New bank loans in China fell more than expected to the lowest in 22 months in October, but the drop was likely due to seasonal factors and policymakers are still expected to ramp up support for the cooling economy in coming months.
More than two years ago, Goldman Sachs Group Inc told investors it would find $5 billion in fresh annual revenue by 2020. Now, the bank may move away from that goal to focus on a wider range of metrics.
Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company.
British banking heavyweights HSBC and RBS are launching new digital banking platforms, as competition for digitally savvy customers steps up in the face of a wave of online startups.
Solar cell and panel maker SunPower on said Monday it would split into two separate publicly traded companies.
Oil prices dipped on Monday after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade war.
China's Jingye Group is in talks to buy British Steel, it said on Monday, in a deal estimated to be worth 70 million pounds ($90 million) that could protect thousands of British jobs.
Adidas plans to close high-tech "robot" factories in Germany and the United States it launched to bring production closer to customers, saying on Monday deploying some of the technology in Asia would be "more economic and flexible".
Some financial strategies can help make sure you stay above water if the economy starts to wobble.
About half of Americans expect to spend about the same amount on gifts for friends and family this holiday season, according to the CNBC and Acorns Invest in You survey released Monday. Experts give tips on how not to go into debt in the process.
Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles' Day shopping blitz crossed the $30 billion mark at 4:31 p.m. (0831 GMT), putting the event on track to set a record in its 11th year.
Military veteran turned entrepreneur Charlynda Scales turned her grandfather's secret sauce recipe into an $80,000 venture that just launched on Amazon. Consumers support her made-in-America brand.
U.S. President Donald Trump said on Monday he will be meeting with vaping industry officials as well as medical and political officials to discuss vaping and e-cigarettes, amid a nationwide outbreak of injuries and deaths linked to the products.
As forward earnings estimates have fallen since the start of October, stocks have rallied.
Reuters | Sharon Lam | Nov 8, 2019 Recession gatecrashes Hong Kong’s fintech party HONG KONG (Reuters Breakingviews) - Hong Kong’s economic travails are an unwelcome guest in the city’s fintech party. Enthusiasm for online-only banks was palpable at the Fintech Week conference. Yet months of political unrest have hit small businesses, and the added