Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment Bank
Credit Suisse Group AG may be due for a “massive downsizing” of its investment banking businesses after its
2023-06-17 19:00
Charting the Global Economy: Fed Holds While ECB Boosts Rates
The Federal Reserve held the line on interest rates while the European Central Bank pushed on, and both
2023-06-17 18:54
Russia’s Oil Giant Urges OPEC+ to Track Exports, Not Just Output
OPEC and its allies need to monitor not only production of the organization’s member countries but also their
2023-06-17 18:47
Mark Carney Blames Brexit for UK Inflation, Telegraph Says
Brexit is partly to blame for stubbornly high inflation levels seen in the UK, former Bank of England
2023-06-17 17:26
Ukraine Recap: African Delegation to Meet Putin After Kyiv Visit
Russia and Ukraine are vying for support from Africa, which along with the rest of the developing world
2023-06-17 16:27
Musk Courts EU Leaders as Twitter’s Future Hangs in the Balance
On Thursday, Elon Musk strode into the Palazzo Chigi in central Rome for a visit with Italian Prime
2023-06-17 15:20
Cooking Pizza in Italy Is Costlier as Olive Oil Price Jumps
The cost of making a classic Pizza Margherita rose more than twice as fast as overall inflation in
2023-06-17 14:15
The World’s Most Feared Investor Heads for Showdown With the LME
A decade ago, Paul Singer did battle with the government of Argentina — and won. Next week, the
2023-06-17 13:58
Britain Faces Recession and Flood of Job Losses if Rates Hit 6%
Economists are warning that the UK economy faces a sharp recession and a flood of job losses if
2023-06-17 13:55
Gloom Descends on Sunak as Johnson Saga and Rate Hikes Persist
Rishi Sunak is one of life’s optimists. But the Boris Johnson psychodrama and rising interest rates brought a
2023-06-17 13:29
Europe Faces an Inflation-Regime Reckoning Over Climate Goals
European central bankers’ price stability mission is on a collision course with the goal of combating climate change,
2023-06-17 13:16
Huawei Protests EU Guideline That Aims to Phase It Out as Vendor
Huawei Technologies Co. Ltd. said the European Commission’s call to recommend excluding its advanced wireless equipment in the
2023-06-17 12:15