Markets

L Brands' bankers at Goldman Sachs would begin pitching buyout firms about a potential sale of its Victoria's Secret lingerie brand as soon as this week, the New York Times reported on Tuesday, citing people with knowledge of the matter.

Plans by Britain and the European Union to set up a new financial cooperation forum by the end of March have made some progress but this will not automatically lead to market access, senior officials said on Tuesday.

SINGAPORE: The Monetary Authority of Singapore (MAS) said on Tuesday (Feb 23) that its regular surveillance of the banking system has not found "significant funds" from Myanmar individuals and companies in banks in Singapore. Myanmar's military seized power earlier this month and detained leaders ...

Macy's Inc forecast 2021 sales largely above Wall Street estimates on Tuesday as it bet on vaccine rollouts allowing customers to return to its department stores after pandemic curbs.

Thomson Reuters Corp reported higher fourth-quarter revenue on Tuesday and said it would start a two-year program that will change it from a holding company to an operating company.

THE Monetary Authority of Singapore (MAS) has not found significant funds from Myanmar companies and individuals in banks in Singapore as part of its regular surveillance of the banking system, it said on Tuesday.

Home Depot Inc beat quarterly same-store sales estimates on Tuesday, riding a sustained wave of demand for home improvement goods as the COVID-19 pandemic drags on.

An aerospace parts maker in California is struggling to procure cold-rolled steel, while an auto and appliance parts manufacturer in Indiana is unable to secure additional supplies of hot-rolled steel from mills.

The targeted measures in Budget 2021 are designed to keep Singaporean workers afloat – but also for them to think about new opportunities says NUS Business School economist Cai Daolu.

The world's largest asset manager BlackRock has cut its stance on government bonds, preferring equities in light of the COVID-19 vaccine rollout and potentially up to US$2.8 trillion of additional U.S. fiscal spending this year.