For many traders and economists, a resilient jobs market is a sign that an expected economic slowdown this year will be shallow. Company bosses, on the other hand, appear to be questioning whether they have the right number of people for the looming downturn.
PricewaterhouseCoopers LLP is facing allegations of a “shocking breach” of confidentiality by one of its former partners over a “quiet coffee” with a banker.
A group of residents in a luxury London apartment building that neighbors the Tate Modern Gallery won a lawsuit against the museum at the UK’s highest court, after they complained that gallery visitors could peek into their windows.
European equity capital markets are missing out on the bullishness in stocks.
Investment banks are set to receive about 1 billion rupees ($12 million) in total fees after helping Indian tycoon Gautam Adani pull off a closely watched follow-on share sale, according to people familiar with the matter.
Luxury watch conglomerate Swatch Group AG raised prices across a slew of its brands, increasing the cost of the flagship Omega Speedmaster by about 7% in the UK and Europe, according to investment bank Jefferies.
Indian Prime Minister Narendra Modi wooed hundreds of millions of middle class voters and women with incentives such as tax rebates and savings plans to ensure their backing in national elections next year.
Network International Holdings Plc, the Middle Eastern credit card processing firm, is in advanced talks to acquire Mashreqbank PSC’s payments unit, people familiar with the matter said.
Healthcare-focused Patient Square Capital, founded by former KKR & Co. dealmaker Jim Momtazee, raised $3.9 billion for its debut fund, surpassing a $3 billion target.
The dollar bonds of Adani Group companies slid, reversing their earlier gains, on news that Credit Suisse Group AG’s private banking arm stopped accepting the debt issued Indian tycoon Gautam Adani’s empire as collateral for margin loans.
