ECB Warns Rate Hikes Are Putting Market Stability at Risk
The European Central Bank said that financial markets will be vulnerable to negative shocks as it continues the
2023-05-31 18:21
From Elon Musk to Jamie Dimon, CEOs flock to China as risks to trade and investment rise
The CEOs of some of America's biggest companies are in China this week to take the pulse of one of their top markets after the country reopened following nearly three years of pandemic restrictions.
2023-05-31 17:58
Carrots and sticks: Venezuela's new oil chief targets graft, courts workers
By Tibisay Romero, Deisy Buitrago and Marianna Parraga VALENCIA/CARACAS The new CEO of Venezuelan state-run PDVSA is targeting
2023-05-31 17:20
Target Pride backlash exposes 'rainbow capitalism' problem, designer says
By Helen Reid LONDON U.S. retailer Target's decision to remove some LGBTQ-themed merchandise after customer backlash in its
2023-05-31 16:28
SBB Woes Deepen After Holding Company Skips Hybrid Bond Payment
The crisis engulfing Swedish landlord SBB worsened after the chief executive officer’s investment company skipped interest payments on
2023-05-31 16:24
Turkish Economic Growth Accelerates, With Risk of Slowdown Ahead
Turkey’s economy expanded faster than expected at the start of the year, bolstered by pre-election spending and strong
2023-05-31 15:55
MFT Energy’s Profit Soars More Than 800% on Volatile Markets
Danish trader MFT Energy P/s boosted its profit for last year more than eightfold as price volatility soared
2023-05-31 15:47
Debt deal avoids the really tough decisions
The US government took one step back from self-inflicted economic disaster on Tuesday.
2023-05-31 12:28
World’s Top Coal Miner Hikes Prices as Wage Bill Surges
Coal India Ltd., the world’s biggest miner of the fuel, raised prices for the first time in five
2023-05-31 12:21
Wanda Weighs Selling Payments Permit for About $141 Million
Dalian Wanda Group Co. is in talks with prospective buyers including ByteDance Ltd. for its Chinese payments unit,
2023-05-31 11:47
Italy’s Crisis Guardian Counts Down to Exit as Meloni Mulls Successor
Prime Minister Giorgia Meloni has just five months left to find a new Bank of Italy chief in
2023-05-31 11:26
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:19