CEO Emma Walmsley’s 40-bln-pound 2031 sales target looks fanciful after another disappointing drug trial. A healthy balance sheet may allow her to buy targets like obesity drug maker Viking ...

A record 25% of investors voted against the $54 bln bank's executive pay after a string of at times persistent regulatory ...

It's a bad time for GIC to embrace secrecy: 20-year real returns fell to 3.8%, the lowest in five years. Fewer disclosures on the $936 bln sovereign fund's asset class distribution and geographical ...

British politicians know that their workplace, the Palace of Westminster, is in a shambolic state. The 19th-century complex of buildings suffers from an infestation of vermin, falling masonry, leaking ...

Investors scrutinize Big Tech's data center spending for auguries on the chatbot race. Research costs also merit study: they may top $50 bln this year at Meta, rising at the same pace as capital ...

Euro zone lenders’ near-50% share bump in 2025 reflects how a once-ropey sector now yields decent returns. But that means ...

One of the $14 bln fintech’s founders has denounced a move to extend super-voting rights by 10 years. Wise is combining the ...

With a $300 billion valuation, ChatGPT developer OpenAI towers over peak Netscape. The trailblazing web browser, however, looms large from Silicon Valley to Wall Street as the 30th anniversary of its ...

The US-Japan deal changes the apparent winners and losers in the global car industry. The 15% tariff on imported Japanese ...

The city hopes handing $860 mln to asset managers including JPMorgan to invest in stocks will boost its bourse's moribund ...

Financiers hosted by Fed sheriff Michelle Bowman eagerly voiced ways to curb US rules and free up some of their $1.3 trln. They also claim to back Basel international safety standards. Having it both ...

Google’s owner added $10 bln of 2025 capex, to $85 bln, 60% more than last year and a fifth of expected sales. Although it’s chewing up free cash flow, web search, YouTube and cloud computing keep ...