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Explore breaking news and in-depth analyses on major business events, economic indicators, and policy changes that impact industries and economies worldwide. Stay informed about corporate mergers and acquisitions, leadership changes, and the ever-evolving business landscape.
Janet Yellen warns of jump in US borrowing costs amid debt ceiling standoff
Janet Yellen warned that the impasse over the debt limit could result in a jump in government borrowing costs, as...
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Elon Musk subpoenaed in JP Morgan trial over Jeffrey Epstein ties
Elon Musk has been subpoenaed for documents by lawyers seeking to ascertain whether he was introduced to JPMorgan Chase by...
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Rumors and misconceptions responsible for SVB’s failure, claims ex-CEO
Greg Baker, the former CEO of Silicon Valley Bank, plans to blame an "unprecedented" run on deposits driven by "rumors...
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Federal Reserve’s Barkin sees ‘no headway’ for higher rates if inflation persists
A top US central bank official has said that the Federal Reserve should not be afraid of raising interest rates...
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TPG pushes debt investment with $2.7 billion deal for Angelo Gordon
TPG has agreed to buy loan and real estate manager Angelo Gordon for $2.7 billion as the US private equity...
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EU approves Microsoft-Activation deal despite UK decision to block acquisition
EU regulators have approved Microsoft's $75 billion acquisition of Activision Blizzard, breaking with the UK and US, the gaming industry's...
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US anger over Chinese land ownership exposes deepening rift
The author is A contributing columnist based in ChicagoLooks like the honeymoon is over. China and America have hated each...
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With Erdogan ahead in Turkey’s elections, investors should re-evaluate risks
The writer is chief investment officer, emerging market debt, FIM PartnersDebt and currency investors went into the Turkish election pricing...
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Turkey’s default increases security costs as Erdoğan moves ahead of presidential vote
The cost of buying insurance against default on Turkish bonds has risen to its highest level since November as investors...
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European shares rise as investors expect eurozone rate hikes
European shares rose on Monday as investors welcomed economic data indicating that the central bank's aggressive interest rate hike policy...
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