U.S. insurers sense opportunity in unwanted pension plans U.S. insurers sense opportunity in unwanted pension plans:- U.S. insurers are buying corporate pension plans at a record clip as rising interest rates and all-time high stock-market values give companies the perfect excuse to offload them. Calculating they can make more money […]
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Geeks venture into Goldman Sachs world of big deals and egos Geeks venture into Goldman Sachs world of big deals and egos:- Technology whizzes who helped Goldman Sachs (GS.N) eliminate hundreds of trading jobs over the past few years are venturing into the bank's flagship M&A business, making some junior bankers uneasy. […]
Toshiba prepares to unveil nuclear hole, other perils threaten Toshiba prepares to unveil nuclear hole, other perils threaten:- Toshiba Corp (6502.T) will on Tuesday detail a writedown of close to $6 billion after bruising cost overruns at its U.S. nuclear arm, turning investor attention to the Japanese group's efforts to […]
Yen slips after Trump-Abe meet, Asian shares firm Yen slips after Trump-Abe meet, Asian shares firm:- The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, […]
Oil prices dip as markets remain bloated despite OPEC-led cuts Oil prices dip as markets remain bloated despite OPEC-led cuts:- Oil prices dipped on Monday on signs that global fuel markets remained bloated despite OPEC-led crude production cuts that have been more successful than most initially expected. Brent crude futures […]
At least 18 injured in fire on Hong Kong metro train At least 18 injured in fire on Hong Kong metro train:- At least 18 people were injured Friday evening after a man started a fire on a crowded Hong Kong metro train, police said. The victims have been transferred […]
U.S. consumer sentiment falls as election euphoria fizzles U.S. consumer sentiment falls as election euphoria fizzles:- U.S. consumer sentiment eased off a 13-year high in early February likely as some of the jubilation over Donald Trump's election victory ebbed, but it remained strong enough to suggest that consumers will continue […]
Top Federal Reserve official resigns as bank deregulation looms Top Federal Reserve official resigns as bank deregulation looms:- The Federal Reserve Board's top bank regulator said on Friday he would resign, giving a boost to President Donald Trump's plans to ease reforms put in place after the 2007-09 financial crisis. […]
Energy stocks look for catalyst out of doldrums Energy stocks look for catalyst out of doldrums:- Buoyant oil prices since Donald Trump's election have provided no lasting halo effect for energy stocks as the sector's profit rebound has lacked vigor, but that could change in the week ahead with a […]
Ford to invest $1 billion in autonomous vehicle tech firm Argo AI Ford to invest $1 billion in autonomous vehicle tech firm Argo AI:- Ford Motor Co plans to invest $1 billion over the next five years in tech startup Argo AI to help the Detroit automaker reach its goal […]
