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Mattel has attracted preliminary takeover interest from Authentic Brands Group, raising the possibility of a multibillion-dollar deal involving one of the world’s most recognizable collections of toy and entertainment brands. Authentic Brands has approached...
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The global economy has handled several major shocks better than many economists initially expected. But International Monetary Fund Managing Director Kristalina Georgieva is warning that resilience shouldn’t be mistaken for safety. One of the...
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Global oil markets started September with another sharp reminder of just how quickly geopolitical tension can move energy prices. Brent crude climbed to $95.63 per barrel on September 2, its highest settlement since late...
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Two very different parts of the financial market moved higher this week. Global oil prices climbed to their highest closing levels in nearly a month as uncertainty around the Strait of Hormuz continued to...
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South Korea took swift action on July 21 to address recent volatility in its currency markets. The Korean Won experienced fluctuations that prompted the Ministry of Finance to call an urgent meeting with major...
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The Bank of Canada (BoC) has decided to keep its benchmark overnight interest rate steady at 2.25% for the sixth meeting in a row. This decision comes amid mixed signals from the economy. While...