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 ...

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 ...

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

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 ...

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

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

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

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

The Finnish group gained over 20%, or $7 bln, after the chip giant unveiled a $1 bln investment. But the partnership is not ...

The owner of the storied 'Wizard of Oz' studio rejected a $58 bln takeover bid from its smaller rival to consider other options. Comcast and Amazon.com are plausible suitors and a breakup also makes ...