... * Risky shadow banking borrowers moving into bond markets. * Property, local govt finance firms' private placements up. * Leveraged bond investment products selling briskly.
Pfizer's global headquarters in New York. Its target, Allergan, is technically an Irish company. Photograph: Mark Lennihan/AP.
The European Central Bank looks set to inject fresh stimulus into the eurozone's economy on Thursday after its president, Mario Draghi, said he and his policymakers would “do what we must” to return inflation from its current level of 0.1 per cent to ...
Looking to avoid further strikes, Lufthansa (OTCQX:DLAKY) has reached an agreement with trade union Verdi on the wages and pensions of around 33K ground staff and other personnel.
The International Monetary Fund (IMF) is expected to announce on Monday that China's currency, the yuan, will join the fund's group of international reserve currencies.