The White House, facing a push by U.S. lawmakers for strong currency manipulation strictures in a major Pacific trade deal, is pitching a less-aggressive approach to keep the deal from toppling.
Citigroup isn’t entitled to payment in a $270 million dispute with commodities trader Mercuria Energy Group, a London court ruled.
Germany may have posted slower growth and sluggish surveys, but the economy looks to be in decent shape.
The U.K.’s financial regulator is investigating a banking-industry practice known as “reciprocity,” where investment banks bring rivals into deals in exchange for future business.
The company’s results on Wednesday missed some growth forecasts, but observers said the stock-price decline may have been exacerbated by the unusual ways Etsy structured its April IPO.
European governments must step up efforts to overhaul their economies, European Central Bank President Mario Draghi said.
The co-chief executive has been given more power to lead the German bank’s strategy. His chairman should only give him a year to show real results.
CVS’s $10.4 billion deal for Omnicare allows the pharmacy to expand into the growing senior market
Rapid, if expensive, growth keeps cloud pioneer Salesforce on top. That actually makes a deal look less likely.
The eurozone’s economy slowed and consumer confidence weakened for the second straight month in May, according to surveys.