US Budget Deficit Doubles to $2 Trillion in Dire Warning for Washington
In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting
2023-10-24 17:55
Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting
2023-10-24 17:50
Swedish Landlord Heimstaden Sees Stabilizing Property Values
Heimstaden Bostad AB, one of Europe’s biggest residential landlords, says property valuations are now showing signs of stabilization
2023-10-24 16:19
Goldman, Citigroup Drop Off Investcorp Capital’s Abu Dhabi IPO
Goldman Sachs Group Inc. and Citigroup Inc. have dropped off the planned Abu Dhabi initial public offering of
2023-10-24 15:47
Nidec Plunges Most Since 2011 After EV Malaise Hits Profit
Nidec Corp. slumped the most in more than 12 years after reporting quarterly earnings that missed estimates, underscoring
2023-10-24 14:47
Saudi Arabia’s Neom, DSV Form $10 Billion JV for Futuristic City
Saudi Arabia’s Neom is setting up a $10 billion venture with Danish freight forwarder DSV A/S to help
2023-10-24 14:21
Byju’s CFO Returns to Vedanta to Oversee Restructuring
Vedanta Ltd. has picked the chief financial officer of edtech titan Byju’s to replace the current finance head,
2023-10-24 13:48
ECB’s Clock Ticks as Fate of €1.7 Trillion Bond Pile Is Debated
There’s a growing need for the European Central Bank to rethink how soon it starts shrinking the €1.7
2023-10-24 12:52
Detroit and Korea’s $28 Billion Battery Bets Risk Going Sideways
Weeks of tense bargaining around Detroit are making battery manufacturers some 6,600 miles (10,600 kilometers) away nervous. LG
2023-10-24 12:52
Rusal Secures Alumina Supplies With Rare Russian Deal in China
Russian aluminum giant United Co. Rusal International PJSC agreed to buy a 30% stake in a Chinese alumina
2023-10-24 12:18
Naver Wins Saudi Deal to Build Digital Replicas of Mecca, Riyadh
South Korean internet leader Naver Corp. won a contract to build and operate a cloud platform for Saudi
2023-10-24 11:21
KKR Poised for Kokusai Payoff With Biggest Japan IPO Since 2018
Kokusai Electric Corp. is set to go public on the Tokyo Stock Exchange Wednesday in Japan’s biggest initial
2023-10-24 08:58