President Volodymyr Zelenskiy’s embattled defense chief appointed three deputies as part of a shakeup aimed at quelling accusations over corruption in the top echelons of the government.
While equity markets are on a relentless march higher amid optimism around stronger economic growth and cooling inflation, most investors aren’t convinced the gains will last, according to Bank of America Corp.’s latest global fund manager survey.
Turkey’s sovereign wealth fund will support equities with a new mechanism to contain the market fallout from the Feb. 6 earthquakes, according to officials who spoke to Bloomberg on condition of anonymity. Turkey will also suspend some gold imports.
The European Union’s cap on banker bonuses has failed to rein in risk-taking at Europe’s biggest banks, one of the purported objectives of the regulation, according to a study published by a leading German economic research institute on Tuesday.
Tuesday Morning Corp. filed for bankruptcy protection for the second time since the onset of the Covid-19 pandemic.
Mergers and acquisitions activity in Saudi Arabia is set to pick up this year as the kingdom’s sovereign wealth fund accelerates investments and private sector firms look to buy-up rivals, according to a top banker at the securities arm of the country’s biggest lender.
Former Bed Bath & Beyond Inc. employees say they have received their delayed severance pay as the troubled retailer catches up on overdue payments after securing an against-the-odds equity deal last week.
OPEC expects a slightly tighter global oil market than previously forecast as the group nudged up its demand estimate and trimmed its supply outlook.
Amsterdam’s Schiphol Airport will again limit passenger numbers during the busy May holiday period as the Dutch hub continues to wrestle with staff shortages.
State regulators investigate why US pipeline operator took two weeks to report emissions release in Permian Basin that created plume of methane.
