Business News: Global Companies, Markets & Economy

Shanghai Lujiazui financial district skyline at dusk with river view

Goldman Sachs, Morgan Stanley, JPMorgan post record China profits as trading boom lifts Wall Street

Wall Street’s biggest banks are reaping the rewards of a sustained trading boom in China. Goldman Sachs, Morgan Stanley, and JPMorgan Chase...

Michael Platt, billionaire hedge fund manager of BlueCrest Capital Management, standing outside a London office building.

46

How BlueCrest’s Michael Platt Fell Foul of the UK Taxman

Billionaire hedge fund manager Michael Platt, founder of BlueCrest Capital Management, is locked in a dispute with HM Revenue & Customs over...

UBS office building in a US city on a sunny day

46

UBS sets 18% profit margin target for US wealth business by 2028

UBS has set a target of achieving an 18% pre-tax profit margin in its US wealth management business by 2028, a goal...

Aerial view of a large copper mine in Chile with terraced levels and mining trucks.

56

Copper faces headwinds from tariff uncertainty and Chile supply squeeze, says Commerzbank

Copper prices are caught between two opposing forces — the threat of new US tariffs and persistent supply constraints in Chile —...

Interior of a semiconductor fabrication facility in Arizona, representing TSMC's advanced chip manufacturing.

63

How Thiel Capital’s Jack Selby used Arizona ties to land a stake in $5B AI chip startup Etched

Jack Selby, a longtime managing director at Peter Thiel’s family office Thiel Capital, secured an early stake in the hot AI chip...

Corporate executives in a boardroom reviewing a graph showing record global M&A activity.

59

Mega takeovers push global M&A to record $2.8 trillion in 2025

Global mergers and acquisitions activity hit a record $2.8 trillion in 2025, according to data from Dealogic, surpassing the previous peak set...

47

EEOC Sues FedEx Over Alleged Discrimination Against Blind Workers

The U.S. Equal Employment Opportunity Commission (EEOC) filed a federal lawsuit against FedEx on Wednesday, accusing the global shipping giant of systematically...

Tokyo Stock Exchange building in Marunouchi financial district on a clear day

55

Foreign investors warn Japan is backsliding on reform agenda

A growing number of foreign investors are expressing concern that Japan is retreating from its pro-business reform agenda, warning that a resurgence...

Empty diplomatic meeting room with US and Iranian flags on opposite sides of a table.

62

US and Iran Signal Return to Nuclear Talks as Middle East Conflict Escalates

The United States and Iran have indicated a willingness to return to the negotiating table over Tehran’s nuclear program, marking a potential...

Modern commercial office building in a US city, representing a real estate acquisition target.

66

Bridgepoint nears deal to buy US real estate unit in strategic pivot

London-based private equity firm Bridgepoint is nearing an agreement to acquire a US real estate unit, according to people familiar with the...

StockPil

Business News