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Italy slaps 40% one-off windfall tax on its banks
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 21:20
Futures edge higher; Tesla gains, regional banks steady
Futures edge higher; Tesla gains, regional banks steady
U.S. stock index futures rose on Friday at the end of a week packed with data that pointed
2023-05-12 17:56
Panama's Assembly looks to revoke contract for Canadian mining company after public outcry
Panama's Assembly looks to revoke contract for Canadian mining company after public outcry
Panama's government has nearly approved a new bill revoking a controversial mining contract
2023-11-02 10:57
Medtech ETF outflows top $500 million since August on Wegovy worries
Medtech ETF outflows top $500 million since August on Wegovy worries
By Bansari Mayur Kamdar and Amruta Khandekar Investors are exiting exchange traded funds (ETFs) that track medical technology
2023-11-14 02:26
Country Garden Shows Even China’s Once-Mighty Builders at Brink
Country Garden Shows Even China’s Once-Mighty Builders at Brink
China’s former biggest builder Country Garden Holdings Co. has joined the ranks of once-strong developers that are deferring
2023-08-09 12:56
Sunak Says He Abhors Antisemitism From Anyone, Including Musk
Sunak Says He Abhors Antisemitism From Anyone, Including Musk
Rishi Sunak said he condemns antisemitism “in all its forms,” in a careful criticism of Elon Musk that
2023-11-27 06:50
Wall St sees bargains, lure of Europe buoying cruise, hotel earnings
Wall St sees bargains, lure of Europe buoying cruise, hotel earnings
By Doyinsola Oladipo NEW YORK The post-pandemic rebound of international travel, particularly to Europe, is expected to be
2023-07-24 18:22
China’s Polluters Take Steps to Meet EU’s Carbon Tax Challenge
China’s Polluters Take Steps to Meet EU’s Carbon Tax Challenge
China’s environment ministry is asking large industrial polluters to tighten up their emissions reporting, as it adopts the
2023-10-19 11:52
Stock market today: Rate hopes push Asian shares higher while oil prices edge lower
Stock market today: Rate hopes push Asian shares higher while oil prices edge lower
Asian shares are higher after Wall Street advanced on potentially encouraging news about interest rates, which have been dragging markets lower since the summer
2023-10-10 15:16
US FAA investigates near collision between Southwest plane, Cessna
US FAA investigates near collision between Southwest plane, Cessna
By David Shepardson The Federal Aviation Administration (FAA) said on Saturday it is investigating a near collision between
2023-08-12 22:15
Higher costs dent Nike profits
Higher costs dent Nike profits
Nike reported a drop in quarterly profits Thursday despite higher sales due to the drag from increased costs and the...
2023-06-30 06:51
Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24
Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24
Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought
2023-09-21 14:57