Saudi PIF to Create Steel Giant with $3.3 Billion Sabic Deal
Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the
2023-09-03 16:29
Europe’s Retail Bond Rush Shows Household Savers’ Growing Clout
A pair of bond sales in the past week shows how European governments are increasingly turning to households
2023-09-03 15:54
Foxconn Founder Quits Board After Launching Presidential Bid
Foxconn Technology Group’s billionaire founder Terry Gou resigned from his position on the company’s board as he ramps
2023-09-03 13:27
Swiss Luxury Watchmakers Face Profit Squeeze From Stronger Franc
Swiss luxury watchmakers who’ve weathered the rise of smartwatches, a pandemic and the highest inflation in decades say
2023-09-03 12:51
Oil Industry Elite Hits Singapore to Debate Crude’s Next Twist
Oil’s having a rocky year, swung by jitters over China’s slowdown, OPEC+ supply cuts, and the fallout from
2023-09-03 09:50
Mukesh Ambani succession plan: The new generation taking over from Asia’s richest man
Mukesh Ambani, who heads India's biggest business empire, is preparing to hand over the reins to his children.
2023-09-03 07:55
China’s Fragile Recovery Keeps Policymakers on Alert
China’s trade and inflation data this week will likely signal that the economy’s recovery remains fragile, keeping pressure
2023-09-03 05:15
From BlackRock to Pimco, Bond Investors Bet Fed Hiking Is Over
For the first time since the Federal Reserve started raising interest rates almost 18 months ago, the labor
2023-09-03 04:53
Stablecoin Reshuffling Chips Away at Tether’s Crypto Market Dominance
Tether, the digital token that underpins much of cryptocurrency world’s ecosystem, saw its market capitalization decline for the
2023-09-02 22:56
BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYD
BMW AG presented the first prototype of its future electric-vehicle lineup, ringing in a new stage in the
2023-09-02 18:28
ECB’s Wunsch Says ‘Bit More’ Probably Needed on Rate Hikes
The European Central Bank might need to raise interest rates further before coming to a pause in its
2023-09-02 16:52
Ports in Europe Lure Investors Into Clean Energy Gateway Plan
Ports in Europe are racing to win a key role in the bloc’s ambitious climate strategy as they
2023-09-02 14:56