The world’s top wind turbine maker’s stock jumped 14% on onshore project profitability. Despite US hostility, AI-driven power demand means green groups that aren’t in problem areas like offshore wind ...
Just as fears over ending Britain’s non-domiciled tax status look overblown, a 20% ‘settling-up charge’ for wealthy leavers wouldn’t be catastrophic either. A bigger issue is that UK finance minister ...
Listed vehicles run by non-bank lenders trade at a hefty 11% dividend yield, yet also well below the value of their assets.
A sense of relief permeated Hong Kong’s annual gathering of Global Financial Leaders this week as a truce in the Sino-American trade war and a rebound in Chinese equities set a relaxed tone for ...
The Japanese automaker expects a $2 bln full-year operating loss. One problem is weak sales in China. Now it wants to copy rivals there by exporting its excess capacity. CEO Ivan Espinosa can leverage ...
The $40 bln dining empire may slice off the slumping cheese and tomato pie chain to focus on KFC and Taco Bell. Its 20,000 franchises are probably worth only about $3 bln, but investing to upgrade ...
Associated British Foods may break off its fashion business from its unit that makes tea bags and sugar. A split makes sense, ...
The US private capital group is paying $6 bln for half of the Danish group's big UK renewables project. Orsted gets cash to help avert a credit downgrade. But Apollo’s right to 70% of the wind farm's ...
The Spanish group’s new plan involves a 50% dividend cut to trim leverage and fund investments. Yet its targets are modest, ...
Over 120 countries now have self-imposed fiscal straitjackets, up 7% since Covid. Britain, whose finance minister Rachel ...
The US coffee giant is selling control of its mainland retail operations to Boyu Capital in a $4 bln deal, even though it ...
Izzy Englander sold 15% of his sprawling hedge fund at a $14 bln valuation. With $79 bln in assets, that price implies slower growth even as the industry raises record sums of capital. The architect ...