June 19 – 23 June
When Michel Temer, Brazil’s president, was recently caught on tape allegedly endorsing bribes, markets briefly went into a tailspin, as investors feared an ambitious reform programme aimed at restoring fiscal health for Latin America’s largest country was in jeopardy.
Shares in Noble Group jumped more than 7 per cent on Monday following reports the troubled commodities trader is close to being thrown a lifeline by its banks.
The Dementia Discovery Fund, a partnership launched in October 2015 by the UK government and seven international drug companies to find new Alzheimer’s treatments, has raised almost £100m.
The impending arrival of Amazon in Australia has become all the more worrisome for domestic retailers after the disruptive e-tailer announced plans to buy Whole Foods, the upmarket US grocery chain.
Italy has cut its public spending by about €30bn per year as a result of a controversial review of its expenditure, senior government officials said on Tuesday in an attempt to defend their record on fiscal discipline.
To fans of confrontation, the build-up to Japan’s 2017 annual shareholder meeting season this month is like a 1930s horror film finale. Analysts are cast as the rabble-rousers urging a march on the castle and investors are yokels furiously reaching for their pitchforks.
Casper has raised $170m in a new funding round led by Target, underscoring the rapid pace of change in consumer taste that has garnered the attention of retailers.
Vice Media has completed a $450m investment from TPG, the private equity group, in a deal the youth-focused company said valued it at $5.7bn — more than double its valuation of three years ago.
A senior Federal Reserve policymaker has batted aside investor concerns that US officials made an error in lifting interest rates against a backdrop of weak inflation, arguing the central bank should forge ahead with plans to reduce its balance sheet.
Oil is trading in bear market territory, with prices falling to their lowest level this year as rising supplies threaten to derail an effort by some of the world’s biggest producers to bring an end to a three-year glut.
Latin American budget airline Viva Air said on Tuesday it was buying 50 new Airbus A320s for its operations in Colombia and Peru at a cost of $5.3 billion.
US energy stocks were in the firing line once again after oil sank to fresh seven-month lows amid persistent concerns over the global supply glut.
Consumer confidence across the eurozone hit its highest level since 2001, according to data released on Thursday that highlight the rapid brightening of economic prospects in the currency bloc.
Apple is asking to give the music industry a smaller portion of revenues from streaming, according to two people familiar with the negotiations
Activist investor New Pistoia Income has sold its stake in lossmaking British toymaker Hornby but succeeded in seeing the removal of Roger Canham as chairman of the company.
Altice USA has raised $1.9bn in its initial public offering after the US arm of billionaire Patrick Drahi’s cable and telecoms empire priced its shares at $30.
Economic activity in the eurozone pulled back from a six-year high this month, but the bloc’s brightening economic recovery is showing little signs of running out of steam just yet.
“Are we EM or DM?” asks Piotr Nowak, undersecretary of state at Poland’s finance ministry. “We can be either. Developed market investors see us as a source of revenue compared to the low yields in other [DM] countries. For emerging market investors we are not the volatile, high-yielding countries, we are a base that stabilises their [returns].”
Boeing claimed a rare triumph over Airbus on Thursday as the US aerospace group wrapped up the Paris Air Show with aircraft orders and commitments worth $75bn at list prices, significantly more than its European arch-rival.
A movement to bring back Travis Kalanick, Uber’s former chief executive, has started to gather steam following his sudden resignation earlier this week, as more than 1,000 employees of the car-booking app signed a petition asking the board to reinstate him in an operational role.