A dirty little secret in a $1.2 trillion world of credit is getting exposed as the Wall Street rout deepens: Private debt is now the cheaper financing option for big-ticket leveraged b...
Former Toys "R"Us executive are set to stand trial over allegations they misled suppliers about the retailer's dire financial condition while the company tried to stay afloat in bankru...
A group of countries including Italy are pushing to water down a key element of the European Union's climate agenda: phasing out the combustion engine by the middle of the next decade....
Pallonji Mistry, the Indian-born billionaire whose engineering empire built luxury hotels, stadiums, palaces and factories across Asia and whose family's epic showdown with the Tata Gr...
Cocaine. Suitcases of cash. A down-on-his-luck Bulgarian wrestler. For days during the February trial, the lurid details captivated Swiss finance as Credit Suisse Group AG faced charge...
Russia defaulted on its external sovereign bonds for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors....
The pandemic has changed the nature of global supply chains with companies seeking to source goods from multiple places in order to minimize shipment and production disruptions. In fur...
Bidzina Ivanishvili, the Georgian billionaire suing a unit of Credit Suisse Group over a fraud scheme run by one of its ex-bankers, lost about $607 million in the case, according to a ...
The European Central Bank's new anti-crisis tool should show that officials' determination to defend the integrity of the euro has no limits, Governing Council member Francois Villeroy...
Bill Gates is worried about a dark period ahead for the global economy. "We're going to go through a winter period for a number of years," he warned a room full of go-getting green ent...
Facebook's hometown of Menlo Park, Calif., has struck a deal to decarbonize 95% of its buildings by 2030, replacing the city's fossil-fuel infrastructure with climate-friendly heat pum...
It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: We're sorry...
Texas taxpayers are footing the bill for the state's war with Wall Street over guns. The state's municipal borrowers have been hit with as much as $532 million of extra debt costs beca...
British billionaire Richard Branson hit out at cryptocurrency scammers and said he's stepping up efforts to stop his name from being used to convince unsuspecting victims to sign up to...