BOE Wants Deposit Protection Fund to Recapitalize Failing Banks
The Bank of England is drawing up plans to recapitalize failing banks through the industry’s deposit protection program
2023-06-05 20:28
Stellantis in talks for parts and material recycling JV with Galloo
MILAN Carmaker Stellantis and Belgian metals recycler Galloo have entered exclusive talks to create a joint venture focused
2023-06-05 20:28
Saudi Arabia, US Make Tentative Steps Toward Healing Deep Rift
US Secretary of State Antony Blinken’s visit to Saudi Arabia this week is the latest sign of improving
2023-06-05 20:00
First on CNN: US senators question Twitter's privacy compliance under Elon Musk
Four US senators are scrutinizing Twitter's privacy practices and questioning whether the platform under CEO Elon Musk flouted consumer protection law following widespread layoffs and resignations, highlighting vast legal risks for Twitter and Musk.
2023-06-05 19:20
KKR to buy machinery maker Circor in $1.6 billion deal
Private equity firm KKR & Co Inc said on Monday it will buy industrial machinery maker Circor International
2023-06-05 19:17
Analysis-US hotel developers run out of cash as construction lending dries up
By Bianca Flowers and Priyamvada C Tighter lending standards from regional banks are making it harder for U.S.
2023-06-05 18:56
Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:50
Ukraine’s European Neighbors Set to Extend Grain Import Ban
Ukraine’s European neighbors are set to extend a ban on importing the country’s grain until mid-September, a move
2023-06-05 18:17
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
2023-06-05 17:56
Daiwa Says Staff Freely Using ChatGPT, Plans Tech Hiring Boost
Daiwa Securities Group Inc. employees are widely using an artificial intelligence-powered chatbot in Japan, as the nation’s second-largest
2023-06-05 17:24
China Bonds at Center of Crisis Fears Are Posting Surprise Gains
For all the concern about a debt crisis facing China’s local governments, the bonds most exposed to a
2023-06-05 17:24
Germany Lines Up €50 Billion to Help Heavy Industry Go Green
Germany plans to help energy-intensive manufacturers transition to climate-neutral technologies with roughly €50 billion ($53.4 billion) in subsidies.
2023-06-05 17:24