Wall St bank analysts grapple with capital impact of new derivatives rule
Wall Street analysts are scratching their heads over the extent to which an arcane new derivatives rule will affect the performance of big banks as…
Category: Business
Facebook to win conditional EU nod for Kustomer buy, sources say
Facebook is set to gain EU antitrust approval for its acquisition of Kustomer after offering remedies that allow rival products to function with those of…
U.S. to award $2.89 billion to airports under infrastructure law
The U.S. Federal Aviation Administration said Thursday it will award $2.89 billion to 3,075 airports under a new $1 trillion infrastructure bill signed into law…
U.S. manufacturing activity slows; factory supply constraints easing
U.S. manufacturing activity slowed to a one-year low in December, but there are signs that labor and raw material supply constraints at factories are starting…
Black Swan’ hedge fund sees lower returns from risk capital
“Black Swan” hedge fund Universa Investments expects lower returns from risk capital including equity markets over the next few years due to frothy valuations. Mark…
Adidas launches new share buyback
Adidas (ADSGn.DE) plans to buy back up to 4 billion euros ($4.54 billion) of its shares by 2025 and will also return the majority of…
Shareholder group pressures U.S. banks to drop fossil fuels faster
Climate-focused investors are calling on the major U.S. banks to quickly scale back their financing of new fossil fuel development, saying current commitments by the…