Germany’s EON Creates New Gas and Power Trading Unit
German utility EON SE is setting up a new European trading business in an effort to tap opportunities
2023-05-23 21:26
South Africa could become failed state, says ANC's Fikile Mbalula
Fikile Mbalula says that incessant power cuts in South Africa have "made a mess of our country".
2023-05-23 20:56
Jamie Dimon warns of a commercial real estate downturn
Economists are concerned about the $20 trillion commercial real estate (CRE) industry and so is JPMorgan Chase CEO Jamie Dimon.
2023-05-23 19:50
Ocado Could Exit FTSE 100 Index in Fresh Blow to UK’s Tech Hopes
Ocado Group Plc, an online grocer and maker of automated warehouses, is in danger of being booted out
2023-05-23 19:28
Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 19:18
Singapore Orders Review After Outcry Over Ministers’ Home Rents
Singapore Prime Minister Lee Hsien Loong ordered a review after questions were raised in parliament and on social
2023-05-23 18:50
IMF Says UK Economy Will Grow Faster Than Germany This Year
The UK economy will grow faster than Germany this year and avoid a recession, the International Monetary Fund
2023-05-23 17:58
Yelp Soars Most Since August on Report of Activist Call for Sale
Yelp Inc. shares are on track to rise the most since August following a Wall Street Journal report
2023-05-23 17:28
London-Based Startup Builder.ai Raises $250 Million
Builder.ai, an artificial intelligence company based in London, has raised $250 million in a funding round led by
2023-05-23 17:21
EU antitrust regulators drop probe into tech group's video licensing policy
BRUSSELS EU antitrust regulators have closed their investigation into the Alliance for Open Media's (AOM), video licensing policy,
2023-05-23 17:17
Fed Rate Path Hinges on Trade-Off Between Stable Banks or Prices
Federal Reserve policymakers are increasingly grappling with a critical question: How much should they weigh the adverse impact
2023-05-23 17:15
Indian Banks Are Set for a Profit Boost on Bank Notes Withdrawal
A key metric of profitability for Indian banks, lending margins, is set to get a boost as the
2023-05-23 16:58