India has joined the U.S. and China as one of the world's five biggest military spenders, reflecting geopolitical tensions as well as the country's reliance on imported weapons and sprawling personnel costs. New Delhi's defense spending rose by 5.5 percent to $63.9 billion in 2017 and has now passed
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Deutsche Bank AG plans to cut back its investment bank to save costs and focus on European clients, retrenching from a decades-long effort to compete with Wall Street peers. Germany's largest lender will scale back U.S. rates sales and trading, reduce the corporate finance business in the U.S. and
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London-based activist investor Chris Hohn has built a roughly $3 billion stake in 21st Century Fox Inc., FOX 1.72% a position that makes him one of the largest holders of a media company at the center of a global takeover battle, according to people …
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Alister Bull, Bloomberg News Federal Reserve team leader, discusses a milestone for the 10-year U.S. Treasury yield, which hit 3 percent on Tuesday for the first time since 2014 as investors expect more rate hikes in 2018. He speaks with Bloomberg's Amy Morris and Peter Barnes on Bloomberg
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Europe's first national experiment to give citizens free cash will be scrapped next year, after Finland decided to discontinue its pioneering basic income trial.
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