The head of Deloitte’s US operations has been chosen as the Big Four accounting firm’s next global boss, handing the reins to an executive from the audit side of the...
Monte dei Paschi di Siena has covered 93 per cent of its controversial €2.5bn rights issue despite a meagre take-up by the bank’s shareholders.The Italian state contributed €1.6bn to the...
Private equity deals are not quite dead. But vendor companies may just have to wait to get all their cash. Blackstone is acquiring a majority stake in Emerson’s air conditioning...
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The UK has called off its probe into Czech billionaire Daniel Křetínský’s plans to increase his stake in Royal Mail, bringing to a close one of the first reviews to...
Elon Musk can thumb his nose at Opec: an oil supply cartel holds no fears for an electric vehicle tycoon. He cannot afford complacency when it comes to metals vital...
The first thriller everyone is talking about is The Watcher. New to Netflix, it is a dramatisation of the real-life story of Derek and Maria Broaddus, who, in 2014, bought...
Blackstone has agreed to buy a majority stake in Emerson Electric’s climate technologies business in a deal that values the industrial conglomerate’s unit at $14bn and was arranged at a...
The coronavirus crisis had a larger negative effect on the UK’s retail and transport sectors than previously thought, leaving their contribution to the economy still far short of pre-pandemic levels,...
Global plans to electrify economies and cut carbon emissions could be slowed down by copper shortages, the head of the world’s largest listed producer of the metal has warned.Richard Adkerson,...