New York Federal Reserve President John Williams on Monday defended the bank's handling of volatility in money markets last week, saying officials anticipated the liquidity crunch and were successful in easing the markets.
"Boyish is a music record label and media company. Instead of industry standard contracts that strip artists' ownership of their art, we invest in artists as entrepreneurs with startup capital, mentorship, and infrastructure in exchange for equity investment in their company; artists are supported while maintaining control of their art and financial health. We also [...]
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The suspension of money manager Neil Woodford's Equity Income fund until December remains in place, the fund's authorized corporate director said on Monday at its monthly review of the lock-up.
Thomas Cook , the world's oldest travel firm, collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.
Barclays unveiled "a new valuation framework for growth companies" in a note on Monday.
CNBC's Jim Cramer calls on investors to be wary of the slew of the hyped-up unicorn companies going public this year and encourages the focus to be on deliverable earnings.
Nissan Motor Co and its former Chief Executive Carlos Ghosn have agreed to settle claims from the U.S. Securities and Exchange Commision over false financial disclosures related to Ghosn's compensation, an SEC statement said on Monday.
About 50,000 tourists are stranded in Greece and mainly on island resorts after British travel firm Thomas Cook collapsed, the tourism minister said on Monday as extra flights were booked to ease their return home.
Vivendi has kept its stake in Mediaset after a deadline to sell it expired at the weekend and is preparing to step up its legal action against the Italian broadcaster's overhaul plan, two sources close to the matter said.
Germany's Ceconomy , Europe’s biggest consumer electronics group, is in talks to resolve a long-running dispute with a major shareholder of subsidiary Media Saturn, people close to the matter said on Monday.
Thomas Cook owes Tunisian hotels 60 million euros ($66 million)for stays in July and August, Tourism Minister Rene Trabelsi told Reuters on Monday, adding that 4,500 Thomas Cook customers are still in the country.
Thomas Cook's collapse boosted shares in TUI and budget airlines easyJet and Ryanair on Monday as investors pinned hopes on the tour operator's closure cutting capacity in the saturated European holiday market.
The Turkish finance and tourism ministries are working on a loan support package for local companies affected by the collapse of travel firm Thomas Cook , the Tourism Ministry said on Monday.
British travel operator Thomas Cook , which ran hotels, resorts and airlines ferrying 19 million people a year to 16 different countries. It currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge operation to bring them all home.
The head of Turkey's Hoteliers Federation said on Monday the collapse of British tourism agency Thomas Cook means Turkey could see 600,000-700,000 fewer tourists annually.