Ford Shuts Down in Brazil, and China’s Top EV Maker Comes to the Rescue
(Bloomberg Markets) -- On Brazil’s east coast, the vast parking lot off Avenida Henry Ford sits empty. Shift workers once
2023-08-09 17:22
Italy Trims Bank Windfall Tax After $10 Billion Value Wiped Out
The Italian government backtracked on part of its new windfall tax on banks, saying it would introduce a
2023-08-09 15:59
Deflation: Why falling prices in China raise concerns
The world's second largest economy has slipped into deflation for the first time in more than two years.
2023-08-09 15:29
European Stocks Jump as Banks Rebound After Italy-Fueled Rout
European stocks bounced, led by a jump in Italian banks, as investors weighed a clarification from Italy about
2023-08-09 15:26
Asian Pharmaceutical Stocks Get Lift From Weight-Loss Drug Hype
Asia took over the baton from Wall Street to see a rally in weight-loss related stocks after a
2023-08-09 13:57
Country Garden Shows Even China’s Once-Mighty Builders at Brink
China’s former biggest builder Country Garden Holdings Co. has joined the ranks of once-strong developers that are deferring
2023-08-09 12:47
Foreign Outflows Give Taiwan Asia’s Worst-Performing Currency
Taiwan’s dollar had a rough run this quarter and investors fleeing Asia’s lowest-yield market outside of Japan threaten
2023-08-09 11:49
Superconductor Stocks Drop in Korea Amid Doubts on Breakthrough
South Korean stocks that had skyrocketed on perceived links to superconductors fell for a second day Wednesday after
2023-08-09 10:47
Canada to Sell Pipeline Stake to Indigenous Groups Through SPV
Canada plans to sell a stake in the Trans Mountain oil pipeline to indigenous groups through a special-purpose
2023-08-09 09:27
UAW Demands Would Add $80 Billion to US Carmaker Labor Costs
New contract demands made by the United Auto Workers union would add more than $80 billion to each
2023-08-09 08:27
Tycoon Who Gave Away $750 Million Sees Profit in Loans to Poor
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought
2023-08-09 08:26
Indian Debt Collection Startup Raises $50 Million From Accel, Westbridge
Credgenics, an online service that helps banks collect on debt, raised $50 million in a funding round led
2023-08-09 07:52