The Australian | Business | World Business News
FBI probes possible J.P. Morgan hacking
Aug 27 2014
THE Federal Bureau of Investigation is probing a possible computer hacking attack on J.P. Morgan Chase & Co.Snapchat valued at $10bn
Aug 26 2014
KLEINER Perkins Caufield & Byers has agreed to invest in ephemeral message service Snapchat at a valuation of close to $US10 bn.Rosneft poised for Arctic LNG stake
Aug 26 2014
ENERGY giant Rosneft is poised to take control of a new Arctic Circle LNG project planned for an area of northern Russia fronting the Barents Sea.Global tech to transform over 3 weeks
Aug 26 2014
THE world’s tech will undergo a transformation over just three weeks with a bonanza of new phones, tablets, smart watches and OLED 4K TVs.Young diners not lovin’ it
Aug 25 2014
MCDONALD’S revenues have slumped and there’s one key reason: Millennials aren’t Maccas fans, choosing fresher, healthier food instead.Former IBM chief John Akers dies
Aug 24 2014
JOHN Akers, who led IBM as its longtime dominance of the computer industry began to wane, has died, aged 79.Bangladesh next in Seek strategy
Aug 20 2014
ONLINE jobs and education group Seek will continue expansion into international markets.Buffett joins $200K club. Membership: 1
Aug 15 2014
IMAGINE if you’d spent a grand on a single Berkshire Hathaway share 31 years ago. That stock just passed $US200,000 and is still climbing.Bloomberg Markets
AI Risk Is Dominating Conference Calls as Investors Dump Stocks
Feb 15 2026
In what’s turning out to be a great quarter for corporate earnings growth, company executives and investors alike are focused on something else entirely: the threat from artificial intelligence.Rich World’s Growing Civil Unrest Comes With an Insurance Sting
Feb 15 2026
A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry.Pirelli Holder Sinochem Mulls Bond to Cut Direct Stake: Corriere
Feb 15 2026
Pirelli & C. SpA’s Chinese investor is weighing the sale of a convertible bond that would temporarily reduce its holding to ease US government scrutiny of the Italian tiremaker, Corriere della Sera reported, citing unnamed sources.Goldman Upgrades Forecast for 2026 China Current-Account Surplus
Feb 15 2026
Goldman Sachs Group Inc. revised its forecast for China’s current-account surplus this year after incorporating data for the fourth quarter, when the measure of trade in goods and services rose to a record.India Curbs Loans Extended to Brokers in Blow to Trading Volumes
Feb 15 2026
India’s central bank tightened rules for loans taken by firms that undertake proprietary trading in shares and commodities and offer leverage to clients, the latest measure aimed at reducing speculative market activity in the South Asian nation.China’s Stock Bull Run Falters With Earnings Set to Underwhelm
Feb 15 2026
A worsening earnings picture is darkening the outlook for Chinese equities, leaving investors wary that Lunar New Year holiday spending may not be enough to reignite a rally.BOE on Knife Edge Over Rates Awaits Pivotal UK Inflation Data
Feb 14 2026
The Bank of England will watch a slew of data closely in the coming days after a knife-edge decision to keep interest rates steady on concerns that inflation is still uncomfortably high.AI Bubble Fears Are Creating New Derivatives
Feb 14 2026
Debt investors are worried that the biggest tech companies will keep borrowing until it hurts in the battle to develop the most powerful artificial intelligence.Bloomberg Technology
Xi Touts China’s Super-Large Market as Key to Boost Local Demand
Feb 15 2026
Xi Jinping called for anchoring economic growth around domestic demand as its “main driver” in a speech delivered by the Chinese president at a key policy meeting late last year and released on Sunday.Macron to Meet India’s Modi as Tech, Defense Ties Deepen
Feb 15 2026
French President Emmanuel Macron will attend the India AI Impact Summit this week and meet Prime Minister Narendra Modi as the two countries deepen ties.Bankers’ Winter Getaway to Sunny Florida Is Upended By AI Chaos
Feb 14 2026
It was supposed to be a relatively relaxing work week in the South Florida sun for the hundreds of bankers, brokers, advisers, portfolio managers, analysts and investors attending a series of financial industry conferences from Miami to Boca Raton. Then AI crashed the party.China Summons Alibaba, Other Platforms Over Pricing Practice
Feb 14 2026
China’s market regulator summoned major online platform companies on Friday, directing them to comply with laws and regulations, and rein in promotional practices.India Eyes Making Advanced Chips to Expand Its Tech Industry
Feb 14 2026
India is seeking to make advanced semiconductors within years, underscoring its ambitions to expand its tech manufacturing economy.Stocks Join Bonds Higher as CPI Fuels Fed Wagers | The Close 2/13/2026
Feb 13 2026
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Federated Hermes’ RJ Gallo, KPMG’s Diane Swonk, UBS’ Matthew Mish, ProShares’ Mo Haghbin, US Ambassador to NATO Matthew Whitaker, Moody’s Ratings’ Marc Pinto, Punto Research’s Cristina Morales, and 1-800-Flowers.com’s Adolfo Villagomez. (Source: Bloomberg)Nvidia-Leased Data Center Wraps Up In-Demand $3.8B Bond
Feb 13 2026
A data center project expected to be leased by Nvidia Corp. sold $3.8 billion of junk bonds on Friday after receiving about $14 billion of orders from investors, an indication that lenders are eager to continue funding the buildout of artificial-intelligence infrastructure. Bloomberg’s Aaron Weinman reports. (Source: Bloomberg)Companies May ‘Spend to Defend’ AI Risk: Moody’s Pinto
Feb 13 2026
Marc Pinto, Moody’s Global Head of Private Credit, discusses rising investor anxiety amid a year-to-date decline in software stocks. He speaks with Katie Greifeld and Bailey Lipschultz on The Close. (Source: Bloomberg)Bloomberg Wealth
Three Senior Bankers at Raine in India Are Said to Depart Advisory Firm
Feb 14 2026
Three senior bankers at Raine Group in India, including the country head, are set to leave the boutique adviser to set up a new investment banking firm, according to people familiar with the matter.Wall Street Banks Are Paying Their CEOs Like It’s 2006 Again
Feb 14 2026
After years of restraint following the 2008 global financial crisis, Wall Street is handing CEOs a record payout.Goldman CEO’s Loyalty to Lawyer Rattles Bank Even as She Departs
Feb 14 2026
Goldman Sachs Group Inc., the bank famously good at managing risk in financial markets, had massively misjudged one facing its own reputation.Waltons Crack Ranks of 10 Richest as Nvidia’s Huang Falls Out
Feb 13 2026
A weeks-long hot streak for Walmart Inc. shares has vaulted three members of the founding Walton family into the ranks of the world’s 10 richest people, overtaking Nvidia Corp.’s Jensen Huang, who dropped to 11th on Friday.The Leon Black Files: Epstein Was a Fixer for Billionaire’s Deepest Secrets
Feb 13 2026
The notorious sex offender helped Black manage an angry mistress and IRS questions about gifts to another woman
Bank of America Lifts Moynihan’s Pay 17% to $41 Million for 2025
Feb 13 2026
Bank of America Corp. raised Chief Executive Officer Brian Moynihan’s pay to $41 million for 2025, a year in which the second-largest US bank improved its profit but stock performance fell short of peers.‘Eva Dubin Gave Me Your Email’: How Jeffrey Epstein Got Into Hedge Funds
Feb 13 2026
Recently released Justice Department files reveal more details of the sex offender’s financial ties to the billionaire Dubins.