Italy’s Windfall Profits Tax on Banks Spooks Markets
Italy’s right-wing government spooked markets with an unexpected tax on banks’ windfall profits, sending the country’s leading lenders
2023-08-08 15:51
Analysis-Oil hedge funds place their bets on heat-fueled hurricane season
By Nell Mackenzie LONDON Bullish gasoline positions have hit their highest since the day Russia invaded Ukraine and
2023-08-08 15:28
Italian Stocks Lead Losses in Europe After Windfall Tax on Banks
European stocks fell after Italy surprised investors with a new tax on bank profits, sending lenders’ shares plunging.
2023-08-08 15:22
SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:59
LNG Japan Agrees $880 Million Deal to Join Giant Gas Project
LNG Japan Corp. agreed a deal worth as much as $880 million for a stake in a giant
2023-08-08 14:56
Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:49
Bayer Lowers Revenue Forecasts for Crops and Drugs Units
Bayer AG reduced its sales forecasts for its crop science and pharma divisions this year, accounting for the
2023-08-08 14:30
Glencore Mid-Year Profit Plunges 50% as Commodity Prices Retreat
Glencore Plc reported a steep drop in first-half profit and slashed returns to its shareholders after disappointing Chinese
2023-08-08 14:20
Europe’s Inflation-Risk Gauge Flashing Red Is a Headache for ECB
Market measures of inflation risk in Europe are testing record highs and posing a challenge to European Central
2023-08-08 14:19
Wanda Executive Taken Away by China’s Police, Local Media Says
A senior executive of Dalian Wanda Group Co. was taken away by police in China, according to a
2023-08-08 13:52
Why has Ireland got so much surplus cash?
The Republic of Ireland is predicted to have a €65.2bn (£56.3bn) budget surplus by 2027.
2023-08-08 13:47
Stability AI’s Lead Threatened by Departures, Concerns Over CEO
Late last year, Stability AI Ltd., a startup based in London, was at the center of the AI
2023-08-08 13:29