US Budget Deficit Doubles to $2 Trillion in Dire Warning for Washington
In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting
2023-10-24 17:58
Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting
2023-10-24 17:51
Cnooc Profit Drops on Lower Oil Price Despite Rising Output
Cnooc Ltd.’s profit dropped in the third quarter due to lower oil prices as China’s sputtering economic recovery
2023-10-24 17:51
Barclays Flags Cost Cuts as Traders Miss, UK Guidance Drops
Barclays Plc is planning to cut costs after the banking giant’s trading division missed estimates in the third
2023-10-24 16:29
Swedish Landlord Heimstaden Sees Stabilizing Property Values
Heimstaden Bostad AB, one of Europe’s biggest residential landlords, says property valuations are now showing signs of stabilization
2023-10-24 16:26
Goldman, Citigroup Drop Off Investcorp Capital’s Abu Dhabi IPO
Goldman Sachs Group Inc. and Citigroup Inc. have dropped off the planned Abu Dhabi initial public offering of
2023-10-24 15:54
UK Is Losing Jobs at the Sharpest Pace Since the Pandemic
The UK economy lost jobs again in the quarter though August, marking the longest drop in employment since
2023-10-24 15:15
Nidec Plunges Most Since 2011 After EV Malaise Hits Profit
Nidec Corp. slumped the most in more than 12 years after reporting quarterly earnings that missed estimates, underscoring
2023-10-24 14:49
Nigeria to Tighten Rules to Curb Raw Mineral Exports
Nigeria plans to tighten rules to reduce the export of raw minerals and encourage the shipment of processed
2023-10-24 14:49
Germany to Pass Japan as 3rd-Largest Economy, Helped by Weak Yen
Germany’s economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide
2023-10-24 14:27
UK Power Grid Bottlenecks Threaten Investments, Centrica Warns
An excess of planned renewable energy projects seeking to link to the UK’s electric grid threatens to discourage
2023-10-24 13:57
Worst Still to Come for Energy Debts, British Gas Boss Fears
More tough times may lie ahead for British households, looking at another winter of high energy bills piled
2023-10-24 13:53