Britain's second-largest city effectively declares itself bankrupt amid $950 million equal pay claims
Britain's second-biggest city effectively declared itself bankrupt on Tuesday, shutting down all nonessential spending after being issued with equal pay claims totaling up to £760 million ($956 million).
2023-09-06 01:53
Warner Bros. Discovery says actors and writers strikes will cost it up to $500 million this year
Warner Bros. Discovery trimmed its full-year earnings guidance for 2023 on Tuesday by $300 million to $500 million because of the continued strike by actors and writers, which has stopped production of most shows and movies.
2023-09-05 21:53
UK PMI survey shows sharpest business slowdown in 7 months
By David Milliken LONDON Business activity in Britain's services sector fell last month for the first time since
2023-09-05 19:15
EU Seizes on Putin and Xi’s G-20 Absence to Engage Africa
The European Union plans to take advantage of the absence of Xi Jinping and Vladimir Putin from this
2023-09-05 14:25
Brazil Congress proposes market regulations after Americanas scandal
BRASILIA Federal lawmakers in Brazil suggested several measures to boost accountability in the financial market, a report showed
2023-09-05 06:45
Colombia Finance Ministry and Business Groups Make Rare Joint Plea for Interest Rate Cuts
Colombia’s Finance Ministry joined the nation’s top bankers and industrialists in calling for interest rate cuts to revive
2023-09-05 04:26
Brazil's Petrobras walks back 4 divestment processes after review
SAO PAULO Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset
2023-09-04 21:26
Lagos traffic jams disappear. But this isn't good news for Nigeria
The removal of a fuel subsidy has pushed the cost of transport out of the reach of many Nigerians.
2023-09-04 07:19
Mukesh Ambani succession plan: The new generation taking over from Asia’s richest man
Mukesh Ambani, who heads India's biggest business empire, is preparing to hand over the reins to his children.
2023-09-03 07:55
China’s Fragile Recovery Keeps Policymakers on Alert
China’s trade and inflation data this week will likely signal that the economy’s recovery remains fragile, keeping pressure
2023-09-03 05:15
Broadcom falls as forecast pales before Nvidia's blowout results
Broadcom shares fell 4.2% in premarket trading on Friday as the semiconductor maker's quarterly revenue forecast fell short
2023-09-01 20:19
New Rising Stars Are Powering Gulf’s $50 Billion Spending Spree
Oil-rich Gulf monarchies are channeling more international deals via state-backed firms instead of the region’s sovereign wealth funds,
2023-09-01 13:52