Apollo Global Management Inc. is combating a campaign to toughen rules for corporate pension plans that want to offload their obligations to insurers, a crucial growth area for its Athene retirement annuities business.
Greece is in the cross hairs as heat builds across the Mediterranean, with temperatures expected to climb toward a European record by the middle of next week.
Turkey is draining lira liquidity at a record pace and has made it more expensive for banks to offer a tool designed to support the currency, as the government tries to shift to more market-friendly policies.
The one-time king of the bond world is talking down the Treasury market.
American Express Co.’s second-quarter revenue rose less than analysts expected as spending growth on the firm’s cards slowed to the lowest level in more than two years.
The union representing more than 7,000 dockworkers at two of Canada’s busiest ports is set for a key vote on a new contract on Friday, potentially putting an end to labor unrest that has temporarily disrupted billions of dollars in trade.
Canadian consumers may be ready to wind down their spending, with retail sales data showing waning momentum at the end of the second quarter.
Singapore’s Temasek Holdings Pte plans to commit as much as $10 billion to India in three years, betting that the country can become a top driver for growth.
European property stocks are set for a fourth-straight week of gains amid easing interest rate expectations, but Barclays Plc analysts warn that investors are overly optimistic.
Amazon.com Inc. plans to build a $120 million satellite-processing facility in Florida to support Project Kuiper, an initiative to sell internet access from space.
