European Stocks Drop for First Time in Three Days on Policy Risk
European stocks declined for the first time in three days as investors weighed the possibility of hawkish-for-longer central
2023-08-11 20:15
Norway’s $1.4 Trillion Wealth Fund Wants ESG Ratings Overhauled
Norway’s $1.4 trillion wealth fund is backing a European Commission proposal to overhaul the ESG ratings industry amid
2023-08-11 19:59
Hard Landing Is Here for Trade, Roiling World Export Champs
Supply Lines is a daily newsletter that tracks global trade. Sign up here. As economists gauge the likelihood
2023-08-11 19:53
FC Barcelona to List Media Unit in NY in $1 Billion SPAC Deal
Spanish football’s FC Barcelona will list its content creation unit Barca Media in the US via a merger
2023-08-11 19:45
Maui Death Toll Climbs to 55 After Fire Destroys Hawaiian Resort
Hundreds of people are still missing after wildfires turned the historic Hawaiian town of Lahaina into ash and
2023-08-11 19:19
Meloni-Style Capitalism is Reshaping Corporate Italy
For Giorgia Meloni, wielding power in Italy now means steering the country’s biggest businesses too. The premier’s activism
2023-08-11 19:16
HK Narrows 2023 GDP Expectations as Recovery Loses Steam
Hong Kong is slightly less optimistic about its outlook for economic growth this year as the post-pandemic activity
2023-08-11 18:47
Indonesia Seeks to Win EV Race With 0% Export Duty, No Sales Tax
Indonesia is said to be planning more tax incentives to attract global electric-vehicle producers, seeking to bolster its
2023-08-11 18:22
Disappointing China Loans Is a Cry for More Easing, Analysts Say
The plunge in China’s new loans in July is reinforcing fears of deflation and a worsening economic slowdown,
2023-08-11 18:16
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:15
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:54
UPS Pay Hikes for Package Handlers Raise Pressure on FedEx
The raises won by United Parcel Service Inc. package handlers are going to put FedEx Corp. in a
2023-08-11 17:52