Finance

Rheinmetall agrees to buy NVL, military arm of German shipbuilder

Rheinmetall agrees to buy NVL, military arm of German shipbuilder

BERLIN (Reuters) -German defence group Rheinmetall said on Sunday it had reached an agreement with the Luerssen Group to acquire the shipyard’s military division, Naval Vessels Luerssen, in...

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The Market Isn’t Lagging – It’s Distorted: Why Investors Must Stop Treating the S&P as the Economy’s Crystal Ball

The Market Isn’t Lagging – It’s Distorted: Why Investors Must Stop Treating the S&P as the Economy’s Crystal Ball

Investors believed for years that the market was the ultimate predictor of the economy. The general guideline was unambiguous: stocks anticipated six to twelve months in advance, making moves ahea...

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ANZ admits ‘unconscionable conduct’ in bond trading, agrees to A$240 million penalty

ANZ admits ‘unconscionable conduct’ in bond trading, agrees to A$240 million penalty

(Reuters) -Australia’s ANZ Group admitted to “unconscionable conduct” in its bond trading services and agreed to pay A$240 million ($159.5 million) in penalties to resolve multi...

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American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures

American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures

Previously, we reported that U.S. oil production has maintained its upward trajectory in the current year even as oil prices have sunk to multi-year lows. According to data from the Energy Inform...

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Trump administration moves forward with push to fire Fed governor Lisa Cook

Trump administration moves forward with push to fire Fed governor Lisa Cook

President Donald Trump has moved to fire Federal Reserve governor Lisa Cook following accusations of mortgage fraud, in a continued push to control the central bank. – Drew Angerer/Getty...

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