Nasdaq Sales Beat Estimates With Boost From ‘Marquee IPOs’
Nasdaq Inc. reported sales that beat expectations after the initial public offering market picked up last quarter.
Scotiabank to Dismiss 3% of Workforce, Take $432 Million Hit
Bank of Nova Scotia will cut 3% of its employees and take a writedown on its investment in a Chinese bank, leading to a C$590 million ($432 million) hit to earnings in the fourth quarter.
Goldman Joins Post-Earnings Bank Bond Spree With Debt Sale
Goldman Sachs Group Inc. is tapping the US investment-grade market on Wednesday, joining rivals JPMorgan Chase & Co. and Wells Fargo & Co. in selling bonds post-earnings even as borrowing costs rise.
Hot Miami Properties Get $1 Billion Bet From Brazilian Financier
Billionaire Daniel Dantas has spent the past 30 years increasing his fortune through the Opportunity firm he helped found in Brazil. Now it’s investing directly in US real estate for the first time.
US Mortgage Applications Hit 28-Year Low as Rates Keep Rising
A measure of US mortgage applications stumbled to an almost three-decade low as borrowing costs increased for a sixth-straight week, indicating further downside momentum for a battered housing market.
Benko Reneges on Funding Pledge Amid Retreat From Retail Firms
Rene Benko is pulling back from large parts of his retail empire as the Austrian real estate tycoon works to shore up his core business in landmark hotels and prime properties.
US Targets Hamas’ Financial Network, Key Members With Sanctions
The US sanctioned several individuals associated with Hamas’ “secret” investment portfolio as well as two senior members of the organization’s leadership in a move designed to limit the group’s ability to raise funds following its attack on Israel.
US Targets Hamas’ Financial Network, Key Members With Sanctions
The US sanctioned several individuals associated with Hamas’ “secret” investment portfolio as well as two senior members of the organization’s leadership in a move designed to limit the group’s ability to raise funds following its attack on Israel.
India Extends Sugar Export Curbs in Risk to World Supply
India, the world’s second-biggest sugar producer, extended its export restrictions in a renewed bid to protect domestic supplies, a move that’s likely to tighten the global market and raise costs for the food industry.
France Will Push Firms Doing Buybacks to Share More With Workers
The French government will expand obligations for profit-sharing to include large companies conducting share buybacks, in a move that adds a layer of complication to the practice without enforcing extra fixed costs or taxation.