Brookfield Asset Management is selling global construction business Multiplex to Japan's Obayashi Corp. for $650 million as it keeps recycling capital through asset sales. The consideration includes ...

Tech giants are gobbling up memory chips for AI servers, leaving Apple with soaring component costs that Tim Cook says will eventually be passed on to consumers Analysts estimate that the price of the ...

Lenovo Group, the world's largest personal-computer maker, plans to raise US$2 billion through a convertible-bond offering, proceeds of which will be used to repurchase existing debt and buy back ...

In his first press conference as Fed chair, Kevin Warsh staked out a surprisingly aggressive stance on interest rates and inflation. 'President Trump got duped,' says one Wall Street economist. Stocks ...

--Brent crude oil is up 0.7% to $79.47 a barrel. --European benchmark gas is down 0.3% at 41.45 euros a megawatt-hour. --Copper futures are down 0.1% at $13,803 a metric ton. --Gold futures are down 0 ...

CME Group's longtime leader, Terry Duffy, plans to step down as chief executive of the derivatives marketplace early next year. CME Group on Wednesday said Duffy, who has been chairman of the Chicago ...

BMW said the Chinese car market, particularly for non-electric vehicles, is struggling. BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit ...

The outlook for luxury goods may turn more positive if the oil crisis has ended AFP PHOTO / SIMIN WANG The memorandum of understanding to be signed this Friday between the U.S. and Iran has ...

Kevin Muir says the view that oil will fall if the Iran deal plays out is too obvious Diminished global oil stockpiles will ultimately help drive up prices, says former institutional trader Kevin Muir ...

'When the time comes, there will be a substantial inheritance to be split 50/50 between our two children' "They use this summer cabin only three to four months of the year at most." (Photo subject is ...

UniQure said it plans to apply for regulatory approval to market one of its primary investigational gene therapies as a treatment for Huntington's disease. During a recent meeting with the Food and ...

Sharon AI said it has secured $1.6 billion in financing with a $900 million private placement of stock and a $700 million private placement of convertible senior notes. The Australian technology ...