Meloni’s New Italian Populism Puts Investors, China on Notice
Giorgia Meloni’s economic policy has just taken a sharply populist turn, launching an assault on bank profits and
2023-08-09 00:27
Italy slaps 40% one-off windfall tax on its banks
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward depositors.
2023-08-08 21:26
Huobi Gets $209 Million Injection From Justin Sun, Blockchain Firms Say
Crypto entrepreneur Justin Sun transferred more than $200 million of digital tokens to his exchange Huobi Global, according
2023-08-08 21:24
Niger Junta Consolidates Power as Military Threat Fades
Niger’s junta moved to consolidate power as regional leaders prepared for a second emergency summit since the country’s
2023-08-08 21:21
Fox posts fourth-quarter revenue in-line with estimates
Broadcaster Fox Corp posted fourth-quarter revenue in-line with Wall Street estimates, as the broadcaster benefited from an industry-wide
2023-08-08 20:25
Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long
2023-08-08 19:56
TSMC Partners With Infineon, NXP, Bosch to Build German Chip Fab
Taiwan Semiconductor Manufacturing Co. has agreed to build a €10 billion ($11 billion) plant in eastern Germany in
2023-08-08 18:48
US small businesses feel better about the economy, but still can't find enough skilled workers
US small businesses are noticing slightly better business conditions and are feeling less pessimistic about the economy's future, but they're still gloomy when it comes to hiring, according to a survey released Tuesday by the National Federation of Independent Business.
2023-08-08 18:28
Defying war risk, European traders store gas in Ukraine
By Jan Lopatka and Marek Strzelecki PRAGUE/WARSAW European gas traders have begun storing natural gas in Ukraine to
2023-08-08 17:28
Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
2023-08-08 15:57
China's economy suffers new blow as exports drop 14% in July
China's exports suffered their biggest drop in more than three years in July as global demand slowed, adding further pressure on Beijing to find ways to reinvigorate the world's second largest economy.
2023-08-08 15:53
Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:52