Lionel Laurent is a Bloomberg Gadfly columnist covering finance and markets. He previously worked at Reuters and Forbes. Facebook · Twitter · Email; Print; Share.
On the afternoon of Dec. 9, Marco Morelli, chief executive officer of Banca Monte dei Paschi di Siena SpA, was preparing for a board meeting in the lender’s Belle Epoque-era offices in Milan when the news hit: the European Central Bank had rejected his …
Washington (CNN) President-elect Donald Trump long ago earned a reputation for being unpredictable in his statements, but he outdid himself on Thursday.
First there was the policy-trampling phone call with Taiwan’s president, then talk of using the long-standing one-China policy as a bargaining chip in trade deals.
President-elect Donald Trump took to Twitter Friday morning to denounce criticisms he and his family have faced over conflicts of interest, lamenting that his son Eric Trump will no longer be able to raise money for children with cancer due to …
Scientists and regulators have sounded the alarm linking the overuse of antibiotics in livestock production with helping to increase the creation and spread of antibiotic resistant infections.
The village of Tourouvre-au-Perche in Normandy, France, is taking solar panelling from the roof to the street. The town says it’s just unveiled the world’s first solar panel road.
An Airbus A321 featuring the Iranian flag at an Airbus plant in Hamburg, Germany, this week. The acquisition of modern planes is an important achievement for President Hassan Rouhani of Iran.
Amazon is one of several companies partnering in the Give Back Box, which pays for customers to ship boxes of donated goods to Goodwill while re-using shipping boxes.
Stores could see a repeat of Black Friday’s heavy traffic this weekend. Bad weather last weekend might have encouraged more shoppers to put off gift buying until Saturday.
For years, Donald Trump has used a powerful tool when dealing with bankers: his personal guarantee. Now that guarantee — employed to extract better terms on hundreds of millions of dollars of loans to the Trump Organisation — is at the centre of a …
LONDON British consumers brushed off June’s Brexit vote and drove the economy to expand faster than expected in the third quarter, but a hefty current account gap and weaker trade and investment raised warning flags for 2017.
In this Oct. 13, 2015, file photo, a Volkswagen Touareg diesel is tested in the Environmental Protection Agency’s cold temperature test facility in Ann Arbor, Mich.
SHANGHAI—China has slapped a 201 million yuan ($29 million) fine on a General Motors Co. joint venture for alleged monopolistic pricing behavior, the state-run China Central Television said Friday.
NEW YORK – Last minute shoppers, stay home. That’s the message from Amazon, which is pushing its Prime Now rush delivery service as a way to lure shoppers who would normally head to physical stores in the last days or hours before Christmas, which …
With only weeks to go before the GOP-controlled Congress begins work on legislation to repeal the Affordable Care Act, Republican lawmakers and staff are struggling to address potentially catastrophic effects of killing off the program without a …
Chinese e-commerce giant Alibaba Group Holding Ltd., facing U.S. criticism over the presence of counterfeit and pirated goods on its online shopping platforms, said it would establish an advisory board of brands and trade associations to help protect …
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