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 ...

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 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 ...

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 ...

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.

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 ...

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 ...

The latest stopgap Sino-American pact underscores how intractable issues central to the broader bilateral relationship have become. U.S. President Donald Trump and his Chinese counterpart Xi Jinping ...

The $46 bln lender’s stock is up 66% in 12 months, outpacing rivals like HSBC. It now trades at 1.2 times tangible book value despite recent target-beating returns. Lower earnings in its third quarter ...

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