![Morgan Stanley Downgrades LVMH to End Six Years of Bullishness](/i/c/af408242-9dd3-382b-c467-005d06e7d759.webp)
Morgan Stanley Downgrades LVMH to End Six Years of Bullishness
For the first time in six years, a Morgan Stanley analyst is relinquishing his positive view on LVMH.
2023-12-01 18:53
![South African Factory Manager Outlook Worst Since Covid Lockdown](/i/c/a6da38e2-25de-8237-7604-5f05c40b62db.webp)
South African Factory Manager Outlook Worst Since Covid Lockdown
Factory managers in South Africa are the most pessimistic they’ve been about the outlook for business conditions since
2023-12-01 18:49
![UAE Aims for COP28 Finance Splash With $30 Billion Climate Fund](/i/c/42054f42-5e89-427f-2662-59df6ab48bb0.webp)
UAE Aims for COP28 Finance Splash With $30 Billion Climate Fund
The United Arab Emirates, host of the COP28 climate summit in Dubai, will put $30 billion into a
2023-12-01 18:22
![UniCredit Lent About $650 Million to Benko’s Troubled Signa](/i/c/2fc19d19-1e12-a8fb-eefd-1314ea3beb25.webp)
UniCredit Lent About $650 Million to Benko’s Troubled Signa
UniCredit SpA has lent about €600 million ($655 million) to companies that are part of Austrian tycoon Rene
2023-12-01 17:56
![Evergrande Creditors Demand Controlling Stakes in New Proposal](/i/c/c1bc05d0-cf63-959e-6274-d0e945681982.webp)
Evergrande Creditors Demand Controlling Stakes in New Proposal
A group of offshore creditors to China Evergrande Group is demanding controlling equity stakes of the property developer
2023-12-01 17:56
![UBS Sees More Senior Private Banker Departures in Hong Kong](/i/c/42b3a33c-e826-43bb-e9f2-16060555f75f.webp)
UBS Sees More Senior Private Banker Departures in Hong Kong
UBS Group AG has seen at least three senior ex-Credit Suisse private bankers in Hong Kong resign, adding
2023-12-01 17:55
![Woman Discovers Over $86 Million Mistakenly Deposited in Her Bank Account](/i/c/990dfabf-ae04-eaed-a676-90e69ee517bc.webp)
Woman Discovers Over $86 Million Mistakenly Deposited in Her Bank Account
A client of Malaysia’s biggest bank recently discovered that her bank balance had mysteriously increased to more than
2023-12-01 16:52
![European Stocks Extend $1.2 Trillion Rally Before Powell Speech](/i/c/df016589-48a1-798c-7671-42b669f628a8.webp)
European Stocks Extend $1.2 Trillion Rally Before Powell Speech
European stocks kicked off December with gains, extending a rally that added $1.2 trillion to the Stoxx 600’s
2023-12-01 16:50
![Ryanair Finds Suspect Engine Components as Fake-Part Case Brews](/i/c/8f2d7596-d442-2eb8-6bef-6c166ebaa9d4.webp)
Ryanair Finds Suspect Engine Components as Fake-Part Case Brews
Ryanair Holdings Plc said it found unauthorized parts in two aircraft engines, becoming the latest major airline caught
2023-12-01 16:46
![Goldman Says ECB to Cut Interest Rates Sooner Than Expected](/i/c/6aa609a3-c7e7-b7f5-4be2-2be0d5593076.webp)
Goldman Says ECB to Cut Interest Rates Sooner Than Expected
The European Central Bank won’t wait as long as previously forecast to cut its interest rate, with the
2023-12-01 16:46
![Fed’s Barr Wants Banks Using Discount Window for Liquidity Needs](/i/c/4ab152be-1f0d-0775-c519-855de04d2a36.webp)
Fed’s Barr Wants Banks Using Discount Window for Liquidity Needs
The Federal Reserve’s top bank watchdog wants lenders to be more comfortable turning to the central bank’s discount
2023-12-01 16:26
![India Reemerges as Venezuelan Oil Buyer as US Sanctions Ease](/i/c/930a4478-6d0f-2dd3-aaff-c41f930273f5.webp)
India Reemerges as Venezuelan Oil Buyer as US Sanctions Ease
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
2023-12-01 16:25