The European Union's finance commissioner pledged on Tuesday, if he is reappointed, to propose new rules to regulate virtual currencies such as Libra, the currency Facebook plans to launch.
Index funds now control half https://tmsnrt.rs/2Mhmc6L the U.S. stock mutual fund market, giving the biggest funds enormous power to influence decisions and demand better returns at the companies in which they invest trillions of dollars.
The far-reaching impacts of climate change on companies have investors pressing corporate leaders for action to minimize environmental damage and to maximize disclosure of risks to their businesses. The threats range from more frequent floods or wildfires that imperil major assets to regulations that could undermine profits.
A court in Moscow ruled on Tuesday to keep U.S. investor Michael Calvey under house arrest facing charges of embezzlement until January 13, the TASS news agency reported.
Buyout group Blackstone and Danish family investor Kirkbi are launching the sale of German insulation foam maker Armacell in a potential 1.3-1.5 billion euro ($1.43-$1.65 billion) deal, people close to the matter said.
The two companies hope to mature the technologies needed to make hypersonic air travel a commercially-viable business.
The U.S. government expanded its trade blacklist on Monday to include some of China's top artificial intelligence (AI) startups over Beijing's treatment of Muslim minorities.
Japan's Nissan Motor Co will appoint Senior Vice President Makoto Uchida as chief executive officer, the Nikkei newspaper said on Tuesday.
Oil prices fell on Tuesday as Washington's blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, though unrest in Iraq and Ecuador lent some support to crude prices.
Oil prices fell on Tuesday as Washington's blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, though unrest in Iraq and Ecuador lent some support to crude prices.
U.S. sports brand Vans has removed "a small number" of submissions in a sneaker design competition including one apparently giving a shout out to Hong Kong's pro-democracy protests, as companies weigh the risks of angering China.
Charles Schwab, who revolutionized the brokerage business for average investors, spoke with CNBC about a new era of zero-commission trades and other topics.
Domino's Pizza missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, hurt by growing competition from third-party delivery services and small pizzerias, sending the pizza chain's shares down 6%.
Financial fitness is important to your overall well-being, says health and wellness guru Deepak Chopra.
Nissan Motor Co named Senior Vice President Makoto Uchida as its next chief executive on Tuesday, picking a relative outsider who joined the automaker mid-career and is known for his rigorous work ethic and relentless focus on cost control.