Britain's second-largest city effectively declares itself bankrupt amid $950 million equal pay claims
Britain's second-biggest city effectively declared itself bankrupt on Tuesday, shutting down all nonessential spending after being issued with equal pay claims totaling up to £760 million ($956 million).
2023-09-06 01:55
Fed’s Waller Says Central Bank Can ‘Proceed Carefully’ With Rate Hikes
Federal Reserve Governor Christopher Waller said policymakers can afford to “proceed carefully” with interest-rate increases given recent data
2023-09-05 22:53
Global business activity showed signs of slowdown in August -PMIs
By Jonathan Cable LONDON Global business activity largely slowed further last month as services firms struggled in the
2023-09-05 20:18
Fintech Nubank to launch personal loans for Mexican market
By Valentine Hilaire MEXICO CITY Nubank, one of Latin America's biggest fintech companies, announced on Tuesday the launch
2023-09-05 19:20
UBS to absorb Credit Suisse's Securities Research offering
(Reuters) -UBS will absorb Credit Suisse's Securities Research service later this month, wrapping the business into its own research operations,
2023-09-05 18:57
S&P Global raises reinsurance sector view to stable from negative on higher prices
By Carolyn Cohn LONDON (Reuters) -S&P Global has raised its view of the global reinsurance sector to stable from negative,
2023-09-05 18:55
Analysis-US banks hold $3.3 trillion cash amid banking crisis, slowdown worries
By Saeed Azhar and Ann Saphir NEW YORK/SAN FRANCISCO U.S. lenders are holding onto large piles of cash
2023-09-05 18:46
Marketmind: Global business splutters, dollar surges
A look at the day ahead in U.S. and global markets from Mike Dolan August global business soundings continue to
2023-09-05 18:23
CVC Is Nearing Deal for €16 Billion Infrastructure Manager DIF
CVC Capital Partners is set to expand in infrastructure, one of the most active areas of dealmaking, as
2023-09-05 17:56
Top Court Says HK Needs to Legitimize Same-Sex Partnerships
Hong Kong’s top court said the government needs to establish laws recognizing same-sex partnerships, representing one of the
2023-09-05 16:24
China Slowdown Means It May Never Overtake US Economy, Forecast Shows
China is no longer set to eclipse the US as the world’s biggest economy soon, and it may
2023-09-05 15:56
Asian shares slide as China optimism fades; RBA keeps rates steady
By Ankur Banerjee SINGAPORE Asian stocks fell on Tuesday as weak service sector data rekindled worries over China's
2023-09-05 14:24