IMF Touts $100 Billion for Poorest; Zambia Deal: Paris Update
The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest
2023-06-23 00:16
Egypt Climate Bond May Get Vital Guarantee From Asian Bank
The Asian Infrastructure Investment Bank, a multilateral development bank, is in talks to guarantee a climate-related bond being
2023-06-22 23:59
Hog Herds to Shrink as US Farms Lose Money, Smithfield Warns
American pig farmers are losing so much money that some may soon start selling the corn they would
2023-06-22 23:55
Utility’s Mystery 952% Rally Prompts Polish Regulator Probe
The Polish Securities Commission is investigating potential insider trading in the shares of utility EC Bedzin SA after
2023-06-22 23:52
Turkish State Banks Hold off Lira Defense in Policy Shift Signal
Turkey’s state-run banks didn’t intervene to prop up the lira on Thursday, even after a central bank interest-rate
2023-06-22 23:28
Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023
Federal Reserve Chair Jerome Powell said returning US inflation to 2% is crucial to support the long-term health
2023-06-22 23:17
Warren Buffett's charitable giving tops $51 billion
By Jonathan Stempel Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting
2023-06-22 22:19
NRG Energy Lifts Buybacks, Considers Board Changes After Criticism by Activist Firm Elliott
NRG Energy Inc. said it is boosting share buybacks and plans to refresh its board after activist investor
2023-06-22 21:53
Turkey’s Lira Slumps After a Smaller-Than-Expected Rate Rise
Turkey’s central bank delivered a significantly smaller interest-rate increase than anticipated, as policy makers embark on what they
2023-06-22 20:54
Bank of England’s Shock Rate Rise Divides UK Economist Reaction
The Bank of England’s shock decision to raise borrowing costs a half percentage point divided business groups, consumer
2023-06-22 20:52
Lula Irked by Central Bank’s Lack of Clarity on Rate Cuts
President Luiz Inacio Lula da Silva and his economic team were irked by some highly-anticipated comments from the
2023-06-22 20:50
Platt’s BlueCrest Dodges UK Demand for $700 Million Compensation
Michael Platt’s investment firm BlueCrest Capital Management, which is fighting a multi million pound UK fine, won a
2023-06-22 20:28