Tag: Finance

US inflation progress has hit a roadblock in October, with the core consumer price index likely remaining stagnant compared to the previous month. Economists predict that the last leg of the journey towards the...

Dye & Durham Ltd, a legal and business software company, experienced a significant drop in its shares, falling as much as 13% after Canada's Competition Bureau launched an investigation into alleged anti-competitive behavior. The...

Mitsubishi Heavy Industries Ltd. recently reported a decline in quarterly net income, falling short of analysts' expectations due to a drop in defense orders. Despite this, the company's revenue continues to rise for its...

Private Equity Tax Break: Understanding Carried Interest Private equity firms have been in the spotlight recently due to the controversial tax break known as carried interest. This tax break allows private equity fund managers to...

BlackRock's GIP Fund on Track to Raise $25 Billion BlackRock Inc.'s Global Infrastructure Partners (GIP) is on the verge of securing approximately $25 billion for its latest flagship fund, positioning itself as one of the...

Shell Plc, a London-based oil and gas major, made headlines as it continued its share buyback program despite a decline in profits. The company reported a drop in profit, attributed to a weak trading...

Federal Reserve Holds Firm Amidst Inflation Challenges In a bid to tackle persistent inflation, the Federal Reserve stood its ground on Wednesday, maintaining its benchmark interest rate. The central bank has made it clear that...

William Vereker, the chairman of Santander UK, has announced his resignation following a dispute with Ana Botín, the bank's group executive chairman. The unexpected decision has sent shockwaves through the financial industry, prompting speculation...