UK Firms Say Wages Add to Inflation Pressures Despite Slowdown
British businesses said staff shortages that are forcing them to drive up wages are adding to the cost
2023-06-23 16:46
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:24
Euro-Zone Activity Almost Stalls as Recession Rebound Fades
Economic momentum in the euro area almost came to a halt in June, signaling an end to the
2023-06-23 16:24
Take Five: The only way is up
It's been a turbulent week or two for markets, with one central bank after another making it very
2023-06-23 15:51
Deutsche Bank Hires Credit Suisse’s Lai as Senior Dealmaker
Deutsche Bank AG recruited Joe Lai from Credit Suisse Group AG as the German lender goes on a
2023-06-23 15:49
Erdogan, Netanyahu Plan Meeting to Ease Turkey-Israel Tensions
Turkish President Recep Tayyip Erdogan and Israeli Prime Minister Benjamin Netanyahu plan to meet as early as next
2023-06-23 15:28
Lira Extends Slump as Simsek Emphasizes Free Market Principles
Turkey’s lira extended its slide from Thursday after Treasury and Finance Minister Mehmet Simsek emphasized that he favors
2023-06-23 15:23
Asian markets slide as investors fear more rate hikes by major central banks
Asian stock markets tumbled Friday as investors fretted that more interest rate hikes by major central banks would drag on global economic growth.
2023-06-23 15:17
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:59
Qatar’s Wealth Fund to Buy Stake in NBA’s Washington Wizards
In a first for US sports, Qatar’s sovereign wealth fund has struck a deal to buy a stake
2023-06-23 14:22
UK Retail Sales Rise Unexpectedly to Underline Resilient Economy
UK retail sales rose unexpectedly in May, indicating strength in the economy that the Bank of England fears
2023-06-23 14:20
El Nino’s Fierce Heat Carries New Risk of Resurgent Deadly Viruses
The return of El Niño after nearly four years is raising the specter of extreme weather, economic pain,
2023-06-23 12:56