US stocks are now priced 41 times their average decade earnings, surpassing the 32.5 ratio that preceded the Great Depression, according to economist Russ Mould. The overvaluation is driven by AI hype…
London has become Europe's shareholder activism capital, accounting for 57% of all European campaign activity in the first half of the year, a 46% rise from last year. Investors are pressuring firms o…
British American Tobacco announced plans to cut 5,500 jobs and outsource 3,500 more by year-end, affecting 19% of its global workforce, as part of a streamlining initiative called Fit2Win that leverag…
Global stocks rallied Tuesday as AI optimism drove gains, with Anthropic filing for an IPO and Alphabet seeking $80 billion for AI infrastructure, while oil prices fell on renewed hopes for a U.S.-Ira…