The world’s 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 percent of the planet’s population, reveals Oxfam’s new report, "Time to Care", released ahead of this week’s Davos meeting of business and political leaders.
After a year dominated by trade wars, political turmoil, geopolitical risks and worsening economic data in many countries around the world, 2019 comes to a close. Vanguard, one of the world's largest investment management companies, J.P.
As central banks around the world are experimenting with subzero borrowing costs, Riksbank is worried that negative rates are damaging the economy. Sweden's central bank, ended five years of negative interest rates on Thursday (Dec.
Australia is the world’s greatest loser in economic outcomes this year.
Tiffany & Co has given up the fight to remain an independent company.
Dealmaking in the exchange sector continues to gather pace. Switzerland’s SIX Group and the Pan-European stock market operator Euronext battle to acquire Madrid-based Bolsas y Mercados Españoles (BME), one of Europe’s last substantial independent exchanges.
PSA Group, the French owner of Peugeot and its US-Italian rival Fiat Chrysler Automobiles (FCA) confirmed on Thursday (Oct. 31) the two companies will merge.
Nomura Holdings, the parent company of Nomura Securities, has signed a final agreement with chat giant LINE and LVC Corporation to form a financial business partnership that focuses on blockchain technology.
New Zealand has made the inaugural application for export under the Asia Region Funds Passport (ARFP), a region-wide initiative allowing a managed fund based in one country to be offered more easily to investors in other participating countries.
Multiple drone attacks on key Saudi Arabian oil facilities over the weekend, have shaken up world markets.