Investors flocking to exchange- traded funds to chase the longest emerging-market stock rally since January 2013 are bypassing China.
U.S. investors are adding money to European equity markets that suffered the most in the 2011 debt crisis, helping propel stocks from Greece to Italy to this year’s biggest gains.
Brazil’s top finance official is being roped into a growing scandal over Petroleo Brasileiro SA’s $1.19 billion purchase of a Texan plant, the latest in a string of troubles plaguing the company’s money-losing refining unit.
Patrick Drahi is planning the biggest acquisition financing for a European phone company since 2005 to support his bid to acquire SFR from Vivendi SA.
The battle to control $1 billion of debt to finance about 300 nursing homes in the U.K. shows why the recovery in Europe’s $100 billion commercial mortgage-bond market is stumbling.
Slowing growth at Anheuser-Busch InBev NV and a dearth of big takeover targets may finally drive the world’s biggest brewer to swallow its $79 billion rival, SABMiller Plc.
Henderson Global Investors Ltd., the manager of $118 billion in assets, won local-government approval to build a London office complex capped by a 156-meter tower nicknamed “Gotham City.”
Shares of Paychex Inc. are poised to outpace the broader market as the prospect of higher interest rates and more job creation will buoy the payroll-service provider.
Henderson Global Trust Plc’s lead portfolio manager, Brian O’Neill, is stepping down after running the investment trust for 30 years.
Opponents of Henderson Global Investors Ltd.’s proposed 160 million-pound ($265 million) renovation of part of Smithfield Market in the City of London say that the plan damages a historic treasure.