Julius Baer’s €600 Million Loans to Signa Draw Swiss Scrutiny
Julius Baer Group Ltd.’s exposure to the crumbling empire of Rene Benko is being monitored by Swiss regulator
2023-11-22 00:24
German Budget Chaos Puts Industry’s Green Overhaul at Risk
Germany’s emergency spending freeze is blocking funds for next-generation auto-industry and steel plants, jeopardizing the push to re-engineer
2023-11-22 00:15
France Risks Breaching EU’s Fiscal Guidance, European Commission Warns
France is at risk of flouting European Union fiscal guidance while Germany and Italy aren’t seen to be
2023-11-21 23:16
Is the US Headed for a Recession? Look at What Richer Americans Do on Black Friday
Richer Americans are curtailing their spending ahead of Black Friday, a worrisome sign for an economy that has
2023-11-21 22:48
Baidu’s ChatGPT-Style AI Begins to Earn as Sales Beat Estimates
Baidu Inc.’s ChatGPT-style Ernie bots are beginning to add to the company’s top line, potentially shoring up advertising
2023-11-21 21:58
Microsoft Hiring Sam Altman Won’t Solve Its OpenAI Problem
After a chaotic few days of boardroom coups and attempted counter-coups at OpenAI, Microsoft Corp. said it would
2023-11-21 20:22
Europe Inc. Nurses $5.7 Billion Loss in Worst FX Pain Since 2020
European multinationals doing business abroad suffered the biggest hit to earnings from currency volatility in nearly three years,
2023-11-21 20:21
Kim Kardashian’s Buyout Firm Reaches First Deal With Truff Sauce Brand
Skky Partners LP, the investment firm led by Kim Kardashian and Jay Sammons, has gotten a taste of
2023-11-21 20:20
Blackstone to End Legacy Strategy That Gave Money to Hedge Funds
Blackstone Inc. is winding down a strategy that allocated capital to hedge funds ranging from Two Sigma Investments
2023-11-21 18:57
Bond Managers of $2.5 Trillion Make Case for Leaving Cash Behind
For investors stashing record sums in cash, US bond managers overseeing a combined $2.5 trillion have a bit
2023-11-21 18:29
Muddy Waters Short Report Sends CPI Property’s Bonds to Lows
CPI Property Group SA’s bonds tumbled after the Eastern European landlord became the latest target of short seller
2023-11-21 16:57
Swiss Watch Exports Rise Again as Low-Priced Timepieces Surge
Swiss watch exports rose in October with shipments to the key US and Chinese markets increasing and lower-priced
2023-11-21 16:52