An investor shift to stocks over bonds after Donald Trump’s presidential election triggered $1.2 trillion in bond losses, leading analysts to speculate that the 30-year-old bull bond market has reached its turning point. “The volatility […]
To be located in London on land the company already owns, originally intended for such a development. Prior designs, however, had been reportedly rejected. Resulting accommodation for up to 7K employees across the country is cited, up from […]
VPower Group hopes to raise as much as HK$1.94 billion in a Hong Kong initial public offering. The company, which generates electricity from diesel and natural gas engines, said it will use proceeds to expand […]
The International Monetary Fund responded to Egypt’s adoption of reforms by approving a $12 billion bailout package to restore stability and stimulate economic growth. The IMF’s first action was to release $2.75 billion to the […]
Amazon (AMZN -2.6%) notes it’s “been thrilled with customer reaction to the launch of Amazon Music Unlimited in the U.S.” and is “excited to quickly bring the service to customers in the UK.” Priced at £7.99 […]
Citigroup is preparing to move up to 900 jobs from London to Dublin as part of its preparations for Britain’s exit from the EU, the Sunday Times reports. “They have been testing the Irish political […]
Japan’s economic growth handily beat expectations in the July-September period, expanding for a third straight quarter as exports recovered, but weak domestic activity cast doubt on hopes for a sustainable recovery. While GDP grew at […]
U.K. inflation for October unexpectedly slowed to 0.9% on-year, driven down by the price of clothing and university tuition fees. The figures come as BoE Governor Mark Carney prepares to testify to lawmakers about the […]
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