Global hack blamed on Russian cybercriminals affects insurance giant and California pension fund
The fallout from a global hacking incident tied to Russian cybercriminals widened on Thursday as US insurance provider Genworth Financial revealed that 2.5 million of its policyholders and customers had their data accessed in the hack, while California's public pension fund said 769,000 of its members were affected.
2023-06-23 21:51
Zambia Debt Deal Spurs Rally in Distressed Emerging Markets
Bonds of developing nations in debt distress gained on Friday in a broad relief rally sparked by Zambia’s
2023-06-23 20:59
Fed’s Bostic Says Tackling High Inflation Is Top Priority
Federal Reserve Bank of Atlanta President Raphael Bostic said defeating elevated inflation was the US central bank’s top
2023-06-23 20:54
Pinstripes Restaurant Chain Reaches Deal to Go Public Via SPAC
Pinstripes Inc., the restaurant chain that combines bowling and bocce with Italian fare, is going public in a
2023-06-23 19:25
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
2023-06-23 19:24
Andrew Sentance Says Markets ‘Jumping The Gun’ With 6% Rate Bets
A former Bank of England policy maker who has criticized officials for failing to rein in inflation more
2023-06-23 18:29
Marketmind: Business brakes in June swoon, dollar jumps
A look at the day ahead in U.S. and global markets from Mike Dolan Just as world stock prices raced
2023-06-23 18:29
Global equity funds see over $15 billion in outflows on rate hike worries
Global equity funds suffered substantial outflows during the seven days to June 21 amid concerns over borrowing costs
2023-06-23 18:27
UK Firms Say Wages Add to Inflation Pressures Despite Slowdown
British businesses said staff shortages that are forcing them to drive up wages are adding to the cost
2023-06-23 16:51
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:23
Germany Loses Momentum as Services Slowdown Weighs on Economy
Germany’s economic activity lost much more momentum than anticipated in June, driven by a slowdown in services and
2023-06-23 15:54
Take Five: The only way is up
It's been a turbulent week or two for markets, with one central bank after another making it very
2023-06-23 15:48