Stubbornly High Interest Rates Risk Squeezing the Life Out of UK Companies
The UK is facing a “double whammy” as higher-for-longer interest rates begin to bite, with the country particularly
2023-10-12 17:50
ECB can aim for 'soft-landing' as long as inflation falls
MARRAKECH The European Central Bank should aim to engineer a "soft landing" for the euro zone's economy as
2023-10-12 17:17
Israel-Hamas conflict is 'new cloud' darkening economic outlook -IMF chief
MARRAKECH, Morocco International Monetary Fund managing director Kristalina Georgieva on Thursday said the Israel-Hamas conflict was "heartbreaking" and
2023-10-12 17:16
Current ECB Interest Rates Will Bring Inflation to Target, Centeno Says
European Central Bank Governing Council member Mario Centeno said he’s confident that current monetary-policy settings will bring inflation
2023-10-12 16:58
Saudi, Iranian Leaders Hold Rare Call to Discuss Israel-Hamas War
Saudi Arabia’s Crown Prince and de facto ruler Mohammed bin Salman discussed the war between Israel and Hamas
2023-10-12 16:26
Apollo Funds Agree to Buy Wagamama Owner for $623 Million
Apollo Global Management Inc. agreed to buy The Restaurant Group Plc, the owner of Wagamama, for £506 million
2023-10-12 15:27
Manila Electric to Invest $280 Million in Solar Power Company
Philippine power retailer Manila Electric Co. said its unit, MGen Renewable Energy, will invest 15.9 billion pesos ($280
2023-10-12 15:23
Biden Denounces Efforts to Justify Hamas in Fiery Speech
President Joe Biden offered full-throated support to the Jewish community and a fiery denunciation of those offering justification
2023-10-12 14:56
Ericsson’s $3 Billion Charge Piles Pressure on CEO, Cevian Says
Ericsson’s nearly $3 billion writedown related to its biggest acquisition will ratchet up the pressure on the key
2023-10-12 14:18
Ruble Surges as Russia Reimposes Some Exporter Capital Controls
Russia’s currency headed for its best day in a month after the government imposed some capital controls as
2023-10-12 14:17
UK Relies on Nordic Power Lifeline to Keep Lights on This Winter
Record exports of power from the Nordic region will be vital to keeping the lights on in Europe’s
2023-10-12 13:56
Goldman Sues Malaysia as 1MDB Settlement Dispute Escalates
Goldman Sachs Group Inc. took the unusual step of suing Malaysia in a UK court amid festering disagreement
2023-10-12 12:58