Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, shows no signs of slowing his protracted acquisition spree, making an unsolicited €5 billion ($5.5 billion) offer to buy Bollore SE’s logistics arm.
The owner of Kay Jewelers and Zales is targeting as much as $10 billion in annual sales within the next five years, projecting a rate of growth that’s faster than Wall Street’s expectations.
Scottish First Minister Humza Yousaf set out his plan to reduce poverty, support small businesses and use all his government’s power to mitigate the effects of what he called the UK’s failed economic model.
Crypto exchange Coinbase Global Inc. may consider moving its headquarters outside the US unless the country changes its approach to regulation, Chief Executive Officer Brian Armstrong said.
The potential presidential contender has remodeled his state as a conservative citadel, even as Republicans grow fearful of alienating moderate voters
Federal Reserve Bank of St. Louis President James Bullard said he favored continued interest-rate hikes to counter persistent inflation, while recession fears are overblown.
Brookfield Corp. funds have defaulted on a $161.4 million mortgage for a dozen office buildings, mostly around Washington, DC, as rising vacancies hit property values.
Investor allocation to equities relative to bonds has dropped to its lowest level since the global financial crisis as worries about a recession take hold, according to Bank of America Corp.’s global fund manager survey.
JPMorgan Chase & Co., which is facing a lawsuit by a Jane Doe victim of Jeffrey Epstein, is trying to learn the identity of another Jane Doe making similar claims against Deutsche Bank AG.
Bank of New York Mellon Corp. reported total deposits for the end of the first quarter that beat analyst estimates, in a sign the bank weathered the turmoil that’s engulfed some smaller lenders.
