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Sky Takeover Proves a Dream Trade for Hedge Funds

Sky Takeover Proves a Dream Trade for Hedge Funds

The bidding war for broadcaster Sky had already provided hedge funds with one of their best trades of the year. This weekend’s dramatic auction made it even better.

Published 1 month ago

Bond Yields Climb as Investors Embrace Risk, Cautiously

Bond Yields Climb as Investors Embrace Risk, Cautiously

The yield on the benchmark 10-year U.S. Treasury note has climbed back to near a seven-year high, a sign of increased optimism that trade disputes and problems in emerging markets won’t derail the global economy.

Published 1 month ago

As Migrants Turn to Spain, a Welcome Mat Shows Signs of Wear

As Migrants Turn to Spain, a Welcome Mat Shows Signs of Wear

Spain has become Europe’s main entry point for migrants this year, overtaking Greece and Italy, and raising the stakes for leaders who want to maintain the country’s position as one of Europe’s most immigration-friendly countries.

Published 1 month ago

Companies Buy Earnings Gains by Buying Back Stock

Companies Buy Earnings Gains by Buying Back Stock

Companies’ record stock repurchases this year are causing profits to appear stronger and fueling the stock market’s record run.

Published 1 month ago

Low Unemployment, Stagnant Wages Bring Renewed Labor Strife

Low Unemployment, Stagnant Wages Bring Renewed Labor Strife

The humming economy is bringing more labor strife. In recent weeks, unionized hotel housekeepers in Chicago, distillery workers in Kentucky and crane operators in Seattle have all walked off the job to pressure employers for better pay and benefits.

Published 1 month ago

Used-Car Sales Boom as New Cars Get Too Pricey for Many

Used-Car Sales Boom as New Cars Get Too Pricey for Many

Rising new-car prices are pushing more buyers to the used-car lot, where they are finding a growing selection of low-mileage vehicles that are only a few years old.

Published 1 month ago

Bond Yields Climb as Investors Embrace Risk, Cautiously

Bond Yields Climb as Investors Embrace Risk, Cautiously

The yield on the benchmark 10-year U.S. Treasury note has climbed back to near a seven-year high, a sign of increased optimism that trade disputes and problems in emerging markets won’t derail the global economy.

Published 1 month ago

France business chief warns Macron on public spending

France business chief warns Macron on public spending

Progress needed to boost economy has been too slow, says Medef president

Published 1 second ago

More Voters Want Democrats to Control Congress, New Poll Shows

More Voters Want Democrats to Control Congress, New Poll Shows

The Democratic Party’s political advantage has grown in the home stretch of the midterm campaign, powered by strong support among women and a majority looking for a change from President Trump’s course, a new Wall Street Journal/NBC News poll has found.

Published 1 month ago

Your Browser Is the Most Important App You Have—Make Sure You Use the Right One

Your Browser Is the Most Important App You Have—Make Sure You Use the Right One

New web browsers present the perfect reason to test what a modern browser can do and even consider making a change.

Published 1 month ago

Separatists Launch Deadly Attack on Iranian Military Parade

Separatists Launch Deadly Attack on Iranian Military Parade

Gunmen ambushed an Iranian military parade killing 25 people in a brazen attack claimed by separatists, whom authorities in Tehran said were backed by Saudi Arabia.

Published 1 month ago

Corbyn resists pressure for second EU Brexit referendum

Corbyn resists pressure for second EU Brexit referendum

Poll suggests 86% of grassroots Labour members want a ‘People’s Vote’

Published 1 second ago

Bird spreads its wings as escooter contest goes global

Bird spreads its wings as escooter contest goes global

Rental company attempts to see off rivals with expansion into Asia and Latin America

Published 1 second ago

Fintech pair aim to disrupt industry with investments for millennials

Fintech pair aim to disrupt industry with investments for millennials

New funds from Revolut and Plum will appeal to smartphone generation

Published 1 second ago

Revolut seeks to hedge Brexit risk with Luxembourg licence

Revolut seeks to hedge Brexit risk with Luxembourg licence

Fast-growing fintech company predicts London’s role as a financial centre could fade

Published 1 second ago