Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:22
McCarthy set to send the House home without a debt limit deal
House Speaker Kevin McCarthy appears set to send members home after votes on Thursday, signaling that debt negotiations with the White House will continue as the risk of a first-ever default grows.
2023-05-25 17:20
Bank of America redeploys 40 Asia bankers as China dealmaking stalls
HONG KONG Bank of America Corp has told around 40 bankers in Asia to look for new roles
2023-05-25 17:18
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:15
Deaths Soar on Everest After Record Number of Climbers Attempt Summit
The latest climbing season on Mount Everest, the world’s highest peak, is set to become one of the
2023-05-25 16:51
European Gas Slumps Again as Industries Struggle to Boost Demand
European natural gas prices fell further from the lowest close in almost two years as a weak regional
2023-05-25 16:49
Euro slips as Germany enters recession, dollar hits 2-month peak
By Kevin Buckland and Samuel Indyk LONDON The euro dropped on Thursday as Europe's largest economy Germany was
2023-05-25 16:45
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
2023-05-25 16:28
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
2023-05-25 16:27
Crypto Mogul Do Kwon’s Bail Is Revoked in Montenegro
A Montenegrin court revoked a bail application from former crypto mogul and Terraform Labs co-founder Do Kwon, keeping
2023-05-25 16:15
Crypto lender Celsius picks Fahrenheit's bid for bankruptcy exit
Bankrupt crypto lender Celsius Network LLC said on Thursday it has chosen Fahrenheit's proposal as the winning bid
2023-05-25 15:57
Bank Indonesia Holds Rate Steady Even as Risks to Rupiah Mount
Indonesia’s central bank held its benchmark interest rate for a fourth straight meeting, even as a deadlock in
2023-05-25 15:48