Africa's richest man launches $20 billion refinery to revive Nigeria's oil industry
Nigeria on Monday commissioned the Dangote oil refinery — considered a 'game-changer' in ending the country's fuel imports.
2023-05-23 05:17
Debt ceiling deal: The sticking points holding things up
President Biden and US lawmakers are trying to hash out a deal ahead of a 1 June debt ceiling deadline.
2023-05-23 05:17
South Korea consumer sentiment hits 1-year high, inflation expectations weaken
SEOUL Consumer sentiment in South Korea improved in May to the highest level in a year, with their
2023-05-23 05:15
Regional Banks Rallied Last Week. Traders Continued to Short the Sector
Short sellers increased bets against regional banks last week even as the sector notched one of its best
2023-05-23 03:00
Two Fed Officials Say More Interest-Rate Raises May Be Needed to Cool Prices
Two Federal Reserve hawks saw the need to raise interest rates further this year, days after Chair Jerome
2023-05-23 01:52
Why we may need a stock market plunge to solve the debt ceiling crisis
Wall Street is taking a no-worries attitude about the ticking time bomb in Washington that threatens to blow up the world economy. That might be a problem.
2023-05-23 01:15
USTR requests labor rights probe at Goodyear Tire plant in Mexico
WASHINGTON The U.S. Trade Representative's office on Monday said it has asked Mexico to investigate labor rights denial
2023-05-22 23:53
Danish Housing Is Stable After ‘Quite a Fall,’ Governor Says
Denmark may have seen the worst of its housing-market slump and any economic impact should prove less painful
2023-05-22 23:25
Greek vote shows public mellowing from crisis-era anger
By Michele Kambas and Renee Maltezou ATHENS A resounding defeat of radical parties in Greece's election on Sunday
2023-05-22 22:19
Canadian banks see earnings risk from commercial property loans, TD in focus
By Nivedita Balu TORONTO Canadian banks are expected to report a rise in bad debt provisions and highlight
2023-05-22 21:21
Debt ceiling woes could kill dealmaking on Wall Street
Mergers and acquisitions are Wall Street's bread and butter. When companies combine, or one company buys another, it creates opportunities for investors and banks to make money by providing advice or finance for the transaction.
2023-05-22 19:49
Analysis-Private equity steps up lending as U.S. banks pull back
By Tatiana Bautzer and Saeed Azhar NEW YORK The turmoil facing U.S. regional banks has prompted some lenders
2023-05-22 18:27