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Global Funds Abandon China Blue Chips in $9.3 Billion Selloff
Global Funds Abandon China Blue Chips in $9.3 Billion Selloff
Global investors have been shedding China’s blue-chip stocks in what’s been a record-selling streak, showing even the nation’s
2023-08-23 14:22
The Fed hits pause on interest rate hikes while it reviews more data
The Fed hits pause on interest rate hikes while it reviews more data
The Federal Reserve said Wednesday it will pause its rate hikes, keeping its benchmark lending rate at a 22-year high.
2023-09-21 02:27
Hyundai and LG announce $4.3 billion plant in Georgia to build batteries for electric vehicles
Hyundai and LG announce $4.3 billion plant in Georgia to build batteries for electric vehicles
Hyundai and LG Energy Solution say they will build a $4.3 billion electric battery plant in Georgia
2023-05-26 12:16
Disney CFO Christine McCarthy steps down
Disney CFO Christine McCarthy steps down
Disney's chief financial officer, Christine McCarthy, is stepping down from her role and taking a family medical leave of absence. Disney Parks CFO Kevin Lansberry will step in as the company's interim CFO.
2023-06-16 04:26
Inflation, higher rates hit eurozone growth outlook
Inflation, higher rates hit eurozone growth outlook
The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were...
2023-11-15 19:27
US regional bank shares bounce as debt ceiling overshadows crisis
US regional bank shares bounce as debt ceiling overshadows crisis
By Chibuike Oguh and Niket Nishant (Reuters) -Shares of U.S. regional lenders rose on Monday, led by a rebound in
2023-05-16 05:51
HSBC relaunches SVB UK as 'innovation' division
HSBC relaunches SVB UK as 'innovation' division
Asia-focused bank giant HSBC on Monday relaunched the recently-acquired UK arm of collapsed US lender Silicon Valley Bank as part of a major push...
2023-06-12 20:22
IMF pledges to stay in 'our lane' on climate
IMF pledges to stay in 'our lane' on climate
The US, a major backer of the IMF, has been pushing to refine the mission of the global lender.
2023-09-19 04:23
Long-feared corporate debt woes start to hit home
Long-feared corporate debt woes start to hit home
By Chiara Elisei and Dhara Ranasinghe LONDON The spectre of rising corporate debt defaults exacerbating a global economic
2023-07-18 13:28
US Is Quietly Sending Israel More Ammunition, Missiles
US Is Quietly Sending Israel More Ammunition, Missiles
The Pentagon has quietly ramped up military aid to Israel, delivering on requests that include more laser-guided missiles
2023-11-15 06:18
Fuel Hoarding Unnerves Polish Refiner in Push to Cut Prices
Fuel Hoarding Unnerves Polish Refiner in Push to Cut Prices
Poland’s state-controlled refiner Orlen SA appealed to Poles to refrain from hoarding fuel following reports that its bid
2023-09-27 19:17
Steves & Sons Mourns the Loss of Jim Parker, Chief Engineer
Steves & Sons Mourns the Loss of Jim Parker, Chief Engineer
SAN ANTONIO--(BUSINESS WIRE)--May 30, 2023--
2023-05-30 19:27