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
China's record carbon emissions expected to peak due to clean energy push, report says
China's carbon emissions will likely hit a new record in 2023 on the back of an economic rebound, but a rapid expansion in green energy will enable its emissions to peak soon, a global energy think tank said on Friday.
2023-05-12 15:27
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
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 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 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’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
Australia's trade minister visits China to lobby for 'full' restoration of trade
Australia's trade chief has arrived in China to lobby for the removal of curbs from its top trading partner, three years after relations soured when the previous administration in Canberra called for an investigation into the origins of Covid-19.
2023-05-12 14:25
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
Nissan Shares Rise After Profit Outlook Tops Estimates
Nissan Motor Co. shares rose the most in almost a year after the carmaker raised its operating profit
2023-05-12 13:55
Gold Looks ‘Best Hedge’ as Debt-Ceiling Angst Builds, RBC Says
Mounting fears over the US debt-ceiling crisis will benefit gold as investors brace for potential chaos in financial
2023-05-12 13:50
Meet the Contenders Vying to Become Kenyan Central Bank Governor
Six candidates are vying to succeed Patrick Njoroge as the governor of Kenya’s central bank, a changeover that
2023-05-12 13:28