The BlackRock Investment Institute said on Monday it had trimmed its “overweight” to credit on a long-term view. “We have…
Business
Blackstone sells about 40% stake in Cheniere’s limited partnership
Blackstone Group Inc (BX.N) said on Monday it would sell about 40% of its stake in liquefied natural gas producer…
Tesco to offer free grocery delivery in Amazon challenge
U.K.-based retailer Tesco PLC TSCO.L will offer free grocery delivery in a bid to head off Amazon.com’s AMZN.O attempt to…
Belgium investigates Credit Suisse over hidden accounts
Belgian prosecutors have launched an investigation into whether Swiss bank Credit Suisse (CSGN.S) helped some 2,650 Belgians hide their accounts…
Facebook to pay more than $110 million in back taxes in France
Facebook’s (FB.O) French subsidiary has agreed to pay more than 100 million euros ($118 million) in back taxes, including a…
Steady oil price belies weakening physical market
The oil price is holding steady close to $45 a barrel, but prices further forward and in the physical market…
ByteDance investors seek to use stakes to finance TikTok bid
ByteDance investors are in talks to use their stakes in the Chinese technology firm to help finance their bid for…