Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
European lenders are set to focus more on cost savings in 2024, as benefits from rising interest rates
2023-11-17 18:55
Boeing Is at Risk for Still More Delays — and Losses — for Costly Air Force One Planes
The US Air Force is reevaluating the schedule for delivery of the two new planes for the presidential
2023-11-17 18:53
Hong Kong’s Regulator Buys 12 Floors From Swire Properties
Hong Kong’s market regulator bought 12 floors in its current office building from Swire Properties Ltd. for HK$5.4
2023-11-17 18:25
Poland May Want US Firms to Buy Equity Stake in Nuclear Project, Tusk’s Aide Says
Poland’s incoming administration wants foreign companies in the country’s nascent nuclear energy program to buy an equity stake
2023-11-17 18:17
Traders Bet on ECB Rate Cuts Next Year
Europe’s sputtering economy is causing traders to bet on a faster pace of interest rate cuts next year.
2023-11-17 18:17
Jack Ma Loses $683 Million on Alibaba Days Before Big Stake Sale
Jack Ma is preparing one of his biggest Alibaba Group Holding Ltd. stake reductions in recent years, and
2023-11-17 17:56
Goldman Sachs’s Long-Standing Japan Chief Mochida Steps Down
Goldman Sachs Group Inc.’s Japan president is stepping down after 38 years at the US investment bank, a
2023-11-17 17:46
Russian Figures Suggest Western Oil Sanctions Not Working
The west’s sanctions on Russian oil exports are failing to deprive the Kremlin of revenue to fund its
2023-11-17 16:55
ECB’s Villeroy Says Slowing Inflation Justifies Halting Hikes
The European Central Bank’s decision to halt interest rate increases at its October meeting is fully justified by
2023-11-17 16:52
Echoes of Bitcoin’s 2021 Record Run Emerge in the Derivatives Market
A burst of activity in Bitcoin derivatives has evoked memories of the period in late 2021 when the
2023-11-17 16:29
UK Retail Sales Post Surprise Fall as Britons Feel the Pinch
UK retail sales fell unexpectedly in October, adding to the impression that a string of interest-rate hikes designed
2023-11-17 16:15
UK Bankers Pay Thousands More in Taxes as Fiscal Drag Takes Hold
UK bankers paid thousands more in taxes last year, a development that drew warnings that the City of
2023-11-17 15:54