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As another European Commission mega-fine on Alphabet Inc. nears, it prompts the question: can the Google parent ever free itself from the specter of penalties from the region’s regulators? The same goes for Amazon.com Inc. and Facebook Inc., each of which is facing scrutiny for how they handle data. They could do a lot worse than looking to a fellow ...

Prepare for a repeat of China’s 2015 boom, bust and whimper? Days after replacing an overly cautious securities regulator, Beijing has mounted a multi-pronged effort to revive the market’s buzz: It set out the framework for a new tech-stocks exchange, cleared the way for more margin loans, made it easier for securities firms to buy stocks, and opened the futures ...

The opportunity to own the largest broadcaster in a consumer market of 1.3 billion people doesn’t arrive all that often; even more rarely does it come after a single-day 26 percent rout in the stock. The special situation has arisen because of Indian infrastructure financier-operator IL&FS Group’s sudden $12.8 billion bankruptcy. Analysts who believed the tremors would reach other shadow-banking ...

Bloomberg US equity futures advanced on Tuesday, taking their cue from a rally in Europe after strong earnings from oil giant BP. The euro edged lower and the pound weakened. Contracts on the S&P 500, Nasdaq and Dow Jones indexes all gained ground through the European morning after a lackluster start, though Google-parent Alphabet Inc. slipped in early trading after ...

Bloomberg Investors that didn’t profit from the equity rally in January, missed out on most of the returns for the year, according to Goldman Sachs Group Inc. strategists. “The dislocation at the outset of the year — when markets had overpriced the slowdown — has almost disappeared,” said the strategists led by Sharon Bell. “The rally we expected has happened ...

Bloomberg Christian Sewing’s options for turning around Deutsche Bank AG are shrinking. After an eighth straight quarter of declining revenue, reaction from investors and analysts suggested that the cost cutting at the heart of the chief executive’s strategy won’t be enough to keep markets at bay. “I can hardly see a future for Deutsche Bank as long as there’s no ...

Bloomberg The People’s Bank of China (PBOC) has set up a department to oversee and eliminate financial risks, as part of its restructuring of departments and personnel. The PBOC established the macro-prudential management bureau to draft rules, monitor and handle financial systemic risks, and to advise on currency issues including yuan convertibility, according to a statement published by the State ...

Bloomberg Federal Reserve Chairman Jerome Powell met President Donald Trump at the White House for dinner to discuss the economy’s performance and outlook, but the central bank said its chief did not share his expectations for monetary policy. Powell’s comments were “consistent with his remarks at his press conference of last week,” the Fed said in a statement. “He did ...

Bloomberg A regulatory spring-clean that’s cut the number of Ghanaian banks by almost a third is strengthening the industry, brightening prospects for lending growth and easing the pain of unpaid debts. The expanding economy is also helping lenders put behind them years of challenges weighing on the West African nation — including daily power outages, poor banking regulation and an ...

Bloomberg Weaker global growth and trade protectionism could start to gnaw on company investment in the euro area, according to the European Central Bank (ECB). “Increasing uncertainties at the global level constitute a downside risk to the outlook, particularly for business investment,” according to an article to be published in the ECB’s bulletin. Malin Andersson and Benjamin Mosk argue there’s ...