Britain has not experienced a marked downturn in its economic growth since its vote to leave the EU, and businesses intend to move forward with short-term investments and hiring plans, the Bank of England’s Agents’ […]
The UK’s Brexit path is likely to play out in one of four scenarios, according to the Financial Times: hostile divorce, clean break, amicable transition or not at all. Financial Times (tiered subscription model) (20 […]
The way is clear for Exxon Mobil (NYSE:XOM) to buy InterOil (NYSE:IOC) after Oil Search (OTCPK:OISHF) announced it was dropping out of the bidding. Oil Search and Total (NYSE:TOT) had jointly offered to buy IOC […]
AB InBev (NYSE:BUD) and SABMiller (OTCPK:SBMRY) have received approval for their $107B merger from U.S. antitrust regulators after the companies agreed to unload beer assets and preserve competition from independent craft brewers. The DOJ approval […]
Tesla Motors (NASDAQ:TSLA) unveiled its Secret Master Plan Part 2 in a blog post overnight. Highlights include an all-in bet on autonomous driving, ride sharing initiatives, urban transport concepts, and new models including pickups and […]
Wells Fargo plans to unveil an online automated investing platform, or robo-adviser, in the first half of 2017, says Tim Sloan, chief operating officer. The service will appeal mostly to millennials, and because those customers […]
The first major strikes of what is expected to be a wave of industrial actions are being launched in South Korea as the economy struggles. Unions are demanding substantial wage increases while resisting restructuring plans […]
The International Monetary Fund cut its global economic growth projections by one-tenth of a percentage point to 3.1% this year and 3.4% next year to reflect the likely consequences of the UK’s surprise decision to […]
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