The Bank of Canada is widely expected to follow up its June interest-rate cut with another on Wednesday, and embark on a series of reductions to address moribund consumption and a rapidly weakening labor market.
As tech leaders race to bring Windows systems back online after Friday’s software update by cybersecurity company CrowdStrike crashed around 8.5 million machines worldwide, experts share with CIO Journal their takeaways for preparing for the next major information technology outage.
Banks such as Ally Financial are turning to structured finance to flatter their capital ratios.
Strength in truck and SUV pricing helped offset continued China losses.
Israeli startup aims to compete with U.S. heart-pump pioneer Abiomed, now owned by Johnson & Johnson. But analysts say the market has lots of room to grow.
The deodorant maker, now valued at $150 million, is the latest influencer-founded company looking to invade a mass-market sector.
The defense and aerospace investor recently refueled with a nearly $1.3 billion fund.
The Open Payments database has had little impact on industry behavior, researchers say. But it has become a tool for compliance officers at major hospitals.
The Biden administration has struggled to get members of the federal workforce back to the office on a more regular basis.
For a century, it’s been illegal to swim in the bacteria-infested river that runs through the French capital. Now, after a frantic cleanup job, dozens of Olympic athletes are about to dive right in.
The strategy comes as freight rates are rising and new tariffs are set to hit some goods from China.
Johnson & Johnson is closing in on one of the largest settlements of mass-tort lawsuits in history. Its strategy is to divide and conquer the trial lawyers.
Findings from the House Oversight investigation add to criticism that pharmacy-benefit managers are driving up drug spending.
The list of potential running mates is heavy on governors and others who could help in swing states.
Robert Bosch said it will buy the home-comfort businesses from Johnson Controls International amd Hitachi for $8 billion, the German company’s largest purchase ever.
European natural-gas prices remain above €31 a megawatt hour and are expected to weaken further throughout the quarter on ample storage levels and easing supply disruptions, according to analysts.
The Hungarian forint could fall if Hungary’s central bank cuts interest rates and signals further cuts to come in a decision at 1200 GMT, Commerzbank said.
The Japanese automaker plans to buy back shares held by banks and insurers.
The recent outperformance of Italian government bonds over Bunds and French OATs, helped by positive sentiment and lower supply, looks set to continue, Commerzbank Research said.
Warren Buffett’s Berkshire Hathaway has pared its stake in BYD to less than 5%, further unwinding its long-term bet on China’s largest electric-vehicle maker.
Givaudan backed its 2025 targets after reporting solid results for the first six months of the year, and appointed a new chief financial officer.
The Nikkei Stock Average ended flat at 39594.39 as gains in shipping and financial stocks helped offset losses in electronics stocks.
Eni is in exclusive talks with KKR over the possible sale of a minority stake in the Italian energy company’s subsidiary Enilive, valued at almost $14 billion.
