Ray McGuire, who unsuccessfully ran for mayor of New York before becoming president of Lazard Ltd. last month, said the metropolis’s “best days are ahead” even amid housing challenges and competition by other cities to lure companies away.
France’s finance minister joined automaker calls for the European Union to walk back upcoming anti-pollution regulation for car tailpipes that would significantly add to the cost of making combustion-engine cars.
Artificial intelligence is fast becoming the buzzword among investment bankers and private equity firms seeking deals, but any wave of standalone AI IPOs may have to wait until next year.
The debt-limit agreement forged by President Joe Biden and House Speaker Kevin McCarthy heads into a crucial final stretch with less than a week to win congressional passage before a June 5 default deadline.
Weight-loss surgeries among adolescents increased substantially in recent years, part of an overall rise in obesity treatments in the US.
Rishi Sunak won’t push US President Joe Biden for a trade deal during a visit to Washington next week, the UK prime minister’s spokesman said.
US consumer confidence fell to a six-month low as views about the current state of the labor market and the outlook for business conditions slipped ahead of a deal to raise the debt ceiling.
Binance is discussing a proposal to let some of its institutional clients keep their trading collateral at a bank instead of with the crypto platform, a step that could help reduce counterparty risk.
South Africa’s indebted state-owned power utility’s costs to run its diesel-powered units more than doubled as its fleet of coal-fired plants experienced frequent breakdowns.
Transnet SOC Ltd. is pushing ahead with plans to boost private participation in South Africa’s ports and freight-rail networks as the state-owned logistics company’s operational performance deteriorates.
