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Nippon Steel plans to raise up to $5.6 billion in subordinated loans, as part of efforts to strengthen its balance sheet following its $14 billion acquisition of U.S. Steel. The Japanese steelmaker ...
Swiss annual inflation picked up in June, but stayed near deflationary levels, highlighting the possibility that the Swiss National Bank might push rates below zero later this year. Consumer prices ...
Shares of both companies took a hit in late May when reports about the curbs emerged. Since then, tensions between the U.S. and China have eased. The two sides reached a trade truce in mid-June after ...
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, plans to invest more than $60 million before the end of this fiscal year in March to capture AI innovation.
The pharmaceutical company said Thursday the drug did not meet its primary endpoint of sustained remission after 52 weeks of use in a phase three trial. Novartis said it will complete a full ...
Beijing views its relation with the EU as a partnership, not a rivalry, China's foreign ministry said, after the bloc called for China to end "distortive practices" including rare-earths curbs.
Concerns about bribery allegations, angry CBS News staff and a looming high-stakes merger made for tense monthslong negotiations. The travel-review company's shares have fallen after it rejected ...
Gains in Apple, Nvidia and Tesla help power Wednesday's rise. The Bank of Japan should be ready to resume policy tightening if U.S. trade talks progress, policy board member Hajime Takata said. A ...
Following the U.K. government bond selloff, the pound sank in value, losing more than 1% to trade at $1.36. U.K. government bonds, too, tumbled in price, sending the yield on 10-year gilts up 0.12 ...
Major Wall Street banks modestly lifted their oil-price forecasts after geopolitical risks flared in the Middle East, but concerns over a global supply glut and uncertain demand prospects continue to ...
The Bank of Japan should be ready to resume policy tightening if U.S. trade talks progress, policy board member Hajime Takata said, confirming that the bank is still looking to raise interest rates.
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