Japanese Prime Minister Fumio Kishida will nominate Kazuo Ueda, a professor and former Bank of Japan board member, to take the helm of the central bank from April, according to people familiar with the matter, in a shock move that sparked sharp moves in the yen.
Trafigura Group is briefing lenders that none of its banks have direct exposure to the nickel deals at the center of what the commodity trader is calling a systematic fraud perpetrated against it.
Russia’s partners in the OPEC+ oil coalition signaled they won’t boost production to fill in for cutbacks announced by Moscow.
Air India Ltd. has signed agreements with Airbus SE and Boeing Co. for what could become the largest purchase of jetliners in commercial aviation history, as the carrier seeks to reinvent itself with a fuel-efficient fleet that can take on local low-cost rivals and powerful Gulf airlines like Emirates.
Moody’s Investors Service cut its outlook for Adani Green Energy Ltd. and three other companies backed by Indian tycoon Gautam Adani, citing the plunge in the conglomerate’s stock market value in the wake of criticisms in a short-seller report.
The presidents of US and Brazil will show their nations stand together in defense of democracy, while Bolsonaro’s presence in Florida casts a long shadow over the meeting
SoftBank Group Corp. is considering selling its stake in the holding company of Raine Group, the merchant bank that’s advised on some of the Japanese company’s biggest deals, people familiar with the matter said.
Despite enduring a brutal start to the year for their portfolios thanks to a surprise market rally, two top-ranked fund managers are sticking to the bearish views that made them winners in the 2022 stock crash.
Natalie Gordon has built a nearly $300 million business around baby registries, and now she wants to save expecting parents from the ‘devastated panic’ of baby stores.
Fox Corp. has turned down unsolicited offers of more than $2 billion for its Tubi streaming service, over four times what the company paid for the business, according to people familiar with the overtures.
