Finance
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Finance
Emerging markets march out of 'valley of tears' as investors diversify
War, tariffs and AI gyrations have done little to dent the flow of cash into emerging markets, as reforms, deeper local capital markets and diversification away from U.S. assets r...
Finance
Alphabet eyes inaugural Australian dollar bond, bookrunner's message says
Alphabet has mandated investment banks to work on its inaugural Australian dollar bond issue, according to a message sent by one of the book runners and reviewed by Reuters on Mo...
Finance
German companies cut US investment to three-year low, data show
German companies slashed investments in the United States to a three-year low in the first half of 2026, as Trump administration policies fed uncertainty between the transatlantic...
Finance
Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources say
Jane Street took a $15 billion hit in July from its exposure to AI-focused hedge fund Situational Awareness and other tech stocks that were battered by the market selloff, accordi...
Finance
Alphabet becomes Berkshire Hathaway's third-largest investment
Berkshire Hathaway said on Friday it boosted the size of its investment in Alphabet by 83% in the second quarter, making the parent of Google and YouTube its third-largest stock h...
Finance
Brazil's big banks shun riskier lending as household debt strains grow
Brazil's largest lenders are growing more cautious on credit, continuing a shift toward secured products and higher-income borrowers amid signs of a household debt crisis despite ...
Finance
Culture clash: How Orcel's profit-boosting recipe could prove a bitter pill for Commerzbank
UniCredit's CEO Andrea Orcel has a blueprint for Commerzbank: slash costs, strip out management layers and push harder for revenue growth, a formula that has helped transform the ...
Finance
Alphabet's SpaceX bet grows 100-fold over a decade to $94 billion
Alphabet's early bet on SpaceX has multiplied more than 100-fold, with the Google parent disclosing a stake worth about $94 billion at the end of June compared with the $900 milli...
Finance
Reddit surges on S&P 500 inclusion, set to replace AvalonBay
Shares of social media platform Reddit jumped more than 12% in premarket trading on Friday after S&P Dow Jones Indices said the company would join the benchmark S&P 500 index, re...
Finance
Italian PM hopes Intesa's takeover target Monte dei Paschi won't be broken up
Italian Prime Minister Giorgia Meloni hopes Monte dei Paschi di Siena (MPS) won't end up "dismembered" as a result of a takeover bid launched by the country's biggest bank Intesa...
Finance
Macquarie, Westpac to testify in KPMG Australia audit scandal probe
Leaders from some of Australia's biggest companies, including major banks Macquarie Group and Westpac , will face questioning from lawmakers on Friday as part of a probe into acco...
Finance
Fed should raise rates to restrain growth and inflation, Hammack says
Cleveland Federal Reserve Bank President Beth Hammack on Thursday reiterated her view that the U.S. central bank should raise rates immediately to bring down too-high inflation an...
Finance
Swiss government urges parliament to reject initiative opposing EU deal
The Swiss government on Thursday recommended that parliament reject an initiative aimed at blocking a new agreement between Switzerland and the European Union that would mark the...
Finance
China chip designer Kiwimoore plans Hong Kong IPO at $2 billion valuation, sources say
Chinese chip designer Kiwimoore has confidentially filed for a Hong Kong initial public offering, targeting a valuation of about $2 billion, said two people with knowledge of the...
Finance
Ice cream makers bet consumers still want treats, just healthier ones
Ice cream companies may be enjoying a summer sales boost from soaring temperatures, but behind the scenes they are preparing for a future where consumers want fewer reasons to fee...
Finance
Germany's PBB swings to profit in second quarter
Deutsche Pfandbriefbank (PBB), one of Germany's top property financiers, disclosed on Thursday that it swung to profit in the second-quarter and said it was sticking to its 202...
Finance
ANZ says property tax changes hit mortgage demand, posts slightly higher profit
ANZ Group on Thursday flagged a slowdown in mortgage demand after Australia's tax changes, joining larger rivals in signalling softer housing activity, even as higher lending vol...
Finance
BofA to take 49.9% stake in Jio Credit for $1.9 billion in India push
Bank of America will acquire as much as a 49.9% stake in the non-bank lending arm of Jio Financial Services in a 182.68 billion rupee ($1.92 billion) deal, as the U.S. lender expa...
Finance