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Nissan Profit Outlook Tops Projections as Cost Cuts Bear Fruit
Nissan Profit Outlook Tops Projections as Cost Cuts Bear Fruit
Nissan Motor Co. forecast operating profit for the current fiscal year that exceeded analyst projections, as the Japanese
2023-05-11 16:57
China names head of powerful new financial regulator as industry faces greater scrutiny
China names head of powerful new financial regulator as industry faces greater scrutiny
China has appointed the head of its powerful new financial watchdog, which was created as part of sweeping reforms aimed at reining in the $60 trillion industry.
2023-05-11 16:52
One dead in shooting at Mercedes-Benz plant in Germany
One dead in shooting at Mercedes-Benz plant in Germany
One person has been killed and another seriously injured in a shooting at a Mercedes-Benz plant in Sindelfingen, southern Germany, according to police.
2023-05-11 16:51
SoftBank Group logs $7.2 billion full-year loss on tech woes
SoftBank Group logs $7.2 billion full-year loss on tech woes
SoftBank Group reported an annual net loss of over $7.2 billion on Thursday after a bruising year for the tech startup sector in...
2023-05-11 16:30
Yellen: Different system needed to end repeated standoffs over US debt ceiling
Yellen: Different system needed to end repeated standoffs over US debt ceiling
Treasury Secretary Janet Yellen says that in her personal opinion, the United States should adopt a different system for national finances that might forestall repeated standoffs with Congress over spending
2023-05-11 16:28
Euro zone consumers raise inflation expectations - ECB survey
Euro zone consumers raise inflation expectations - ECB survey
FRANKFURT Euro zone consumers raised their inflation expectations in March, even as the rate of price growth fell
2023-05-11 16:25
ING Plans €1.5 Billion Buyback as Rates Fuel Profit Beat
ING Plans €1.5 Billion Buyback as Rates Fuel Profit Beat
ING Groep NV plans to buy back as much as €1.5 billion ($1.65 billion) worth of shares after
2023-05-11 15:56
Egyptian Pound Devaluation Bets Ease as Citi Sees No Short-Term Move
Egyptian Pound Devaluation Bets Ease as Citi Sees No Short-Term Move
Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the
2023-05-11 15:56
A Cash Crunch Is Pushing Up Funding Costs in India Deterring More RBI Hikes
A Cash Crunch Is Pushing Up Funding Costs in India Deterring More RBI Hikes
A cash crunch driven surge in funding costs in Indian money market to a five-week high may deter
2023-05-11 15:49
US debt 'brinkmanship' risks serious costs: Yellen
US debt 'brinkmanship' risks serious costs: Yellen
Political brinkmanship over raising the US debt ceiling risks "serious economic costs" even without the "catastrophe" of a default, Treasury Secretary Janet Yellen warned Thursday...
2023-05-11 15:26
Yellen Says Debt Default Would Hurt US International Leadership
Yellen Says Debt Default Would Hurt US International Leadership
Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to
2023-05-11 15:24
How Europe is building artificial intelligence guardrails
How Europe is building artificial intelligence guardrails
Authorities around the world are racing to draw up rules for artificial intelligence, including in the European Union, where draft legislation faces a pivotal moment
2023-05-11 14:58
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