When Celsius Network co-founder Alex Mashinsky resigned, interim Chief Executive Officer Chris Ferraro implemented a strategy that ran counter to the very ethos of cryptocurrency: he made the bankrupt digital-asset lender as boring as possible.
Ray Dalio’s family office has hired Mark Baumgartner from nonprofit Carnegie Corp. of New York as its chief investment officer, as the hedge fund billionaire builds out the firm overseeing his fortune.
The market is in disarray in navigating what’s become a once-a-decade crisis in the Arab world’s most populous country.
Italy is seeking to turn Banca Monte Paschi di Siena SpA into the country’s third largest bank with an unlikely plan to merge it with one of its peers.
The head of UBS Group AG European small- and mid-cap equity research in Europe has left the Swiss lender after almost 25 years.
Mitsubishi Motors Corp. will end production in China, the Nikkei reported Wednesday, two months after the Japanese automaker suspended its business in the country following years of poor sales.
Chinese developer Country Garden Holdings Co. is in talks with Houlihan Lokey Inc. and China International Capital Corp. for both to become financial advisers and put together an offshore-debt restructuring plan, according to people familiar with the matter.
Borrowing by companies in the euro zone grew at the slowest pace in almost eight years in August as evidence mounts that the European Central Bank’s historic bout of interest-rate hikes is restraining economic activity.
Government data indicate there are about 9 million jobs available in the US right now, but you wouldn’t know it from talking to some jobseekers.
The Philippine military is “very closely” monitoring Beijing’s next move in the South China Sea, vowing to counter any attempt to install new barriers in the disputed waters.
