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
Maduro Seeks Chinese Money to Revive Venezuela’s Oil Sector
Venezuela dispatched some of its top officials to China to seek energy investments to boost the economy ahead
2023-09-06 01:45
Orsted Ready to Abandon US Wind Projects as It Asks for Help
Orsted A/S said it’s prepared to walk away from projects in America unless the White House guarantees more
2023-09-06 00:25
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
World losing race to meet climate goals, COP28 president says
By Duncan Miriri NAIROBI The world is losing the race to meet its climate change goals, the president
2023-09-05 21:56
Goldman Analysts Have Bad News for Fund Managers Ignoring ESG
Asset managers trying to sell funds in Europe are finding it “increasingly difficult” to do so unless their
2023-09-05 17:56
Crypto Market-Making Profit Margins Sink 30% in ‘Wake-Up Call’ Post-FTX
Market making in digital tokens used to be a font of outsized profitability. The picture today is very
2023-09-05 16:17
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
Chevron Says Seeking Solution as 24-Hour LNG Strikes Planned
Chevron Corp. liquefied natural gas workers in Australia threatened two weeks of 24-hour rolling outages at two major
2023-09-05 14:48
Oil Holds Advance as Traders Wait for Next OPEC+ Moves on Supply
Oil traded near the highest level this year after a surge driven by supply cuts from OPEC+ that
2023-09-05 13:54
Goldman Cuts US Recession Chances to 15% on Improved Inflation
Goldman Sachs Group Inc. now sees a 15% chance the US will slide into recession, down from 20%
2023-09-05 11:28
Disney asks Spectrum customers to switch to Hulu+ amid Charter dispute
Walt Disney on Monday said it is hopeful that Charter Communications will be ready to have more conversations
2023-09-05 11:17