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, ...

Brookfield may take a 25% stake in a $54 billion new power plant, the FT says. Private investors could supercharge Britain’s nuclear ambitions, but will need juicy returns and protection against slow ...

The US Treasury secretary expects tariffs and growth to boost government revenue, while banks and monetary innovation keep ...

The biggest concern is that new fintech ventures start with clean software slates, giving them an edge over incumbents saddled with patchwork systems precariously glued together over decades. JPMorgan ...

The $52 bln enterprise may break up a decade after 3G Capital and Warren Buffett put ketchup and hot dogs together. Such plans are tempting given the outcome at peer Kellogg, whose split led to sales ...