Business

Barclays upgrades AMD, says semiconductor maker can maintain server leadership while branching out

Advanced Micro Devices could rally as it maintains server leadership and branches out in other areas of technology, Barclays said.

Gen Z know they’re stereotyped as ‘snowflakes’

As millennials had it bad graduating college during the 2008 financial crisis, Gen Z suffered as they watched their parents ...

Zombies, fire sales, and scrappiness: Here’s what venture capitalists can expect in their ‘year of the dragon’

2023 looks set to be arguably the trickiest year for VCs since the dot-com bubble burst. Here are seven predictions ...

Hawaiians cannot afford to live in Hawaii

On Oahu, the most populous island and where Honolulu is, the median price of a single-family home is more than ...

Poland to seek Berlin’s approval to send tanks to Ukraine

German foreign minister says Warsaw is yet to ask permission but will ‘not stand in the way’

You thought passing the Inflation Reduction Act was tough

It’s a public relations challenge that could determine whether the country meets Biden’s ambitious goal to cut greenhouse gas emissions ...

Deutsche upgrades Shopify, says stock can rally more than 20% as more brands migrate to platform

The firm said the interest from retailers marks a turn from cooled growth in the past 12 months.

European stocks inch higher as investors bet on smaller Fed rate rise

Equity markets have enjoyed a strong start to 2023, despite a mixed bag of fourth-quarter results

Treasury yields hold steady as investors assess monetary policy outlook

U.S. Treasury yields were little changed Monday as investors mulled the Fed’s next interest rate decision and considered the outlook ...

Zahawi may not only be embarrassing for Sunak, but damaging

Tory party chair’s exit surely can’t be avoided, and risks exposing the prime minister to Labour’s favoured attack lines

BoE warns insurers over ability to sell down assets in a crisis

Prudential Regulation Authority’s stress test of 16 insurers finds their assumptions ‘too optimistic’

How Ken Griffin’s Citadel beat the rest of the hedge fund industry and soared to a $16 billion return in 2022

Citadel’s gain was the largest annual return for a hedge fund manager, surpassing the $15 billion that John Paulson generated ...

Morgan Stanley says the U.S. economy is heading for a ‘softish’ landing: ‘It’s not looking like a disaster’

The U.S. labor market has proved stronger than anticipated and “inflation has turned down decisively.” Read More

Spotify said to be the next big tech firm to slash jobs after Amazon, Microsoft and Google

Tech companies added to their headcounts during the pandemic but were forced to make reductions in response to reduced advertising ...

Former Treasury official John Kingman to join Barclays UK as chair

Ex-government mandarin to succeed Crawford Gillies at UK ringfenced bank

Former PwC partner banned for 2 years in Australia for leaking information

Confidential details about tax avoidance laws shared with colleagues at Big Four firm

Goldman Sachs to cut asset management investments that weighed on earnings

The Goldman Sachs asset management arm will substantially cut from $59 billion of alternative investments.

State Street boss says facts ‘left aside’ in attacks on ESG funds

Ron O’Hanley calls incorporating climate into corporate governance ‘a matter of value, not values’

New IDB chief sets out plan to boost bank’s performance and morale

Ilan Goldfajn vows to improve staff relations after turmoil under predecessor and target lending at social needs

US fund managers turn away from China and look to Europe for growth

American groups are embarking on a hiring spree as they look to expand their operations in the region

Airbus to spin out pioneering solar-powered drone programme

The Zephyr has a wingspan of 25m but weighs just 75kg and uses solar panels to fly and recharge its ...

Nigeria begins UK court bid to overturn $11bn arbitration award

West African country says successful claim by oil and gas company P&ID built on ‘massive fraud’

Oil market braces for fresh turmoil as EU prepares to cut off Russian diesel

Import curbs which take effect within weeks could drive up prices or lead to shortages, traders warn

Europe seeks to revive moribund securitisation market

EU politicians to vote on regulatory change to open up a key source of funding for banks

English councils: the budget cuts that are threatening ‘levelling up’

Whitehall is offering new regeneration funds to local governments but many are struggling with the impact of inflation and the ...

Luxury boom shows the staying power of the ultra-rich

Many of our expectations about the spending patterns of the wealthy are being confounded

‘Free the leopards!’: Tank row heightens Germany’s isolation over Ukraine

Allies attack Scholz over reluctance to allow German-made heavy armour to be used in fight against Russia

EU to examine managing confiscated Russian assets for reconstruction

European Council president calls for debate on proceeds from $300bn in held bank reserves going to rebuild Ukraine

Bill Ackman takes stake in Bremont after buying its wrist watches

Billionaire investor’s backing values luxury UK brand at more than £100mn

Analysts love these stocks that are flush with cash — giving one over 75% upside

Investors are doubling down on cash-rich companies. CNBC Pro screened for stocks that could be best positioned for a rocky ...