To deliver value, financial advisors must know how to evaluate global AI investments. Morningstar researchers share a ...

Compared with peers, CIB has better room to lower its funding costs by replacing high-cost interbank funding with retail deposits at a lower cost.

On Thursday, Starboard Value disclosed a 9% ownership stake in Tripadvisor's stock of just under 10.64 million shares, or about$159.4 million based on the stock's closing price of $14.99 a share on ...

To fund its investments and crystallize value, EDPR resorts to asset sales. In March 2023, it issued EUR 1 billion of shares to fund its 2023-26 investment plan. This resulted in a limited 5% dilution ...

A major part of the funding is coming from the LEAF Coalition, which has raised more than $1 billion to sponsor projects like Amazon's. LEAF was co-founded by Amazon along with governments like Norway ...

"The June jobs report suggests the underlying trend in the economy was very tepid in June and in the second quarter," said Bill Adams, chief economist of Comerica. Let's start with the headline ...

Autostore Holdings Ltd. was the biggest leader among large stocks during the session, jumping 10.3%, and Stolt-Nielsen Ltd. rose 7.1%. Vestas Wind Systems A/S rounded out the top three leaders on ...

-- AstraZeneca is in talks with Summit Therapeutics for a deal in which it could pay as much as $15 billion over time to license a lung-cancer drug, Bloomberg reported Thursday, citing people familiar ...

Corporate banking is China Citic Bank's flagship business, which boasts a solid customer base of large-scale state-owned enterprises. This is underpinned by its strong connection with its parent China ...

Nippon Steel plans to raise up to $5.6 billion in subordinated loans, as part of efforts to strengthen its balance sheet following its acquisition of U.S. Steel.

'I inherited $240K. Do I pay off my $258K mortgage and downsize my house and job?' ...

Biggest part of the U.S. economy rebounds from trade-war blues. But it's still weak. The large service side of the economy rebounded in June after a brief slump in the prior month when U.S. trade wars ...