ZURICH The Swiss National Bank said on Thursday it will start a pilot project next month using central

AUSTIN, Texas--(BUSINESS WIRE)--Jul 5, 2023--

The coming week’s earnings will shed light on whether the artificial intelligence-fueled rebound in the technology sector is

Applications for unemployment benefits fell again last week as America’s labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that’s still higher than optimal

Equity markets rose Thursday on hopes that the Federal Reserve's latest interest rate hike will be its last as data indicates inflation is being brought under control and the US...

Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to

Saudi Arabia says it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices

(Reuters) -Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the Financial Times reported on

Eurozone economic activity shrank further in September but the rate of decline has slowed, a key...

Manchester United’s valuation on the New York Stock Exchange plummeted by more than £500million in the wake of a report that the Glazers have decided not to sell. Nine months ago the owners announced a full sale was among the options being considered as part of a strategic review at the Old Trafford club. Sheikh Jassim and Sir Jim Ratcliffe made offers to buy United, yet the interminable potential takeover process rumbles on as fans continue to protest against the Glazers. Hopes of a full sale were seemingly dashed when the Mail on Sunday reported that the owners are taking the club off the market and will try to sell again in 2025. That report led to more than £500m being knocked off United’s share price on Tuesday. After the New York Stock Exchange reopened following the Labor Day holiday, the price plummeted from 23.66 US dollars (£18.83) to 19.35 US dollars (£15.40) by close. United’s market capitalisation – the company’s worth on the stock market – was left at 3.15billion US dollars (£2.5billion) after the 18.22 per cent drop. Earlier this year the Glazer family reportedly valued United at £6bn. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

Honda Motor is shelving plans to jointly develop affordable electric vehicles (EVs) with General Motors due to a

South Africa’s state-owned power utility will ramp up rolling power outages, after a breakdown of a generation unit