The parties in Romania’s ruling coalition will swap the position of prime minister as planned by June and may try to continue ruling together after general elections expected in late 2024, according to the future Premier.
Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope with a shaky economy and to preserve cash for an ambitious turnaround plan.
An OPEC+ committee recommended keeping crude production steady as the oil market awaits clarity on demand in China and supplies from Russia.
A couple of analysts are turning more bullish on one of Gautam Adani’s companies amid the meltdown that has wiped $92 billion off the group’s market value. They’re still mum, however, on the short seller report that triggered the selloff.
Canada’s stock market just posted one of its biggest January returns ever. T. Rowe Price Group Inc. says there may be more gains to come.
As UK and EU negotiators prepare to unveil a provisional post-Brexit deal for Northern Ireland, Prime Minister Rishi Sunak must walk a political tightrope to sell it to the region’s unionists and members of his own ruling Conservatives.
A recent surge in borrowing in the federal funds market appears to be driven by a small group of banks in need of liquidity to meet regulatory requirements, according to Bank of America.
Crypto-mining services firm Luxor Technologies said Wednesday it has launched a trading platform for Bitcoin mining machines.
Match Group Inc. will reduce its global workforce 8% after the dating-app company provided first-quarter revenue guidance that fell short of analysts’ estimates and looks to cut costs, chief financial officer Gary Swidler said on a call Wednesday.
JPMorgan Chase & Co. is planning to launch a digital bank in Germany as its second international consumer outpost, a move that will create a launchpad for the biggest US bank to further expand in Europe.
