L’Occitane Owner Said to Mull Buyout of $4.2 Billion Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge
2023-07-26 09:58
Oil Edges Lower After Four-Day Climb With Fed Decision in Focus
Oil edged lower after a four-day rally of almost 6% as traders took stock of the advance and
2023-07-26 09:56
China Market Rally Needs Policy Follow-Up, Morgan Stanley Says
Imminent follow-through of actionable policy measures, especially those for the property sector, will be key to sustaining a
2023-07-26 09:51
Australia’s Cooler Inflation Bolsters Case for RBA to Stand Pat
Australia’s inflation rate slowed more than expected in the three months through June, reflecting global trends and bolstering
2023-07-26 09:48
Ouster of Xi’s Handpicked Foreign Minister Halts Rising Career
As foreign minister, China’s Qin Gang was expected to usher in an era of diplomacy that would help
2023-07-26 09:17
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:28
Godwin Emefiele's downfall: How Nigeria's bank boss ended up in court
The once-powerful bank chief is charged with illegally owning a shotgun, which he denies.
2023-07-26 08:25
San Francisco’s Office Demand Surges, Largely Thanks to AI Companies
The worst of San Francisco’s office pain is showing signs of easing. Demand for offices in the city
2023-07-26 07:59
Microsoft’s Azure Slowdown Overshadows Optimism About AI Growth
Microsoft Corp. posted tepid quarterly sales growth and forecast a continued slowdown in its Azure cloud-services business, overshadowing
2023-07-26 07:55
Billionaire and Tottenham Hotspur owner Joe Lewis indicted in US for ‘brazen insider trading’
Joe Lewis, the UK billionaire and owner of the Tottenham Hotspur football club, has been indicted in the US for what officials called a “brazen” set of insider trading schemes. “He used inside information as a way to compensate his employees or shower gifts on his friends and lovers,” US Attorney Damian Williams said in a video statement on Tuesday. “That’s classic corporate corruption,” he added. “It’s cheating, and it’s against the law.” The Independent has contacted Tottenham for comment, as well as Tavistock Group, the investment office founded by Mr Lewis. This is a breaking news story and will be updated with new information.
2023-07-26 07:26
Visa Card Spending Tops Estimates With Strong Travel Demand
Visa Inc. reported card-spending growth that was more robust than Wall Street expected as consumer demand for travel
2023-07-26 07:18
Senate Targets US Investments in China Through Key Defense Bill
The Senate attached a measure to the annual defense policy bill that would subject some US investments in
2023-07-26 06:56