The $1bn of preferred equity it invested became a flash point, as the Federal Reserve’s aggressive rate rises sent shockwaves through high-yield bond and leveraged loan markets. Vista had to borrow ...
However frustrating the courts may be, better the occasional errors of a free judiciary than the chaos of a cowering legal ...
US consumers face even steeper rises in the price of coffee and chocolate as a result of US President Donald Trump’s new tariffs on the world’s largest producers.
“Just tell me how things will end up!” It’s a question on many minds as the global economy undergoes a genuine paradigm shift ...
The US has “no plans” for a “sudden” US withdrawal from Europe’s defence, Nato’s secretary-general has said, adding that any shift towards Asia would be “co-ordinated” with European allies. Mark Rutte ...
S&P Global estimates that deepwater will grow to roughly 20mn barrels of oil equivalent per day by 2030, representing 20 per cent of global production. In comparison, it estimates that shale is ...
Pioneer of open banking will use $575mn raised from BlackRock and others to cover employee taxes and share buybacks ...
The dollar slumped on Thursday and global stock markets dropped as investors rushed to price in growing damage to the world’s ...
Scope warned that Trump’s “reciprocal tariffs” will “increase inflation, slow economic growth, and lead to disruption of ...
“We are becoming increasingly concerned that the dollar is at risk of a broader confidence crisis,” George Saravelos, head of FX strategy at Deutsche Bank, wrote in a note he sent out to clients this ...
For free trade agreements, there are usually product-specific rules that determine whether an exported good is local enough to benefit from the agreement’s preferential tariff treatment. So far, under ...
Donald Trump’s “liberation day” tariffs present a severe risk to a US economy that is already rapidly losing momentum, with ...