Danske Bank believes it will cost about $2bn in fines to resolve one of the largest money-laundering scandals on record as it nears a solution with US and Danish authorities.Denmark’s...
Franco-Italian chipmaker STMicroelectronics has warned revenue growth will slow in the coming months, but reiterated its full-year guidance despite a semiconductor downturn and US trade controls that have rocked the...
The end of the world is the end of the world no matter how rich and powerful you are. The ‘adpocalypse’ FTAV first wrote about after relative small-fry Snap issued...
The latest restructuring at Credit Suisse includes a SFr4bn ($4.05bn) capital raising and a redoubled focus on wealth management.Potential clients are entitled to ask this: how well will you manage...
Altria, the cigarette maker behind the Marlboro brand in the US, has launched a joint venture with Japan Tobacco in its latest push into the burgeoning market for smoke-free alternatives....
On Monday, the wholesale spot price of European natural gas went negative. For an hour, suppliers were willing to pay almost €16 to someone able to suck up a megawatt...
US regulators will decide this week whether investors can place market bets on elections, a move that critics warn would muddy the distinction between trading and gambling on American democracy.The...
US-based investment manager Nuveen is buying Arcmont Asset Management, one of the largest private lenders in Europe, for over $1bn as traditional asset managers acquire fast-growing private capital firms in...
Economic growth rebounded over the summer, the latest government data shows, but slowing consumer spending and a rapidly weakening housing market mean the report will do little to ease fears...
The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing inflation fears, the Bureau of Economic Analysis reported Thursday.GDP, a...