BP removed Chairman Albert Manifold from his position following escalating conflicts with directors and former executives over company operations and governance issues.
Spirit Airlines is reportedly considering liquidation as early as this week as the budget carrier struggles with rising fuel costs and creditor negotiations.
Stock markets posted consecutive weekly gains while surveys reveal growing financial anxiety and reduced food assistance access.
Companies report varied quarterly results as energy price volatility and electric vehicle transitions reshape business performance globally.
Ongoing conflict drives investors toward perceived safe havens like Chinese and Singapore markets while bond traders reassess inflation outlook.
The US labor market rebounded in March with 178,000 new jobs added, exceeding economists' expectations of around 70,000 jobs.
February economic data showed divergent trends, with US private payrolls surging while French services remained in contraction and UK services expanded.
Asian stocks reached record highs while Bitcoin topped $80,000 for the first time in three months amid light holiday trading volume.
Italian bank UniCredit has surpassed the 30% stake threshold in its takeover attempt of German lender Commerzbank.
Eli Lilly exceeded quarterly estimates and raised its profit outlook as demand surged for its weight-loss drugs Zepbound and Mounjaro.
Investment bank Lazard is bidding to replace Centerview Partners as Venezuela's financial adviser in what appears to be a competitive mandate process.
The Bank of England maintained rates at 3.75% while the ECB kept rates unchanged, with officials citing regional conflict concerns and ongoing inflation pressures.
Kansas City Federal Reserve President Jeffrey Schmid identified inflation as the most pressing economic risk while noting banking sector strength.
The Senate Banking Committee is scheduled to vote Thursday on cryptocurrency legislation as lawmakers face time pressure.
Financial institutions are implementing behavioral science approaches to stop customers from falling victim to scams as cybercrime increases.
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