Canada’s Economy Is Proving Surprisingly Immune to Higher Interest Rates
Canada’s economy hasn’t buckled under the weight of higher borrowing costs. On the contrary: strong growth has more
2023-06-05 22:16
Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
2023-06-05 22:16
3M Granted Delay in ‘Forever Chemicals’ Trial to Negotiate Settlement
The judge overseeing 4,000 lawsuits involving 3M Co. “forever chemicals” agreed to delay the first trial for three
2023-06-05 21:48
Morgan Stanley sees slump in US earnings in 2023, sharp rebound next year
Morgan Stanley warns of a 16% drop in profit for S&P 500 companies this year, followed by a
2023-06-05 20:24
BOE Wants Deposit Protection Fund to Recapitalize Failing Banks
The Bank of England is drawing up plans to recapitalize failing banks through the industry’s deposit protection program
2023-06-05 20:22
Saudi Arabia, US Make Tentative Steps Toward Healing Deep Rift
US Secretary of State Antony Blinken’s visit to Saudi Arabia this week is the latest sign of improving
2023-06-05 19:51
OpenAI boss 'heartened' by talks with world leaders over will to contain AI risks
The CEO of OpenAI says he is encouraged by a desire shown by world leaders to contain any risks posed by the artificial intelligence technology his company and others are developing
2023-06-05 19:48
First on CNN: US senators question Twitter's privacy compliance under Elon Musk
Four US senators are scrutinizing Twitter's privacy practices and questioning whether the platform under CEO Elon Musk flouted consumer protection law following widespread layoffs and resignations, highlighting vast legal risks for Twitter and Musk.
2023-06-05 19:27
Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:55
Analysis-US hotel developers run out of cash as construction lending dries up
By Bianca Flowers and Priyamvada C Tighter lending standards from regional banks are making it harder for U.S.
2023-06-05 18:48
Energy sector's COVID recovery turns into massive CEO payday
By Tim McLaughlin The CEOs of America’s biggest oil companies were paid a lot more in the first
2023-06-05 18:27
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
2023-06-05 18:26