Floods in US Northeast Forecast to Bring $5 Billion in Damages
The flooding across the Northeast that left one woman dead in New York, closed rail lines and devastated Vermont could bring as much as $5 billion in losses, according to one estimate.
The flooding across the Northeast that left one woman dead in New York, closed rail lines and devastated Vermont could bring as much as $5 billion in losses, according to one estimate.
Singapore state-owned investor Temasek Holdings Pte is set to hold talks with Ant Group Co. to understand why it slashed its valuation before it decides whether to take part in a planned share buyback, according to Chief Investment Officer Rohit Sipahimalani.
Bonds linked to the world’s biggest oil company have ended up in ESG funds, highlighting a major flaw in how the sector is regulated.
Four-week average shipments fall below February average with lower volumes from western ports
Toxic chemicals were found in Indian-produced medicine that led to the deaths of dozens of children. It revealed how poorly the country’s pharmaceutical industry is policed.
And at the Four Seasons Boston, the future is already here.
JPMorgan Chase & Co. hired Silicon Valley Bank veteran John China to co-lead the business of banking venture capitalists and startups, part of the firm’s growth strategy for the sector.
Former Millennium Management executive Bobby Jain is assembling a team as he seeks to launch the largest-ever hedge fund.
Nacho Gutierrez-Orrantia, one of Citigroup Inc.’s top bankers in Europe, is set to stay at the firm following reports he will leave for Spanish gas distributor Naturgy Energy Group SA, people with knowledge of the matter said.
Industries including metals producers are bracing for curbs on electricity supplies in Sichuan province, as parts of China grapple with extreme weather that’s lifting demand and disrupting hydropower generation.