The Big Bet on Luxury Stocks Stumbles on Inflation, China Woes
Problems are stacking up for Europe’s hottest sector. A warning from the chairman of Cartier-owner Richemont that stubborn
2023-09-10 16:21
PIF-Backed Driller, Holders Seek up to $1.2 Billion in Saudi IPO
ADES Holding Co. and its main shareholders, which include Saudi Arabia’s sovereign wealth fund, are seeking to raise
2023-09-10 14:46
Egypt Inflation Soars as Higher Food Costs Add to Currency Angst
Egyptian inflation soared to a fresh record, with consumer costs now increasingly at the mercy of whether authorities
2023-09-10 14:18
Morocco Mourning, G-20 Anger, Fuel Crisis: Sunday Asia Briefing
Morocco is grieving as rescue workers search for survivors of an earthquake that killed more than 2,000 people.
2023-09-10 12:55
Extreme Heat Is Fast Becoming a Threat to Global Fuel Security
Searing temperatures from Texas to Tokyo over the summer are the latest reminder of a growing headache for
2023-09-10 10:59
Mexico Presidential Nominee Says She Won’t Privatize Pemex
Mexican opposition presidential candidate Xochitl Galvez said she doesn’t plan to privatize the state-owned oil company Petroleos Mexicanos,
2023-09-10 09:48
AMLO’s Flagship Projects Drive Big Boost in Mexico’s 2024 Budget
President Andres Manuel Lopez Obrador’s big projects are a driving force behind the Mexican government’s plans to boost
2023-09-10 06:56
Bond Traders Brace for Risk Inflation Will Fuel Rate-Hike Bets
Bond traders have been ratcheting up bets that the Federal Reserve isn’t done with its interest-rate hikes just
2023-09-10 06:29
America is in a factory boom again. Even a recession may not bring it down this time
On a warm Saturday morning in July, as Kathie Leonard planned to set out on her boat for a day on the water off the coast of Maine, her phone rang. The call was from the head of the Maine Department of Economic and Community Development, asking if Auburn Manufacturing — the specialized textiles maker Leonard runs — would be interested in hosting "the president" in the coming week.
2023-09-10 02:48
Wall Street Fears a Too-Hot Economy as Recession Bets Plunge
As the odds of a recession collapse on Wall Street, markets are back to being vulnerable to any
2023-09-10 02:25
Polish Ruling Party Pledges Lower Retirement Age as Ballot Nears
Poland’s nationalist ruling party will seek to effectively reduce the retirement age, its latest election-campaign promise coming after
2023-09-10 00:45
G20 laments war in Ukraine but avoids blaming Russia
Leaders meeting in Delhi issue an ambiguous statement on the conflict, drawing criticism from Kyiv.
2023-09-10 00:18