The auto parts firm’s road to failure passed through $12 bln of liabilities, giants like Jefferies and UBS, and a crafty short by Apollo. Underlying it is the murky world of trading IOUs, where ...
Washington is propping up the peso with direct buys and a $20 bln swap line. The scale of a dollar crunch and the currency’s ...
Lenders are pushing for tough limits on electronic cash accounts, fearing their deposits might shrink. A European Central ...
The London Stock Exchange will let investors trade private shares, giving the gray market its own rulebook. It's a bid to ...
Tech titans like Jeff Bezos argue the long-term benefits to society from artificial intelligence outweigh the losses ...
It’s cheaper to find crude on the Toronto bourse than in the ground. The discrepancy has driven a frantic war to acquire MEG Energy for nearly C$8 bln. Producers are minting profit, but high start-up ...
The $264 bln Ozempic maker bought Akero Therapeutics for $5 bln. CEO Mike Doustdar gets a promising treatment for liver ...
LONDON, Oct 9 (Reuters Breakingviews) - The UK government faces an unenviable choice with Thames Water. Lenders like Elliott Management and Apollo Global Management (APO.N), opens new tab proposed ...