Shares of the $1.5 bln tinned fish maker Princes slipped after it priced at the bottom of the range. It adds to a dismal year ...

The Russell 2000, an index tracking sub-$5 bln firms, is up 11% this year. Yet these diminutive strivers’ hopes of closing a valuation gap to larger rivals face profitability and growth woes. With ...

A court victory for minority shareholders of seized oil giant YPF now hangs in the balance. The US ruling upended sovereign debt norms by interpreting foreign law and ordering Buenos Aires to send the ...

Persistent budget deficits have fuelled fears the US will monetise public debt of 114% of GDP. A simple hedge is to switch to ...

The activist shareholder helped the UK insurer deliver cost cuts and release capital. Axa CEO Thomas Buberl has a similar plan, but the $96 bln group’s weak valuation suggests investors are not buying ...

A China-US trade war truce throws peanuts to American soybean farmers. Despite vows to ramp up in future years, a deal to buy 12 mln tons in 2025 is a 55% slip from 2024’s volume late in the season.

Richer, older Americans are carrying US consumer spending as income growth for the young slows. It’s now showing up in the lunch line, with burrito-slinger Chipotle losing $8 bln in value on weaker ...

Novo Nordisk muscled in on Pfizer’s bid for US drugmaker Metsera with a $9 bln offer. The $226 bln Danish group is paying a ...

Microsoft, Alphabet and Meta spent another $60 bln combined in the quest to conquer machine learning. The Windows maker can ...

Apollo, KKR and others turbo-charged their credit divisions by selling annuities. It drove a surge in sales of the retirement ...

The country’s new leader wants to revive former PM Shinzo Abe’s reflationary agenda when prices are already rising at 3% a ...

US and European lenders from Deutsche to Santander and JPMorgan are worth some 50% more, as a multiple of book value, than ...