Morgan Stanley Downgrades LVMH to End Six Years of Bullishness
For the first time in six years, a Morgan Stanley analyst is relinquishing his positive view on LVMH.
2023-12-01 18:54
South African Factory Manager Outlook Worst Since Covid Lockdown
Factory managers in South Africa are the most pessimistic they’ve been about the outlook for business conditions since
2023-12-01 18:46
UAE Aims for COP28 Finance Splash With $30 Billion Climate Fund
The United Arab Emirates, host of the COP28 climate summit in Dubai, will put $30 billion into a
2023-12-01 18:22
UniCredit Lent About $650 Million to Benko’s Troubled Signa
UniCredit SpA has lent about €600 million ($655 million) to companies that are part of Austrian tycoon Rene
2023-12-01 17:57
UBS Sees More Senior Private Banker Departures in Hong Kong
UBS Group AG has seen at least three senior ex-Credit Suisse private bankers in Hong Kong resign, adding
2023-12-01 17:51
Evergrande Creditors Demand Controlling Stakes in New Proposal
A group of offshore creditors to China Evergrande Group is demanding controlling equity stakes of the property developer
2023-12-01 17:49
European Stocks Extend $1.2 Trillion Rally Before Powell Speech
European stocks kicked off December with gains, extending a rally that added $1.2 trillion to the Stoxx 600’s
2023-12-01 16:58
Goldman Says ECB to Cut Interest Rates Sooner Than Expected
The European Central Bank won’t wait as long as previously forecast to cut its interest rate, with the
2023-12-01 16:57
Ryanair Finds Suspect Engine Components as Fake-Part Case Brews
Ryanair Holdings Plc said it found unauthorized parts in two aircraft engines, becoming the latest major airline caught
2023-12-01 16:53
Woman Discovers Over $86 Million Mistakenly Deposited in Her Bank Account
A client of Malaysia’s biggest bank recently discovered that her bank balance had mysteriously increased to more than
2023-12-01 16:46
SenseTime Mulls Raising Fund for Auto, Health Care Units, Sources Say
SenseTime Group Inc. is exploring carving out its autonomous driving and health care units for separate fundraising, people
2023-12-01 16:28
Fed’s Barr Wants Banks Using Discount Window for Liquidity Needs
The Federal Reserve’s top bank watchdog wants lenders to be more comfortable turning to the central bank’s discount
2023-12-01 16:25