Business

Bank mergers are picking up speed across the United States as financial institutions position themselves for expected changes in federal oversight and a more favorable deal-making environment. Mid-sized and regional banks are leading the charge, with several high-profile transactions...

The electric vehicle revolution, once seen as unstoppable, is now undergoing a dramatic correction as major carmakers around the world grapple with the financial reality of their ambitious bets. In the past year alone, leading automotive companies have collectively...

Asia’s growing economic strength took center stage at a recent international conference organized by the International Monetary Fund, where policymakers, economists, and global financial leaders gathered to discuss the shifting balance of economic power in the world. The event...

Zurich Insurance Group has taken a major step in expanding its global insurance presence by launching a large share placement to help finance its acquisition of British specialty insurer Beazley. The Swiss-based insurance giant successfully raised approximately CHF 3.9...

After enduring a four-month slump that pushed the U.S. dollar to its weakest levels in years, global currency markets are now hinting at a potential near-term rebound as economic data and investor sentiment begin to shift. The U.S. dollar...