Lenders including Elliott will pump 3 bln pounds into the UK water company and take a haircut, if they get leniency on fines.

A credible European defence will have to be based on the nuclear deterrent. But the region’s only two nuclear powers, France ...

Beijing has shrewdly utilised its dominance of these critical minerals, in turn potentially winning a reprieve from US tech ...

The stablecoin issuer’s soaring shares value it at $24 bln, a strong signal for peer Tether. Depending on how investors view ...

After bagging Scripps for $15 bln and then HBO’s owner for $43 bln, Discovery’s overpaid CEO is now splitting the shrunken ...

The $162 bln semiconductor giant’s Alphawave acquisition looks overpriced. But it gives CEO Cristiano Amon access to ...

Breakingviews provides financial professionals with unique agenda-setting insight on the major financial news stories as they ...

A budget-plan provision seeks to charge up to 20% on investments from countries deemed unfair with their own levies. It’s a ...

The $8 bln ad group’s boss Mark Read is to retire after seven years. His successor will inherit a company with weak growth, ...

The 193-year-old Hong Kong group named Lincoln Pan, PAG's private equity co-head, as its next CEO. It adds another director ...

Other governments have so far taken three main approaches to dealing with Donald Trump’s trade threats. China hit back hard ...

The central bank led by Sanjay Malhotra surprised by slashing its key policy rate by 50 basis points. Under the new governor, ...