Euro-Zone Crawl Toward 2% Inflation Keeps ECB in Rate-Hike Mode
Euro-zone inflation data next week will probably show frustratingly slow progress toward the European Central Bank’s 2% target,
2023-05-26 23:15
PacWest Executives Were Trying to Start Over. Then SVB Failed
Even before a series of failures rattled regional banks across the US this year, one knew it needed
2023-05-26 20:21
BofA Strategist Warns of Equity Stress as 2023 Flows Turn Flat
The three-year run of investors pouring cash into stocks has run out of steam, according to a note
2023-05-26 19:57
Italy’s Industry Ministry Says Website Down After Cyberattack
The website of Italy’s industry ministry was under attack by hackers on Friday, with users unable to access
2023-05-26 19:22
Credit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili
A Credit Suisse Group AG unit was ordered to pay billionaire Bidzina Ivanishvili what is set be hundreds
2023-05-26 18:57
Citi Strategists Lift US Stocks on AI Appeal, Resilient Growth
Citigroup Inc. strategists raised US stocks to neutral and tech shares to overweight on the expected boost from
2023-05-26 16:47
Swiss Minister Calls Credit Suisse Managers ‘Arsonists’
Switzerland’s Finance Minister Karin Keller-Sutter denied government responsibility for the near-collapse of Credit Suisse Group AG in March,
2023-05-26 16:22
British Airways Cancels Flights for Second Day After IT Outage
British Airways was forced to cancel more of its short-haul flights from Heathrow on Friday following a computer
2023-05-26 16:21
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part
2023-05-26 15:26
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 15:18
Hungary Budget Overruns Are Becoming an Issue for Investors
Hungarian Prime Minister Viktor Orban’s government is pushing back against growing criticism over fiscal management that investors say
2023-05-26 14:58
Weak Rand, Government Missteps Deny South Africans Rates Relief
South Africa’s central bank is reluctant to pivot away from policy tightening after raising its benchmark interest rate
2023-05-26 13:59