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ECB May Need to Tighten Further After the Summer, Nagel Says
ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:24
China May Cancel More US Corn in Shift to Cheaper Brazil Cargoes
China May Cancel More US Corn in Shift to Cheaper Brazil Cargoes
Top corn importer China could cancel more purchases of the grain from the US because the country can
2023-05-12 16:20
Tesla Recalls 1.1 Million Cars in China Over Braking Defect
Tesla Recalls 1.1 Million Cars in China Over Braking Defect
Tesla Inc. will need to fix almost every car it’s ever sold in China due to an issue
2023-05-12 16:00
Bank of America to Lead $500 Million Debt Swap for Gabon
Bank of America to Lead $500 Million Debt Swap for Gabon
Bank of America Corp. will arrange a $500 million debt swap for marine conservation in Gabon, as these
2023-05-12 15:54
China to Send Special Envoy to Ukraine, Russia From Monday
China to Send Special Envoy to Ukraine, Russia From Monday
China will send a special envoy to Ukraine from Monday, according to the Foreign Ministry, as Beijing tries
2023-05-12 15:53
UBS’s Ermotti Says State, SNB Losses ‘Exceptionally Unlikely’
UBS’s Ermotti Says State, SNB Losses ‘Exceptionally Unlikely’
UBS Group AG Chief Executive Officer Sergio Ermotti said that the Swiss government and Central Bank are “exceptionally
2023-05-12 15:45
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:20
Rand Extends Slump as South Africa’s Row With US Puts Trade Ties at Risk
Rand Extends Slump as South Africa’s Row With US Puts Trade Ties at Risk
The rand slumped to its weakest level on record against the dollar as a diplomatic row between South
2023-05-12 15:18
GSK Raises $1 Billion Selling Shares in Haleon Consumer Spinoff
GSK Raises $1 Billion Selling Shares in Haleon Consumer Spinoff
GSK Plc raised £804 million ($1 billion) selling a stake in Haleon Plc, the consumer health-care division it
2023-05-12 14:54
THG Ends Talks With Apollo in Latest Failed Takeover Attempt
THG Ends Talks With Apollo in Latest Failed Takeover Attempt
THG Plc has ended talks with Apollo Global Management Inc. in the latest failed takeover attempt of the
2023-05-12 14:48
China Housing Rebound Fizzling Shows Risks to Economic Recovery
China Housing Rebound Fizzling Shows Risks to Economic Recovery
China’s housing market sales is regressing after a brief recovery, underscoring the challenges the world’s second-largest economy is
2023-05-12 14:28
Pimco Clients Add €14 Billion, Ending a Year of Outflows
Pimco Clients Add €14 Billion, Ending a Year of Outflows
Pacific Investment Management Co. saw outside clients add money in the first quarter, after a year of withdrawals
2023-05-12 14:25
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