European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
2023-07-27 20:28
Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:28
Just Eat CEO Says Grubhub Sale Is Proving ‘Very Difficult’
Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings
2023-07-27 18:50
Treasury Yield May Fall 150 Basis Points Next Year, Jupiter Says
Yields on 10-year Treasuries may fall as much as 150 basis points before the end of next year
2023-07-27 18:28
Greece Fights Wildfires as Wind Raises Risk Across Mediterranean
Greece is fighting almost 200 wildfires as strengthening winds present an additional challenge, even as the heat wave
2023-07-27 17:26
TotalEnergies Maintains Investor Payouts Despite Profit Miss
TotalEnergies SE stuck to plans for shareholder payouts and capital spending even as second-quarter profit missed estimates. Oil
2023-07-27 16:59
Europe Gas Prices Steady as Shell Sees Healthy Winter Stockpiles
European natural gas prices steadied following the biggest drop in more than a month, as Shell Plc sees
2023-07-27 15:59
Wheat Jumps After Russian Strike Boosts Black Sea Supply Fears
Wheat futures climbed as Ukraine said Russia fired two Kalibr cruise missiles from a submarine in the Black
2023-07-27 15:54
Shell Pledges Extra Buybacks, Hikes Dividend as Profit Drops
Shell Plc’s second-quarter profit fell from the highs seen last year but the company pledged extra share buybacks
2023-07-27 15:46
Nestle Raises Sales Guidance, Predicting Rebound in Consumption
Nestle SA inched up its revenue guidance, forecasting a rebound in consumption after passing peak inflation. Sales should
2023-07-27 15:29
Xi Protege’s Sudden Removal Adds to Rough Start for Third Term
The sudden ouster of Xi Jinping’s handpicked foreign minister is the latest example of how the Chinese president’s
2023-07-27 14:59
Iberdrola First Half Earnings Meet Estimates as Hydro Recovers
Spanish renewable energy giant Iberdrola SA reported first-half earnings that met analyst estimates, driven by the recovery of
2023-07-27 14:53