Wall Street Warns of Fading Swiss Support for Soaring Franc
The Swiss experiment to fight imported inflation with the help of a propped-up franc has been, by many
2023-08-17 00:17
Yen Slumps to 2023 Low as Japan Intervention Debate Intensifies
The yen slumped on Wednesday to levels that saw Japan intervene in the currency market last year amid
2023-08-16 23:45
Warburg, Kelso Make Bid for Femsa’s $5 Billion Envoy Unit
Mexican Coca-Cola bottler Femsa is in talks to sell a US packaging and food services business to private
2023-08-16 23:17
BAE in Talks to Buy Ball’s $4 Billion Aerospace Unit
BAE Systems Plc is in talks about a possible acquisition of Ball Corp.’s aerospace division, people with knowledge
2023-08-16 22:47
Rand Seen Getting a Boost From Better South African Power Supply
South Africa’s rolling blackouts have been blamed by strategists as the single biggest factor weighing on the rand.
2023-08-16 21:51
TJ Maxx parent lifts annual forecast on demand for discounted apparel, home decor
(Reuters) -TJX Cos on Wednesday raised its forecast for annual profit and comparable sales for fiscal 2024, buoyed by steady
2023-08-16 20:53
Saudi Pile of US Treasuries at Six-Year Low in Shift to Risk
Saudi Arabia’s stockpile of US Treasuries fell to the lowest level in more than six years, as the
2023-08-16 19:25
Dollar Shortage Forces Pakistan Factories to Halt Production
Pakistan’s iron-clad grip on its dollar holdings may be keeping its currency stable, but it’s also hurting local
2023-08-16 19:24
Europe Heat Builds as Some French Citizens Told to Stay Home
The heat wave that’s baking continental Europe is spreading further as citizens in southeast France were told to
2023-08-16 18:21
Russia could reintroduce compulsory sale of FX revenues 'at any moment' -source
MOSCOW Russian authorities are discussing bringing back the compulsory sale of foreign currency revenues for exporters, five sources
2023-08-16 17:59
FedEx Grapples With Contractor Safety Amid Push to Merge Fleets
FedEx Corp. is pressuring delivery contractors to improve safety after mounting accidents helped trigger a near-tripling of insurance
2023-08-16 17:54
Argentine Peso to Slide 70% by Next Year, BofA Says
The worst is yet to come for the Argentina peso, already the world’s weakest currency this year, according
2023-08-16 17:53