Oil prices are set for a slow recovery, according to the latest report from International Energy Agency (IEA), which cautioned against the deep investment cutbacks in the industry.
Standard Chartered cut 11 sales and trading jobs in Dubai, including four managing director roles, according to two people with knowledge of the matter.
Canaccord Genuity Group has promoted Dan Coyne to lead U.S. investment banking as part of a reorganization that includes cutting institutional high-yield fixed-income trading in the U.S. and the loss of 15 jobs.
When Square starts selling shares in its initial public offering (IPO), Silicon Valley powerhouse Khosla Ventures may see a huge windfall of $657 million — at least on paper.
Construction work in central London is at its highest level since the financial crisis as the technology industry drives an economic boom in the city.
China International Capital Corp (CICC) got off to a strong start on Monday, as its HKEx debut coincided with Beijing's announcement to lift a four-month ban on IPOs.
A sharp slowdown in global trade on the back of China’s troubles poses a threat to economic growth and calls for richer countries to step up investment while keeping monetary policy loose, a leading thinktank has warned.
Online protest-petitions aside, the people have spoken and the UK is now facing an exit from the European Union. What might this mean for the City, and Britain’s businesses more broadly?
That didn’t take long.
Point72 Asset Management, the firm that oversees billionaire Steven A. Cohen’s wealth, reassured employees that its planned expansion to London remained on track, despite Britain’s decision to leave the European Union.