Dutch Banks Slide as Lower House Backs Boost in Taxes on Lenders
The Dutch parliament’s lower house approved raising taxes on banks and adding a levy on share buybacks, sending lenders’ shares lower.
The Dutch parliament’s lower house approved raising taxes on banks and adding a levy on share buybacks, sending lenders’ shares lower.
The Federal Trade Commission is expected to sue Amazon.com Inc. for antitrust violations next week, according to people familiar with the matter – marking the agency’s fourth swipe at the online retail giant this year.
Apple Inc.’s latest iPhones and watches went on sale Friday, a test of whether a new smartphone design and modest smartwatch changes can help return the company to growth.
US Senator Robert Menendez from New Jersey was indicted in a sweeping corruption probe alleging that the Democrat and his wife protected three businessmen who showered them with gifts of gold bars, hundreds of thousands in cash, mortgage payments and a Mercedes convertible.
Nigerian tycoon Tony Elumelu said new leadership at the nation’s central bank will help restore confidence the nation’s currency.
Hayfin Capital Management, the private credit specialist that manages €30 billion ($32 billion) of assets, is exploring options including a potential sale, people with knowledge of the matter said.
Trading volume surged this week in a corner of the fed funds futures market, based on the notion that the Federal Reserve is likelier to raise rates in December than November.
Canadian steelmaker Stelco Holdings Inc. is pursuing a bid for bigger rival and former owner United States Steel Corp., adding to a growing list of suitors for the iconic American company.
China Evergrande Group canceled key creditor meetings that had been set for early next week and said it must reassess its proposed restructuring, adding further uncertainty to what would be one of the nation’s biggest ever restructurings.
Spreads on lower-rated commercial mortgage-backed securities widened over the summer as traditional buyers of the debt wait for more clarity on the outlook for interest rates and office valuations.