Global Rate-Hike Endgame Is Now Haunted by Recession Worries

Investor fears of mounting economic damage are threatening to overshadow the next round of interest-rate hiking all but

2023-06-16 10:48

Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic

Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its biggest round of job cuts since the pandemic

2023-06-21 08:56

Major League Soccer Considers Accepting Sovereign Wealth Money

Major League Soccer could be the next US sports league to allow sovereign wealth funds to invest in

2023-07-14 05:23

Salesforce Cuts More Jobs After 10% Reduction Earlier This Year

Salesforce Inc. has eliminated more workers beyond a previously announced 10% reduction in a renewed focus on profitability.

2023-08-02 23:23

Goldman Sachs faces big writedown on GreenSky deal - CNBC

Goldman Sachs is likely to take a large writedown for its $2.2 billion acquisition of fintech lender GreenSky

2023-06-23 21:57

Israel-Hamas Conflict Adds Dangers for Ukraine’s War Effort

Russia is set to benefit from the Israel-Hamas conflict, as Israel’s requests for US military aid risk diverting

2023-10-11 14:48

Emerging European Embedded Finance Leader Swan Opens Office in Amsterdam and Launches Localized Dutch Accounts

AMSTERDAM--(BUSINESS WIRE)--Nov 9, 2023--

2023-11-09 15:57

Asian shares rise as investors eye end to Fed hikes, China stimulus

By Julie Zhu HONG KONG (Reuters) -Asian shares rose and the safe-haven dollar edged lower on Tuesday as investors hoped

2023-07-11 13:52

State Street adds option to fully back corporate boards

By Ross Kerber BOSTON State Street's asset-management arm will give retail investors an option to fully back corporate

2023-11-29 19:16

Car buyers bear a heavy burden as Federal Reserve keeps raising rates: Auto-loan rejections are up

The Federal Reserve’s expected move Wednesday to raise interest rates for the 11th time could once again send ripple effects across the economy

2023-07-26 20:56

OpenAI Delays Launch of Online Store for Custom Chatbots

OpenAI is delaying the launch of an online store for people to interact with an array of chatbots

2023-12-02 06:53

Volkswagen's Audi to replace CEO Duesmann with Gernot Doellner

FRANKFURT Volkswagen's Audi division will replace current CEO Markus Duesmann on Sept. 1, with Volkswagen strategy chief Gernot

2023-06-29 22:21