Tag: Financial services
Rate cuts are coming from the European Central Bank and the Fed. Experts say the pace will be mild
FRANKFURT, Germany -- With inflation subsiding, the European Central Bank will likely cut interest rates again on Thursday to prop up tepid growth...
Hedge fund investor buys UK political magazine The Spectator for $131 million
LONDON -- A hedge fund investor has bought The Spectator, one of the world's oldest political magazines, for 100 million pounds ($131 million)...
Southwest Airlines under pressure from a big shareholder shakes up its board
Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to keep CEO Robert Jordan after a...
Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' management
DALLAS -- Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough...
Lebanon's former central bank governor detained in corruption probe
BEIRUT -- Lebanon's controversial former central bank governor was detained Tuesday after being questioned in several corruption cases, according to three judicial officials....
Asian shares mostly slip as market focus turns from Nvidia to US economy
TOKYO -- Asian shares mostly fell Thursday as market attention turned to upcoming data on the U.S. economy after Nvidia reported its financial...