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UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the
2023-11-30 16:27
Australia's largest pension fund freezes work with auditor PwC
Australia's largest pension fund freezes work with auditor PwC
By Lewis Jackson SYDNEY Australia's largest pension fund will pause use of the domestic unit of auditor PricewaterhouseCoopers
2023-06-02 13:45
Fitch downgrades US credit rating, citing mounting debt and political divisions
Fitch downgrades US credit rating, citing mounting debt and political divisions
Fitch Ratings has downgraded the U.S. credit rating, citing an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades
2023-08-02 06:21
Net Zero Watchdog Revamps Its Organization and Board
Net Zero Watchdog Revamps Its Organization and Board
A United Nations-backed group that helps investors figure out whether corporate net zero claims are credible is reorganizing
2023-09-13 17:52
Price hikes, hectic embassy guidelines and stranded pets: People struggle to find ways out of Israel
Price hikes, hectic embassy guidelines and stranded pets: People struggle to find ways out of Israel
Foreign nationals and dual citizens have scrambled to find ways to get out of Israel after Hamas' gruesome attack on October 7 pushed the country into war.
2023-10-17 19:28
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:59
Marketmind: Fragile markets wait on PMIs
Marketmind: Fragile markets wait on PMIs
A look at the day ahead in European and global markets from Tom Westbrook A red tide swept over Asia-session
2023-06-23 12:53
EU opens probe into X in test of new tech rules, pressure on TikTok, Meta
EU opens probe into X in test of new tech rules, pressure on TikTok, Meta
By Foo Yun Chee and Sheila Dang BRUSSELS/DALLAS (Reuters) -EU industry chief Thierry Breton on Thursday opened an investigation into
2023-10-13 03:26
Republican lawmaker seeks details of Tesla relationship with Chinese battery company CATL
Republican lawmaker seeks details of Tesla relationship with Chinese battery company CATL
WASHINGTON The chair of the House Ways and Means Committee asked Tesla Tuesday to detail its relationship with
2023-09-20 04:29
IMF Lifts China Growth Forecasts Through 2024 on Stimulus
IMF Lifts China Growth Forecasts Through 2024 on Stimulus
The International Monetary Fund upgraded its projections for China’s annual economic growth this year and next as the
2023-11-07 19:18
Biden to Tighten Policing of Biofuel Credits After Wild Swings
Biden to Tighten Policing of Biofuel Credits After Wild Swings
The Biden administration is planning to step up the US government’s policing of an opaque market in biofuel
2023-06-21 11:48
Carrots and sticks: Venezuela's new oil chief targets graft, courts workers
Carrots and sticks: Venezuela's new oil chief targets graft, courts workers
By Tibisay Romero, Deisy Buitrago and Marianna Parraga VALENCIA/CARACAS The new CEO of Venezuelan state-run PDVSA is targeting
2023-05-31 17:17