German Business Outlook Drops Amid Weak Factory Performance
Germany’s business outlook deteriorated for the first time since October as a struggling manufacturing sector threatens to undermine
2023-05-24 17:45
LVMH, Kering Slide as China Worries Spur $56 Billion Luxury Rout
European luxury stocks including LVMH and Gucci owner Kering SA fell as a wave of Covid infections in
2023-05-24 17:25
The Face of Sweden’s Property Bust Fights for $13 Billion Empire
A Yugoslav war refugee turned Swedish property tycoon is fast running out of options to stabilize his $13
2023-05-24 17:21
Axa Venture Partners to Raise €1.5 Billion Fund for Tech
Axa Venture Partners announced a new €1.5 billion ($1.6 billion) late-stage fund to invest in European and North
2023-05-24 15:53
Copper Gripped by China Fears as Prices Plunge Below $8,000
Copper is spiraling lower as investors increasingly write off the prospects for a decisive economic recovery in China
2023-05-24 14:16
Wanda Is Said to Mull Sale of 20 Malls in Wealthy Parts of China
Dalian Wanda Group Co. is weighing the sale of as many as 20 shopping malls in wealthy areas
2023-05-24 13:58
India Plans Sweeping Overhaul of Digital Law as Market Swells
India plans to overhaul rules governing use of the internet, potentially altering business practices for Silicon Valley giants
2023-05-24 13:56
Korea Tackles Property Risk With Loan Conversions for Brokerages
South Korea wants brokerages to swap short-term risky property debt for longer term borrowings, in bid to counter
2023-05-24 13:00
Modi Uses Cricket Analogy For Rapidly Improving Australia Ties
Australia’s relationship with India has entered “T-20” mode, Indian Prime Minister Narendra Modi said after meeting his counterpart
2023-05-24 12:51
US Faces $48 Trillion Moment of Truth This Decade, McKinsey Says
The US faces a $48 trillion moment of truth this decade that could see it lapsing into a
2023-05-24 12:16
New York City Asks Judge to Suspend Right-to-Shelter Amid Influx
New York City Mayor Eric Adams has asked a judge to temporarily suspend a 42-year-old court ruling requiring
2023-05-24 11:49
Agarwal’s Vedanta Raises About $850 Million Via JPMorgan, Oaktree Loan
Billionaire Anil Agarwal’s debt-strapped Vedanta Group took out a fresh loan for about $850 million, its latest effort
2023-05-24 10:58