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ECB zeroes in on struggling borrowers and forex as times get tougher
ECB zeroes in on struggling borrowers and forex as times get tougher
FRANKFURT The European Central Bank on Wednesday told banks to step up how they manage struggling borrowers and
2023-05-17 18:52
Vauxhall Maker Warns of Factory Closures if Brexit Deal Doesn’t Change
Vauxhall Maker Warns of Factory Closures if Brexit Deal Doesn’t Change
The UK government is lobbying the European Union to prevent Brexit-related local manufacturing requirements from kicking in next
2023-05-17 18:51
Erdogan Vote Momentum Pushes Traders to Delay Bets on Lira Slide
Erdogan Vote Momentum Pushes Traders to Delay Bets on Lira Slide
Investors have come to terms with the prospect that President Recep Tayyip Erdogan’s unconventional stewardship of the economy
2023-05-17 18:46
South Korean, Canadian leaders vow cooperation on clean energy, North Korea threat
South Korean, Canadian leaders vow cooperation on clean energy, North Korea threat
The leaders of South Korea and Canada have vowed to strengthen their security and economic cooperation to address challenges posed by North Korea and expand Canadian supplies of minerals crucial to South Korea’s technology industry as they held a summit in Seoul
2023-05-17 18:29
Futures edge higher as debt ceiling talks grind on, Target results eyed
Futures edge higher as debt ceiling talks grind on, Target results eyed
U.S. stock index futures edged higher on Wednesday as top lawmakers inched closer to a deal to avert
2023-05-17 18:29
Nomura, Barclays cut China 2023 GDP forecasts as recovery sputters
Nomura, Barclays cut China 2023 GDP forecasts as recovery sputters
BEIJING Nomura has cut its forecast for China's 2023 gross domestic product (GDP) growth to 5.5% from 5.9%
2023-05-17 18:25
As household budgets tighten, big brands double down in dollar stores
As household budgets tighten, big brands double down in dollar stores
By Jessica DiNapoli NEW YORK Makers of brand-name household basics like Dunkin' coffee and Schick razors are bulking
2023-05-17 18:22
Marketmind: Fed rates to stay higher for longer, debt drama goes on
Marketmind: Fed rates to stay higher for longer, debt drama goes on
A look at the day ahead in U.S. and global markets from Samuel Indyk. The Federal Reserve is
2023-05-17 18:17
Man Utd takeover: Sheikh Jassim launches even bigger last-ditch bid to buy football club
Man Utd takeover: Sheikh Jassim launches even bigger last-ditch bid to buy football club
The Qatari billionaire Sheikh Jassim bin Hamad bin Khalifa Al Thani has raised his bid for Manchester United by making a fourth and last-ditch offer for the club, which is understood to be closer to £5 billion. The businessman has made a late intervention after the lifelong United fan, and petrochemicals billionaire, Sir Jim Ratcliffe had submitted his third bid which valued United at a higher figure. As with all of Sheikh Jassim’s previous proposals, he is trying to buy 100 percent of the club, where the Glazer family are current majority shareholders. The Qatari has also pledged to clear United’s debt of £536 million and has promised a separate fund directed at the club and the community. Ratcliffe’s most recent bid allowed Joel and Avram Glazer, two of the six siblings whose father, Malcolm, bought the club in 2005, to retain a stake while aiming to complete a takeover in the next few years. The American merchant bank the Raine Group are overseeing the process for the Glazers. There have been three previous rounds of bids, without seeming to meet the Glazers’ valuation, though Ratcliffe had emerged as the favourite to complete a deal. Read More Eddie Howe: Football must learn from my confrontation with fan Dimitar Berbatov warns Harry Kane not to ‘tarnish’ Tottenham legacy by leaving You’re asking the wrong person – Emma Hayes not interested in title permutations
2023-05-17 18:15
EU seeks to simplify customs system, tighten up on e-commerce
EU seeks to simplify customs system, tighten up on e-commerce
By Philip Blenkinsop BRUSSELS The European Commission proposed on Wednesday a reform of customs rules for the surge
2023-05-17 18:15
UK Cracks Down on Landlords in Private Rental Sector Reform
UK Cracks Down on Landlords in Private Rental Sector Reform
The UK government is preparing to lay out a series of extra protections for tenants in the biggest
2023-05-17 17:58
Court orders Theranos founder Elizabeth Holmes to go to prison
Court orders Theranos founder Elizabeth Holmes to go to prison
Holmes was also ordered to pay $452m in restitution to the victims of the scandal.
2023-05-17 17:57
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