An extremely rare diamond called The Eternal Pink is expected to fetch more than $35 million at a Sotheby’s auction, potentially breaking records as the most expensive price per carat ever to come to market.
The California philanthropist and her Wall Street husband called First Republic Bank nothing less than a life partner. A New York real estate billionaire said it’s always there for him. The fast-food mogul in a wood-paneled room said he and the lender agree: success comes from trust.
In January, NetEase Inc. smashed into pieces its giant statue of World of Warcraft’s legendary Gorehowl axe, a fitting symbol for the termination of its 14-year partnership with US studio Blizzard Entertainment.
Russia said top agricultural commodities trader Cargill Inc. will stop exporting its grain, adding to uncertainty over the future of Black Sea crop shipments.
UBS Group AG’s Chairman Colm Kelleher said that he’s keen to keep the most talented investment bankers at newly-acquired Credit Suisse Group AG — but they should expect to be screened for their fit with the bank’s values and approach to risk.
The European Union is planning to launch a project with nine member states to identify gaps in the sanctions regime against Russia and to improve coordination between national authorities when enforcing penalties, EU officials said.
The UK government needs to protect domestic investment against the risks posed by US President Joe Biden’s massive package of green subsidies, and the government is working hard to devise appropriate measures, Chancellor of the Exchequer Jeremy Hunt said.
Finance Minister Chrystia Freeland is planning to raise billions of dollars from banks and insurance companies by changing the tax rules for dividends they get from Canadian firms.
Don’t blame social media for Silicon Valley’s banking crisis.
US mortgage rates edged down to a six-week low of 6.45%, helping drive a fourth-straight advance in applications to buy a home.
