Archegos Capital Management founder Sung Kook “Bill” Hwang has been convicted of fraud and other charges by a jury in a Manhattan federal court at a crimina
The United States Federal Reserve faces a cooling job market as well as persistently high prices, Chairman Jerome Powell has said in testimony to the US Congres
Deal also signals rise of new power player, David Ellison, Skydance founder and son of Oracle billionaire Larry Ellison.The entertainment giant Paramount will m
India’s securities regulator has alleged Hindenburg colluded with another entity to help it short Adani Group.Hindenburg Research has denied allegations by In
It was the worst day ever for the stock with losses wiping out $28.4bn from Nike’s market valuation.Nike’s stock has plunged as a forecast for a surprise dr
The shopping section is Amazon’s most aggressive response to the growth of bargain sites like Temu and Shein.Amazon.com plans to launch a section on its shopp
Those sanctioned are involved in the sale of Iranian oil and petrochemicals, money that pays for weapons, proxy groups.The United States Department of the Treas
Dhaka, Bangladesh: Abutting the posh Gulshan Club and overlooking the serene Gulshan Lake in Bangladesh’s capital Dhaka, a 14-storey building is nearing compl
S&P 500 gains 0.3 percent ahead of US Federal Reserve’s latest decision on interest rates.The US stock market has hit record highs ahead of the Federal Re
Indian Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) campaigned on India’s sizeable economic expansion in the lead-up to the country’s r
Exit poll projections of big wins by Modi’s alliance sent stock markets surging a day before votes were counted.Opposition Indian National Congress leader Rah
After keeping rates at a more than two-decade high of five percent, the BoC said indicators for underlying inflation improved.The Bank of Canada has trimmed its