Sweden’s SBB Weighs IPO of $3.4 Billion Residential Unit
SBB, the embattled developer at the center of Sweden’s property crisis, is considering carving out its entire residential
2023-08-04 17:55
UK Rate Hikes Hurting Business and May Be Near Peak, IOD Says
The Bank of England’s longest series of interest rate increases in three decades is starting to hurt businesses,
2023-08-04 17:20
Apple Set to Relinquish Historic $3 Trillion Value as Sales Fall
Apple Inc.’s market value is set to dip below the historic $3 trillion level after the iPhone maker’s
2023-08-04 17:19
European Stocks Set for Worst Weekly Loss In a Month; WPP Falls
European stocks steadied after this week’s losses on signs of economic recovery in Germany while investors await the
2023-08-04 16:59
GSK’s Nigerian Unit to Close Down, Return Cash
GlaxoSmithKline Consumer Nigeria Plc, the second-biggest drug firm in the West African nation, will cease operations after its
2023-08-04 16:47
Credit Agricole’s Regional Owners to Tighten Grip on Bank
Credit Agricole SA’s regional-bank holders are planning to purchase as much as €1 billion ($1.1 billion) of the
2023-08-04 15:59
AT1s Deliver Big Returns to Traders Braving Credit Suisse Rout
In the days after Credit Suisse Group AG’s AT1s were wiped out, speculation was rife that the market
2023-08-04 15:53
Credit Agricole Nears Deal for Degroof Petercam
Credit Agricole SA will acquire a majority stake in Belgian asset and wealth manager Degroof Petercam, as the
2023-08-04 15:26
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:17
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 14:46
Maersk Cuts Forecast for Global Trade as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
2023-08-04 14:46
Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone
2023-08-04 14:20