European stocks fell as investors awaited key rates decisions across the region. US equity futures climbed, signaling a recovery following a tumultuous day of losses on Wall Street Wednesday.
Taiwan’s central bank unexpectedly raised its key interest rate on Thursday, with Governor Yang Chin-long taking a cautious stance on inflation in his first policy decision since renewing his term in office.
Lloyd’s of London dropped to a loss last year and said it made “significant” valuation losses across its portfolio in the wake of rising interest rates.
Indian tycoon Anil Agarwal is studying options including selling a minority stake in Vedanta Ltd. as he looks to shrink his commodities business empire’s massive debt load, according to people familiar with the matter.
Toshiba Corp. accepted a buyout offer from a Japanese consortium, according to people familiar with the matter, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history.
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