Stubbornly High Interest Rates Risk Squeezing the Life Out of UK Companies
The UK is facing a “double whammy” as higher-for-longer interest rates begin to bite, with the country particularly
2023-10-12 17:50
Current ECB Interest Rates Will Bring Inflation to Target, Centeno Says
European Central Bank Governing Council member Mario Centeno said he’s confident that current monetary-policy settings will bring inflation
2023-10-12 16:58
Musk’s X Rebuffs Accusations of Israel-Hamas War Disinformation
Elon Musk’s X said it scrubbed or labeled tens of thousands of posts including “illegal” content since the
2023-10-12 16:22
EasyJet Places Giant $20 Billion Airbus Order to Renew Fleet
EasyJet Plc placed the biggest aircraft order in the discount carrier’s history, potentially buying as many as 257
2023-10-12 16:15
Kia’s New EV Range Includes Cars That Can Turn Into Bedrooms
Kia Corp. unveiled a compact electric sport-utility vehicle and two concept EVs as it builds out a range
2023-10-12 15:58
UK Economy’s Modest Rebound Fails to Allay Stagnation Fears
UK economic growth remained weak in August, as a modest rebound from a strike-afflicted July failed to ease
2023-10-12 15:55
Apollo Funds Agree to Buy Wagamama Owner for $623 Million
Apollo Global Management Inc. agreed to buy The Restaurant Group Plc, the owner of Wagamama, for £506 million
2023-10-12 15:27
Manila Electric to Invest $280 Million in Solar Power Company
Philippine power retailer Manila Electric Co. said its unit, MGen Renewable Energy, will invest 15.9 billion pesos ($280
2023-10-12 15:23
Codelco Is Said to Near Buyout of Australia’s Lithium Power
Codelco, the world’s biggest copper producer, is nearing a deal to acquire Lithium Power International Ltd. that could
2023-10-12 15:21
Biden Denounces Efforts to Justify Hamas in Fiery Speech
President Joe Biden offered full-throated support to the Jewish community and a fiery denunciation of those offering justification
2023-10-12 14:56
Goldman Executive Has Strategy to Dodge Hedge Funds’ ESG Attacks
As short sellers target traditional green stocks being hammered by inflation, an executive at the fund management arm
2023-10-12 14:18
Ericsson’s $3 Billion Charge Piles Pressure on CEO, Cevian Says
Ericsson’s nearly $3 billion writedown related to its biggest acquisition will ratchet up the pressure on the key
2023-10-12 14:18