Orcel Sees Higher Deposit Costs, Eyes Second UniCredit Term
UniCredit SpA Chief Executive Officer Andrea Orcel said the boost from higher official interest rates will soon turn
2023-06-05 22:28
Canada’s Economy Is Proving Surprisingly Immune to Higher Interest Rates
Canada’s economy hasn’t buckled under the weight of higher borrowing costs. On the contrary: strong growth has more
2023-06-05 22:18
3M Granted Delay in ‘Forever Chemicals’ Trial to Negotiate Settlement
The judge overseeing 4,000 lawsuits involving 3M Co. “forever chemicals” agreed to delay the first trial for three
2023-06-05 21:50
European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European gas futures jumped 20%, the biggest jump since March amid signs of a tighter liquefied natural gas
2023-06-05 21:15
Russia’s Oil and Gas Revenue Shrank by Over a Third in May
Russia’s oil and natural gas revenue fell by more than a third in May, hit by lower crude
2023-06-05 20:47
BOE Wants Deposit Protection Fund to Recapitalize Failing Banks
The Bank of England is drawing up plans to recapitalize failing banks through the industry’s deposit protection program
2023-06-05 20:28
Saudi Arabia, US Make Tentative Steps Toward Healing Deep Rift
US Secretary of State Antony Blinken’s visit to Saudi Arabia this week is the latest sign of improving
2023-06-05 20:00
Ukraine’s European Neighbors Set to Extend Grain Import Ban
Ukraine’s European neighbors are set to extend a ban on importing the country’s grain until mid-September, a move
2023-06-05 18:17
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
2023-06-05 17:56
Daiwa Says Staff Freely Using ChatGPT, Plans Tech Hiring Boost
Daiwa Securities Group Inc. employees are widely using an artificial intelligence-powered chatbot in Japan, as the nation’s second-largest
2023-06-05 17:24
China Bonds at Center of Crisis Fears Are Posting Surprise Gains
For all the concern about a debt crisis facing China’s local governments, the bonds most exposed to a
2023-06-05 17:24
Germany Lines Up €50 Billion to Help Heavy Industry Go Green
Germany plans to help energy-intensive manufacturers transition to climate-neutral technologies with roughly €50 billion ($53.4 billion) in subsidies.
2023-06-05 17:24
You Might Like...
Yellen’s China Trip Offers Economic Guardrails in Tense Rivalry
Euro’s Use in International Payments Drops to Three-Year Low
India Extends Coal Import Mandate for Power to Avoid Blackouts
Helical Faces 25% Vacancy Rate After WeWork’s Bankruptcy Filing
PwC Scrutiny Builds in Australia After Police Probe Sought
Biden, Saudi Crown Prince Discuss Efforts to Contain Israeli-Hamas Conflict
How LNG Strikes in Australia Will Impact Natural Gas Supply
Nasdaq Helps Japan Startups Escape Risk-Averse Home Market