President Joe Biden said the US has the strongest economy in the world, seizing on a report showing payrolls rose by more than forecast in August even as wage growth cools and the economy faces other headwinds.
Earnings for oil tankers in the Middle East declined to the lowest level so far this year as the prospect of deeper OPEC+ production curbs darkened the outlook for the sector.
South Africa could drastically boost economic growth if it fixes its ailing energy and logistics sectors, and reduces crime, a top International Monetary Fund official said.
After a summer-time surge of exchange-traded-fund-inspired exuberance, Bitcoin advocates are back to speculating whether the SEC will ever allow asset managers to offer US funds that invest directly in the largest cryptocurrency.
Millennium Management has largely unwound a bet against the stock of America Movil SAB, the telecommunications giant controlled by Mexican billionaire Carlos Slim.
The top US securities regulator is asking equity exchanges to revamp how they consolidate and disseminate public stock-trading data.
Guaranty Trust Holding Co. reported a $468 million gain from its foreign-exchange holdings, helping Nigeria’s biggest lender by market value post a record profit.
Growing opposition to corporate diversity efforts may weigh on future promotions.
Romanian Prime Minister Marcel Ciolacu will seek a confidence vote in parliament as a way to fast track the approval of fiscal measures aimed at reining in a widening budget deficit this year.
Singapore’s former deputy premier Tharman Shanmugaratnam won Friday’s presidential race in a landslide, suggesting voters didn’t let recent scandals involving the ruling party affect their decision to support him.
