Digital dollar issuers like $55 bln Circle hope to bypass traditional lenders by getting their own bank licenses. An even ...

The $85 bln oil major has named former CRH Chief Executive Albert Manifold to head its board. Given he lacks sector experience, BP’s new chair isn’t the ideal choice. But his CRH tenure was a success, ...

Regulators dismissed reports that lenders mulled creating a structure to take on their problem debt. But asset sales by weaker developers will up the strain on smaller banks, and an extended slump ...

The $230 bln company reported a 78% rise in net profit and outlined a plan to bring investors into its clean power unit. But ...

Donald Trump does not need so-called secondary tariffs to crush Russia’s oil revenues, currently running at $160 billion a year. The U.S. president’s recent threat to sanction countries that buy oil ...

Union Pacific is in talks to buy smaller rival Norfolk Southern and create a $240 bln US-wide operator. Even if they could ...

The energy giant’s arbitration win over rival Exxon Mobil means it can close its $53 bln takeover of Hess. The delayed ...

Republicans once boasted that they would simplify over-complex US tax returns down to postcard size. They instead passed a $4 trln flurry of breaks, carve-outs for tips and pensions, and more. Worse ...

The $46 bln consumer group sold a unit which makes Air Wick fresheners to Advent for a lowball $4.8 bln. CEO Kris Licht’s next step to streamline the sprawling company, flogging its baby milk unit, ...