

A spike in overnight secured funding costs probably has more to do with a temporary cash buildup at the Treasury than broader ...

Zohran Mamdani is unlikely to trigger rampant socialism, high taxes or mass exodus, despite ranting from the 1%. The ...

The US private capital group is paying $6 bln for half of the Danish group's big UK renewables project. Orsted gets cash to ...

Listed vehicles run by non-bank lenders trade at a hefty 11% dividend yield, yet also well below the value of their assets.

The Spanish group’s new plan involves a 50% dividend cut to trim leverage and fund investments. Yet its targets are modest, ...