Big U.S. banks will have to resume holding an extra layer of loss-absorbing capital against U.S. Treasuries and central bank deposits from next month after the Federal Reserve said it would not extend a temporary waiver that had exempted those assets from a key bank leverage rule.
HERE'S the sales pitch: will you be interested in owning a bit of every high-value art piece in a virtual gallery? Or fractions of the virtual real estate they are housed in and the soundtrack that accompanies every visitors' gallery experience?
The supply chain hiccups that dented Nike Inc's third quarter sales are mostly behind them, analysts said on Friday, after executives said the sporting goods giant had adjusted inventories and other areas to avoid a recurrence.
Volkswagen luxury unit Porsche AG is open to the idea of a potential stock market listing, with finance chief Lutz Meschke saying the advantages of such a move had been laid out.
Brazil planemaker Embraer on Friday reported its best quarter so far during the COVID-19 pandemic, narrowing losses to just US$3 million while delivering more jets in the period than in the first nine months of the year combined.
U.S. stock index futures edged higher on Friday following a steep pullback in the prior session as bond yields withdrew from 14-month peaks and oil prices retraced some losses.
The Chinese military has banned Tesla Inc's cars from military complexes and housing compounds because of concerns about sensitive data being collected by cameras built into the vehicles, Bloomberg News reported on Friday, citing people familiar with the matter.
The Chinese military has banned Tesla Inc's cars from military complexes and housing compounds because of concerns about sensitive data being collected by cameras built into the vehicles, Bloomberg News reported on Friday, citing people familiar with the matter. (https://bloom.bg/30UmU1M)
British Airways owner IAG raised 1.2 billion euros (US$1.43 billion) in a bond issue it said would help it survive a potentially longer than expected travel downturn.
International investors are casting an eye over some of Italy's grandest hotels whose family owners may be persuaded to part with properties that can be refurbished in time for tourists to return.





















