Stock market today: World shares decline on worries over US debt; Germany slips into recession
Shares are mostly lower in Europe and Asia as investors watch for signs of progress on a deal to avert a default on U.S. government debt
2023-05-25 17:29
Bank of America redeploys 40 Asia bankers as China dealmaking stalls
HONG KONG Bank of America Corp has told around 40 bankers in Asia to look for new roles
2023-05-25 17:28
McCarthy set to send the House home without a debt limit deal
House Speaker Kevin McCarthy appears set to send members home after votes on Thursday, signaling that debt negotiations with the White House will continue as the risk of a first-ever default grows.
2023-05-25 17:24
Blockchain.com CEO says US default would hit crypto initially
By Andrew Mills DOHA A U.S. government default would trigger an initial pull-back from crypto currencies followed by
2023-05-25 17:23
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:19
Wanda in Talks to Refinance $275 Million Private Debt Facility
Chinese conglomerate Dalian Wanda Group Co. is in discussions with lenders to refinance a $275 million private debt
2023-05-25 17:19
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:17
Deaths Soar on Everest After Record Number of Climbers Attempt Summit
The latest climbing season on Mount Everest, the world’s highest peak, is set to become one of the
2023-05-25 16:57
European Gas Slumps Again as Industries Struggle to Boost Demand
European natural gas prices fell further from the lowest close in almost two years as a weak regional
2023-05-25 16:49
Power2Drive Europe: Mobile Electricity Storage Systems for Private Homes and Businesses – and for a Stable Power Grid
MUNICH & PFORZHEIM, Germany--(BUSINESS WIRE)--May 25, 2023--
2023-05-25 16:47
Euro slips as Germany enters recession, dollar hits 2-month peak
By Kevin Buckland and Samuel Indyk LONDON The euro dropped on Thursday as Europe's largest economy Germany was
2023-05-25 16:47
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
2023-05-25 16:26