CDS Panel Says Credit Suisse AT1 Wipeout Won’t Prompt Payout
A panel tasked with overseeing the credit default swaps market said that the write down of Credit Suisse
2023-05-18 00:45
US debt ceiling: New negotiators aim to break deadlock
President Joe Biden has cut short a foreign trip as both sides race to strike a deal before 1 June.
2023-05-17 22:56
Turkey’s Lira Defense Moves Into Full Swing Before Runoff Ballot
Turkey’s central bank is moving in full force to defend the lira ahead of the runoff presidential election
2023-05-17 21:30
Vauxhall Maker Warns of Factory Closures if Brexit Deal Doesn’t Change
The UK government is lobbying the European Union to prevent Brexit-related local manufacturing requirements from kicking in next
2023-05-17 18:59
Erdogan Vote Momentum Pushes Traders to Delay Bets on Lira Slide
Investors have come to terms with the prospect that President Recep Tayyip Erdogan’s unconventional stewardship of the economy
2023-05-17 18:58
Wall Street’s Dependence on London Clearing Worries EU Watchdog
Wall Street banks have made “no significant moves” away from London’s dominant clearing service since Brexit, raising concerns
2023-05-17 17:56
Court orders Theranos founder Elizabeth Holmes to go to prison
Holmes was also ordered to pay $452m in restitution to the victims of the scandal.
2023-05-17 17:50
Tencent’s Revenue Grows Most in Over a Year After China Reopens
Tencent Holdings Ltd. grew revenue at its fastest pace in more than a year, fueling hopes the world’s
2023-05-17 16:48
Theme Park Boss Urges Sunak to Reverse Tourism Tax
The new boss of Alton Towers-owner Merlin Entertainments Ltd. has urged the UK government to bring back a
2023-05-17 16:27
Top UK Rolex Retailer’s Shares Fall as Watch Sales Soften
Watches of Switzerland Group Plc’s shares fell 12% in London after reporting that first quarter sales will decline
2023-05-17 15:52
Founder Behind Mega China Bicycle Bust Starts Over in NYC
In February last year, a tiny coffee store with red neon signs opened at Gramercy Park, one of
2023-05-17 12:17
Ayala Poaches Credit Suisse Philippines Head Uy for M&A, Sources Say
Credit Suisse Group AG’s head of the Philippines Mark Robert Uy is leaving the bank and joining Ayala
2023-05-17 11:20