Greece on the brink
read all
JPMorgan Chase’s multibillion trading loss will be forgotten before the year is through, Chief Executive Jamie Dimon predicted Monday at the Deutsche Bank Global Financial Services Investor Conference.
As Iran continues to grapple with the West over its nuclear ambitions, experts say the nation could double its already sizable oil output if sanctions were lifted to allow foreign investment into its oil industry.
Coming months will determine whether Greece will keep paying its bills and remain in the euro, moves that have huge implications for the global economy.
A plunge in Facebook’s stock didn’t faze the broader U.S. market Monday. U.S. stocks bounced back from their worst week of the year on renewed optimism that European leaders would find a way out of the sovereign debt crisis.
Facebook’s stock slid below its offering price in early trading Monday, following a lackluster day of trading when the stock debuted.
A top regulator said on Monday that tougher rules are needed for international trades to prevent the financial collapse of 2008 and recent losses by JPMorgan Chase.
In a scolding letter sent to Google on Monday, European regulators outlined their “concerns” about Google’s business practices, giving the search giant “a matter of weeks” to shape up or pay up.
China’s Dalian Wanda Group and AMC Entertainment announced Monday a $2.6 billion deal to take over the U.S. theater group, forming the world’s largest cinema chain, according to a new release on the deal.
Yahoo and China’s Alibaba Group have agreed to a $7.1 billion deal in which the Hangzhou-based internet behemoth buys back half of Yahoo’s 40% stake in the company.
Leave a Reply