US Budget Deficit Doubles to $2 Trillion in Dire Warning for Washington
In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting
2023-10-24 17:55
Cnooc Profit Drops on Lower Oil Price Despite Rising Output
Cnooc Ltd.’s profit dropped in the third quarter due to lower oil prices as China’s sputtering economic recovery
2023-10-24 17:48
Barclays Flags Cost Cuts as Traders Miss, UK Guidance Drops
Barclays Plc is planning to cut costs after the banking giant’s trading division missed estimates in the third
2023-10-24 16:25
Swedish Landlord Heimstaden Sees Stabilizing Property Values
Heimstaden Bostad AB, one of Europe’s biggest residential landlords, says property valuations are now showing signs of stabilization
2023-10-24 16:19
World Bank's Banga says geopolitics pose 'serious' risk to world economy
By Jorgelina do Rosario LONDON World Bank President Ajay Banga said on Tuesday that geopolitic tensions pose the
2023-10-24 15:58
Novartis Lifts Outlook After Shedding Sandoz Generics
Novartis AG raised its profit forecast for a third time in the drugmaker’s first report after spinning off
2023-10-24 15:53
Puma Earnings Beat Estimates on Strong Demand for Sneakers
Puma SE reported earnings that narrowly beat analysts’ estimates amid strong demand for sneakers in Europe and a
2023-10-24 15:52
Goldman, Citigroup Drop Off Investcorp Capital’s Abu Dhabi IPO
Goldman Sachs Group Inc. and Citigroup Inc. have dropped off the planned Abu Dhabi initial public offering of
2023-10-24 15:47
UK Is Losing Jobs at the Sharpest Pace Since the Pandemic
The UK economy lost jobs again in the quarter though August, marking the longest drop in employment since
2023-10-24 15:16
Nigeria to Tighten Rules to Curb Raw Mineral Exports
Nigeria plans to tighten rules to reduce the export of raw minerals and encourage the shipment of processed
2023-10-24 14:57
Hermes Sales Climb as US, Europe Shoppers Splurge on Birkin Bags
Hermes sales jumped as wealthy shoppers in the US and Europe splurged on the French company’s pricey Birkin
2023-10-24 14:46
Saudi Arabia’s Neom, DSV Form $10 Billion JV for Futuristic City
Saudi Arabia’s Neom is setting up a $10 billion venture with Danish freight forwarder DSV A/S to help
2023-10-24 14:21