Policymakers across the developed world have long expressed concern over the shrinking number of publicly listed companies, as initial public offerings have grown scarcer and existing listed companies have been thinned by takeovers, often led byPrivate Equityfirms. The trend has been most pronounced in …
While much of the recent global attention has focused on established middle powers such as Canada, India, Brazil, South Africa and Mexico, a separate category of states has emerged that cannot set the wider international agenda but can still make a meaningful difference. These …
A recent survey of politically resonant language found that the word "respect" was the clear standout among American voters, according to a conservative political strategist known for his influence on political messaging. Early primary results this cycle appear to bear this out, with candidates …
With the effects of last month's coordinated Japan-US currency interventions already fading and the yen creeping back toward multi-decade lows, investors will watch Friday's inflation data closely for any evidence reinforcing the case for a Bank of JapanInterest Rateincrease. Economists expect core consumer prices, …
Backing from Beijing combined with intense domestic investor enthusiasm has pushed valuations of Chinese technology stocks far above those of their US counterparts, as the country's AI sector emerges as a serious challenger to Silicon Valley's global dominance. Shanghai's Star 50 index, which tracks …
The rapid growth of AI-focused companies has created a wave of new millionaires and billionaires who are increasingly spending on trophy assets. The number of billionaires globally rose 13 percent year-on-year to 3,302 in the 12 months ending in April, according to a major …
Californian billionaires have contributed close to $40 million in fresh funding to oppose a proposed wealth tax that will appear on the state's ballot this November. A blockchain company executive contributed an additional $10 million to Building a Better California, the group formed to …
Water levels across much of Europe have fallen to historic lows this summer, with rivers including the Rhine and Danube disrupting transport, energy generation and agriculture, and raising fears of higher consumer costs. A dry season that developed unusually quickly has already forced cargo …
ExxonMobil (NYSE:XOM) has revived plans to build a liquefiedNatural Gasplant in Mozambique, as the war in the Middle East strengthens the case for LNG projects located outside the region. The developers of the Rovuma LNG project have awarded approximately $1.1 billion in pre-investment contracts …
Investors will scrutinize the minutes of the Federal Reserve's July meeting, due for release Wednesday, when theCentral Bankheld its policyInterest Ratesteady at 3.5 to 3.75 percent for a fifth consecutive meeting. With energy prices remaining elevated due to the Iran war and helping keepInflationabove …