Goldman Sachs names Kim Posnett as global TMT head
By Anirban Sen, Jaiveer Shekhawat and Lananh Nguyen (Reuters) – Goldman Sachs Group Inc has named Kim Posnett as the…
Economy
Instant View: Fed hikes another 25 basis points, hints it may be the last increase
NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and…
Exclusive-EQT sounds out banks to manage LimaCorporate IPO – sources
By Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) – Private equity house EQT is weighing options including a possible…
Oil falls 4%, extending losses after Fed rate hike
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell 4% on Wednesday, extending steep losses from the previous session after…
U.S. SEC adopts new rules around private fund disclosures, share buybacks
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday adopted new disclosure rules for…
Carlsberg agrees to pay 50 million euro fine in German price-fixing case
COPENHAGEN (Reuters) – Danish brewer Carlsberg has reached a settlement with German authorities and agreed to pay a 50 million-euro…
UBS aims to close Credit Suisse deal by end of May, early June-CEO
ZURICH (Reuters) -UBS Chief Executive Sergio Ermotti said on Wednesday that the Swiss bank was working on closing its merger…
UBS weighed Credit Suisse deal as early as December – SEC filing
By Noele Illien ZURICH (Reuters) -UBS was considering the potential impact of buying struggling rival Credit Suisse as early as…
Adobe’s $20 billion Figma buyout deal under UK competition watchdog scanner
(Reuters) – Britain’s competition watchdog said on Wednesday it was looking into Adobe Inc’s $20 billion buyout deal for cloud-based…
US services sector still growing; inflation remains sticky
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. services sector maintained a steady pace of growth in April as new…