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  • Mar 11, 2025

Fink, Wall Street’s Ultimate Key Man, Holds Tight to BlackRock

(Bloomberg) -- Around his 71st birthday, Larry Fink began to blue-sky about the future.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Promises a Quiet RevolutionWhat would it take, the billionaire mused with associates, to really grow the f

  • Mar 11, 2025

Ghana’s New Government Vows to ‘Fix’ Economy, Curb Inflation

(Bloomberg) -- Ghana’s new government outlined a lower budget deficit this year to “fix” the economy after a painful debt restructuring.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Promises a Quiet RevolutionFinance Minister Cassiel Ato F

  • Mar 11, 2025

Exclusive-Bayer share drop draws market regulator's scrutiny, source says

FRANKFURT (Reuters) -Germany's financial markets watchdog has started an initial probe to examine whether Bayer fairly disclosed plans to get shareholder approval for a potential capital increase, a regulatory source told Reuters on Tuesday. Under the "routine" investigation that was triggered by the strong decline in Bayer's share price last Friday, watchdog BaFin is checking whether there are grounds for a wider investigation, the person familiar with the matter told Reuters. The healthcare and agriculture group said in a statement on Friday it would seek shareholder approval to potentially increase shares outstanding by close to 35% over the next three years to cover possible costs of U.S. litigation.

  • Mar 11, 2025

Businesses sound alarm as Trump tariff chaos hits the economy

With each day, evidence is mounting across the corporate world that the chaotic implementation of U.S. President Donald Trump's tariffs is translating into caution on Main Street. The uncertainty brought by Trump's threats of tariffs and his shape-shifting trade policies is starting to have a chilling effect across many industries, businesses warn, as consumers pull back on everything from basic goods to travel. The White House fired another salvo on Tuesday, when Trump said he would double the planned tariff on all steel and aluminium imports from Canada to 50%.

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