Business

Nintendo shares rise after Saudi Arabia says it’s open to expanding its stake in the home of Super Mario

Saudi Arabia’s Public Investment Fund is open to expanding its stake in Nintendo, a senior executive told local media over ...

The CEO of consumer giant Reckitt is on a mission to slim down to just ‘power brands’ as the whole industry gets leaner

“What is a power brand? It’s when you have a very large brand that enjoys very high levels of trust.”  ...

China stocks poised to reopen Tuesday with markets fixated on fiscal stimulus

Traders are closely watching for additional policy measures as Beijing has signaled a sense of urgency in bringing its economy ...

Beijing tightens grip on renminbi after stimulus rally

Stronger currency is challenging China’s exchange rate management with US election looming

EY to hold back some pay from US partners after tough year

Big Four accounting firm tries to manage cash flow issues by deferring 2% of annual compensation

Tensions rise between banks and tech companies over online fraud liability in the UK

In the U.K., a number of financial firms see themselves as bearing the brunt of the cost for scams taking ...

Israel marks anniversary of Hamas attack as conflict escalates

Palestinian militant group’s assault sparked war in Gaza that has spread across the Middle East

America’s chips effort is at a crossroads

Progress has been made at home, but what comes next abroad will make a big difference

Whistleblower demands apology from FCA over ‘inaccurate’ report

Regulator remains under scrutiny after chair Ashley Alder refused to quit over the controversy

London-based The Independent bets on US expansion

US plans follow acquisition of Buzzfeed’s UK operations earlier this year

BBC and other public UK broadcasters strike Amazon streaming service deal

Agreement with US tech company is set to provide a boost to broadcasters’ new platform Freely

How Jane Street rode the ETF wave to ‘obscene’ riches

A quirky and opaque New York firm has rapidly expanded to become the most profitable trader of all

Southern Water seeks to borrow nearly £4bn from investors

Utility’s investment-grade rating and debt covenants have come under pressure amid Thames Water crisis

‘No more bailouts’: the missing US campaign slogan

There is a populist idea that would be both good economics and good politics

Why private credit’s gung-ho growth needs proper monitoring

A rapid expansion in finance is coming together in an excitable cocktail of risk and opportunity

Trump would raise the US debt by twice as much as Harris, report finds

The non-partisan Committee for a Responsible Federal Budget warns of heightened risk of ‘an eventual fiscal crisis’

BMW: Greening the automotive industry is about so much more than making electric cars

BMW is looking beyond electric cars to drive sustainability, by decarbonizing its manufacturing and supply chains, using recycled materials, and ...

S&P 500’s $8 trillion rally will be tested by tricky earnings season

Companies in the S&P 500 are expected to report a 4.7% increase in quarterly earnings from a year ago, the ...

Morgan Stanley’s Slimmon says the U.S. infrastructure sector is ‘very powerful,’ names stock pick

Investors who want to diversify away from popular names and themes can look at this sector, says Morgan Stanley Investment ...

‘Next dragon’: Fund manager names an under-the-radar, ‘very cheap’ market to play right now

“It’s in a sweet spot in terms of economic growth, urbanization, labor market participation and … government policy,” says Eric ...

Japan’s Nikkei rises over 2% as Asia markets climb; central bank decisions in focus this week

Economists polled by Reuters expect the BOK and RBNZ to cut rates, while the RBI will hold.

Mining giant Rio Tinto in talks to buy U.S. lithium producer Arcadium

No financial specifics were disclosed.

Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say

Starboard’s stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand ...

Modi’s BJP hopes peaceful election will strengthen hand in restive Kashmir

Votes to be counted in first regional poll since contested Indian territory was stripped of autonomy

Seven & i looks to bolster takeover defences with non-core asset sales

Owner of 7-Eleven brand considers disposing of supermarket chain and selling stake in Seven Bank

Activist investor Starboard builds $1bn stake in drugmaker Pfizer

Pharma giant’s share price has fallen below pre-pandemic levels after shortlived bump from Covid vaccine

US official says ‘dangerous disinformation’ hampers storm recovery

Trump campaign has attacked Kamala Harris with unproven claims about the Hurricane Helene relief effort

Reeves to spare PE bosses top UK tax rate in compromise on ‘loophole’

Chancellor wants to raise revenue from pay through carried interest without driving investors away

Starmer wields the knife after shaky 100 days in office

Chastened by a fractious Labour conference, the PM bids to draw a line under mis-steps and “get a grip” on ...