Ontario Fund Near Deal to Invest in Toronto’s NBA, NHL Teams
Ontario Municipal Employees Retirement System is nearing a deal to buy 20% of a holding company that owns
2023-06-23 19:51
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
2023-06-23 19:24
Big VC, Tech Got Backstop for Billions in Uninsured SVB Deposits
When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small
2023-06-23 18:56
Saudi and Singapore Wealth Funds Join $930 Million Pre-IPO Bet on Anime Giant
Kakao Entertainment Corp. has won $930 million from the sovereign wealth funds of Saudi Arabia and Singapore, securing
2023-06-23 17:27
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:23
Turkey Demands Sweden Expel Kurd Suspects Before NATO Entry
Turkey wants Sweden to begin extraditing or expelling suspected Kurdish separatists before next month’s summit of the North
2023-06-23 15:58
GSK Settles First Zantac Cancer Lawsuit Set for Trial in US
GSK Plc reached a settlement with a man who claimed the drugmaker’s blockbuster heartburn medication Zantac caused his
2023-06-23 14:58
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:55
Qatar’s Wealth Fund to Buy Stake in NBA’s Washington Wizards
In a first for US sports, Qatar’s sovereign wealth fund has struck a deal to buy a stake
2023-06-23 14:18
UK Retail Sales Rise Unexpectedly to Underline Resilient Economy
UK retail sales rose unexpectedly in May, indicating strength in the economy that the Bank of England fears
2023-06-23 14:16
El Nino’s Fierce Heat Carries New Risk of Resurgent Deadly Viruses
The return of El Niño after nearly four years is raising the specter of extreme weather, economic pain,
2023-06-23 12:56
Stubborn UK Inflation Triggers a Mortgage Crisis for Millions
Britain’s mortgage market has become a horror show for borrowers and the government as soaring interest rates threaten
2023-06-23 12:21