Global corporate bond returns just hit their highest level this year on bets that the inflation crisis is coming to an end. Some investors say this may be as good as it gets, with dangers lurking in credit markets for the second half.
More than 40 nations have indicated an interest in joining the BRICS bloc of major developing economies as it seeks to expand to grow its political clout, South Africa’s ambassador to the group said.
Real estate investment trust Rithm Capital took on $1.4 billion of loans from Goldman Sachs Group Inc. as the Wall Street giant rid itself of consumer borrowings from its Marcus unit.
A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s massive debt load reached a pivotal moment last month, during a meeting with Chief Executive Ernie Garcia.
Australia and New Zealand broke sporting attendance records Thursday, after more fans packed into the opening two matches of the Women’s World Cup than any other female sporting event in those countries.
Google lost a bid to dismiss a lawsuit by an engineer who claims he was fired for challenging a paper the company published that touted the ability of artificial intelligence to speed the design of computer chips.
Finland told Russia to close its consulate on the southwestern coast, deepening a diplomatic dispute between the neighbors.
Chris Kalin is best known for turning the niche business of countries offering citizenship to wealthy foreigners into a multibillion-dollar industry, earning him the nickname “Passport King.”
Large-scale aircraft orders are a trend that’s set to increase in the near future as supply chain-issues continue to snag the aviation industry and create a scarcity of available aircraft, according to Avolon Holdings Chief Executive Officer Andy Cronin.
Marc Tessier-Lavigne built one of the most stellar reputations in academia.
