Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment Bank
Credit Suisse Group AG may be due for a “massive downsizing” of its investment banking businesses after its
2023-06-17 18:59
Russia’s Oil Giant Urges OPEC+ to Track Exports, Not Just Output
OPEC and its allies need to monitor not only production of the organization’s member countries but also their
2023-06-17 18:58
Charting the Global Economy: Fed Holds While ECB Boosts Rates
The Federal Reserve held the line on interest rates while the European Central Bank pushed on, and both
2023-06-17 18:51
Mark Carney Blames Brexit for UK Inflation, Telegraph Says
Brexit is partly to blame for stubbornly high inflation levels seen in the UK, former Bank of England
2023-06-17 17:28
Goldman Says Markets Too Optimistic on Pace of US Inflation Drop
Inflation in the US won’t come down as quickly as markets are currently pricing, according to strategists at
2023-06-17 16:17
Berlin Risks Water Shortages in Fallout From Germany’s Coal Exit
On extremely hot and dry summer days, water in Berlin’s Spree River gets sucked upstream by an array
2023-06-17 15:20
Cooking Pizza in Italy Is Costlier as Olive Oil Price Jumps
The cost of making a classic Pizza Margherita rose more than twice as fast as overall inflation in
2023-06-17 14:21
The World’s Most Feared Investor Heads for Showdown With the LME
A decade ago, Paul Singer did battle with the government of Argentina — and won. Next week, the
2023-06-17 13:53
Britain Faces Recession and Flood of Job Losses if Rates Hit 6%
Economists are warning that the UK economy faces a sharp recession and a flood of job losses if
2023-06-17 13:52
Gloom Descends on Sunak as Johnson Saga and Rate Hikes Persist
Rishi Sunak is one of life’s optimists. But the Boris Johnson psychodrama and rising interest rates brought a
2023-06-17 13:27
Australia to Spend $1.4 Billion to Address Housing Affordability
Australia will invest A$2 billion ($1.4 billion) to build thousands of government-subsidized homes across the country, Prime Minister
2023-06-17 11:15
World Bank green lights $500 million loan to boost Costa Rica's budget
SAN JOSE The World Bank approved a new $500 million loan to Costa Rica aimed at strengthening support
2023-06-17 10:57