Toshiba Corp is poised to end its 74-year history as a listed company after a majority of its shareholders agreed to a $13.5 billion buyout offer.
European stocks closed lower on Thursday, as investors digested the latest rate hikes by the U.S. Federal Reserve and the European Central Bank
The UK housing market is facing a prolonged slowdown as high interest rates, rising inflation and economic uncertainty deter potential buyers and force sellers to lower their asking prices.
The Federal Reserve is unlikely to raise interest rates at its next meeting in November, according to a report by Goldman Sachs strategists published on Saturday.
France wants to end the era of ultra-cheap flights in Europe and has proposed a minimum price for airline tickets to reduce carbon emissions and support the rail sector.
The fund, named Brookfield Societe Generale Private Debt Partners (BSG PDP), will have an initial capital of $10.70 billion, making it one of the largest private debt funds in the world.
The world’s largest automaker was forced to suspend operations at all 14 of its assembly plants in Japan last week due to a software glitch.
The Federal Reserve may need to raise interest rates further to cool down the US economy and bring inflation under control, according to a senior Fed official.
Charles Schwab Corp. has announced plans to raise up to $2.5 billion through a debt offering, capitalizing on a recent surge in investor interest towards higher yields in the corporate bond market.
IAG reports a strong rebound in travel demand, reaching 97% of pre-pandemic capacity and expecting higher profit for the year.
