As traders rush to identify where the next bout of volatility will come from, some watchdogs think the answer may be buried in the huge pile of hidden leverage that’s been quietly built over the past decade.
A Brookfield Asset Management Inc.-led consortium agreed terms on a A$18.7 billion ($12.4 billion) deal, including debt, to acquire Australian utility Origin Energy Ltd. after months of delays.
Vanguard Group Inc. is planning to open an office in Manchester as the $7.5 trillion asset management giant presses ahead with its European expansion.
UK Prime Minister Rishi Sunak said he’ll clamp down on recreational use of laughing gas and make vandals repair the damage they cause “as quickly as possible” under a new package of anti-crime measures.
The group wants companies to clearly lay out how they intend to decarbonize their operations and how their capital expenditures will be used to support such efforts.
The boss of ClearBank Ltd. said clients moved 20% more money through its platform in the week of Silicon Valley Bank’s implosion, adding the firm to a cohort of rivals benefiting from the collapse.
Seaborne crude exports remain above 3 million barrels a day for a sixth week
Apple Inc. Chief Executive Officer Tim Cook met China’s Minister of Commerce Wang Wentao on Monday, underscoring the importance of the relationship between the leading US consumer tech company and its key partner despite heightened tensions between Washington and Beijing.
The risk of fatal heat waves increases as the population grows and urbanization quickens, says climate scientist Kieran Hunt.
Orpea SA’s shares are trading 10 times above where the embattled care-home operator says they should be given the massive financial restructuring that’s looming for the company.
