Traders Lift Bets on BOE Hiking Interest Rate to 6.5% by March
Bets on the trajectory of the Bank of England’s key interest rate surged to the highest level in
2023-07-06 16:18
Exclusive-Raiffeisen delays quitting Russia as Austria defends ties -sources
By John O'Donnell and Alexandra Schwarz-Goerlich VIENNA Raiffeisen Bank International is delaying plans to leave Russia, three people
2023-07-06 16:16
Teva Weighs Sale of $2 Billion Active Ingredients Unit
Teva Pharmaceutical Industries Ltd. is weighing options for its active ingredients business, including a possible sale, people with
2023-07-06 15:50
Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:46
Malaysia Stays Pat on Key Rate to Support Slowing Growth
Malaysia left its benchmark interest rate unchanged on Thursday, maintaining support for the economy amid slowing exports and
2023-07-06 15:15
Moderna inks deal to make mRNA medicines in China
US drugmaker Moderna has signed a deal to make mRNA medicines in China as part of its first major investment in the country, despite escalating trade and political tension between Washington and Beijing.
2023-07-06 14:49
ESG Veteran Says Recession Odds Expose Leverage Trap in Strategy
A recession is coming, and ESG investors may be among those who stand to lose the most. That’s
2023-07-06 14:46
Scholz’s Coalition Suffers Court Blow on Contentious Climate Law
Chancellor Olaf Scholz’s ruling coalition suffered an embarrassing blow over key climate legislation after Germany’s top court stopped
2023-07-06 14:45
Germany Factory Orders Jump as Economy Recovers From Recession
German factory orders rebounded in May, a sign the manufacturing slump may be easing as Europe’s biggest economy
2023-07-06 14:29
Beijing orders outdoor work to be halted as scorching summer heat soars
Employers in Beijing have been ordered to stop outdoor work after scorching summer heat in the Chinese capital was forecast to reach 40 degrees centigrade (104 Fahrenheit)
2023-07-06 13:57
Thai Regulator Files Fraud Charges Against Debt-Ridden Stark
Thailand’s regulator has filed charges against the largest holder and others involved in the management of Stark Corp.,
2023-07-06 13:57
Oil Holds Gain as Traders Turn Focus to Decline in Inventories
Oil steadied as traders assessed the impact of the latest round of supply cuts from OPEC+ and a
2023-07-06 13:56