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How oil executives make their own luck on pay

You have to make your own luck, allegedly, but it really helps when stuff just goes your way. And it really really helps if you can somehow combine favourable vagaries with a little fortune-engineering of your own. Such alchemy is practiced in the c-suites of an industry with a Vegas-like affinity for the lucky: oil. Intuitively, bosses get paid well ...

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Draghi seen pressing ahead with ‘rate hike’ despite risks

Bloomberg Mario Draghi will only just manage to raise the European Central Bank’s interest rates before his term as president ends in October 2019 amid continued risks from US tariffs and Italian politics, according to a Bloomberg survey of economists. With asset purchases about to conclude in December, most respondents predict euro zone policy makers will increase the deposit rate ...

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SoftBank is seeking loans from banks pitching for mega IPO

Bloomberg Masayoshi Son is asking Wall Street banks to open their pocketbooks if they want in on what could be the biggest-ever initial public offering, according to people familiar with the matter. SoftBank Group Corp. has told potential underwriters seeking a large role in the blockbuster IPO of its Japanese wireless unit that they should offer to lend to other ...

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