For the first time in nearly a generation, fixed income is living up to its name. This, at a certain level, is simply the consequence of benchmark rates in the US jumping from 0% to over 5% in a ...

The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence technology said the country would divest from China if it were asked to do so by the US. “So far ...

Groups of private equity investors may soon be allowed to buy as much as 30% of National Football League franchises. Proposals under discussion would let buyout firms individually acquire as much ...

Microsoft Corp. has deployed a generative AI model entirely divorced from the internet, saying US intelligence agencies can now safely harness the powerful technology to analyze top-secret ...

Defense Secretary Lloyd Austin said the US has paused the supply of “high-payload” munitions to Israel over concerns about a potential military offensive on the Gazan city of Rafah. The ...

With rates expected to stay high for a while, corporate finance chiefs have a strong incentive to skip debt markets and free up more of their companies’ cash instead. And it turns out, they have ...

European Central Bank Governing Council member Gediminas Simkus said he sees borrowing costs being reduced three times in 2024 — starting with the planned move in June. The euro-zone is ...

Sidara, the family-owned engineering company formerly called Dar Group, is exploring a potential acquisition of London-listed John Wood Group Plc, according to people familiar with the matter ...

Warner Bros. Discovery Inc. Chief Executive Officer David Zaslav has ordered his lieutenants to find additional opportunities for cost-cutting in order to hit financial targets for the next couple ...

Facebook and Instagram parent company Meta Platforms Inc. is testing new tools that will let advertisers create marketing material, including images and messaging, using generative AI prompts.

Toyota Motor Corp. gave a tepid outlook after recent scandals forced it to cut production, overshadowing a surge in hybrid sales that boosted profit to a record last year. The company forecast ...

South Africa will provide a new timeline for the shutdown of coal-fired power plants in a bid to secure about $2.5 billion in climate finance, an agency in President Cyril Ramaphosa’s office said.