Today: November 21, 2024
Today: November 21, 2024

Finance

Europe|Finance|Stock Markets|US

Trade war could leave Europe in recession with high inflation, ECB policymaker warns

Europe will suffer in case of a fresh trade war with the United States, and could face a recession coupled with high inflation, Cypriot central bank Governor Christodoulos

Trade war could leave Europe in recession with high inflation, ECB policymaker warns
Business|Economy|Europe|Finance

UBS CFO sees 'sluggish' European economies as credit loss expense flagged

UBS CFO Todd Tuckner said on Thursday that weak economic growth in Europe has hit companies as he revealed the bank faced a credit loss expense of about 150 million Swiss francs ($

UBS CFO sees 'sluggish' European economies as credit loss expense flagged
Business|Finance|Health|Opinion

Column-You've got mail from Medicare Advantage, so be careful

I have been enrolled in traditional Medicare for a couple of years now, and one professional benefit is that I receive the same direct marketing pitches that my readers get

Column-You've got mail from Medicare Advantage, so be careful
Asia|Business|Finance

China's Trustar raises $1 billion for vehicle that holds McDonald's China stake, sources say

Trustar Capital has raised $1 billion for a continuation fund that will hold the Chinese private equity firm's controlling stake in McDonald Corp's operations in

China's Trustar raises $1 billion for vehicle that holds McDonald's China stake, sources say
Africa|Business|Economy|Europe|Finance

Britain imposes asset freeze, travel ban on Angola's Isabel dos Santos

Britain has imposed a travel ban and an asset freeze on Angolan billionaire Isabel dos Santos under its global anti-corruption sanctions regime, the British government said on

Britain imposes asset freeze, travel ban on Angola's Isabel dos Santos
Business|Finance|Opinion|Technology

AI will force tech investors to become macro aware: Wang

(The opinions expressed here are those of the author, a portfolio manager at Fidelity International.) By Taosha Wang Tech investors are facing a new form of disruption.

AI will force tech investors to become macro aware: Wang
Business|Crime|Finance|US

'The Corrupt Solar Project': US findings related to Adani's bribery charges

Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for conspiring with executives of a formerly New York listed company to devise a $265 million scheme to bribe

'The Corrupt Solar Project': US findings related to Adani's bribery charges
Business|Finance|Stock Markets|US

Nvidia sees past triple-digit growth

A look at the day ahead in U.S. and global markets from Mike Dolan There's not too much to worry about at the world's most valuable company - or the artificial intelligence theme - but just conceding

Nvidia sees past triple-digit growth
Economy|Finance|US

Sterling sags as 'Trump bump' lifts dollar

The pound eased modestly against the dollar, which held firm on Thursday, as investors remained laser-focused on who President-elect Donald Trump's Treasury

Sterling sags as 'Trump bump' lifts dollar
Economy|Finance|US

US natural gas drillers to lift 2025 output, reversing year of cuts

U.S. natural gas producers will boost output in 2025 following a series of production cuts this year, as rising demand from liquefied natural gas export plants is

US natural gas drillers to lift 2025 output, reversing year of cuts
Business|Economy|Finance|Stock Markets|US

Deere forecasts annual profit below estimates as farm equipment demand slumps

Deere & Co forecast lower-than-expected 2025 profit on Thursday, as sagging farm incomes and inflationary pressures affect demand for the company's tractors and other agricultural equipment

Deere forecasts annual profit below estimates as farm equipment demand slumps
Business|Economy|Finance|US

US airline flight crews confident and angry as unions seek richer contracts

Alaska Airlines flight attendant Rebecca Owens works 10 hours a day but only gets paid for half that time - a legacy of a common U.S. airline policy to pay

US airline flight crews confident and angry as unions seek richer contracts
Economy|Finance

UK factories see signs of recovery in output, CBI says

British manufacturers expect their output to grow after a recent slump linked to uncertainty about the first budget of the new government, the U.S. elections and other factors, the

UK factories see signs of recovery in output, CBI says
Asia|Business|Crime|Economy|Finance|US|World

Key events in Gautam Adani's US indictment over alleged bribery scheme

Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme in India, plunging his conglomerate deep into crisis

Key events in Gautam Adani's US indictment over alleged bribery scheme
Business|Finance|Stock Markets|US

Futures subdued as Nvidia's forecast disappoints, geopolitical tensions mount

U.S. stock index futures were subdued on Thursday, as AI-heavyweight Nvidia's revenue forecast failed to impress investors while caution prevailed over

Futures subdued as Nvidia's forecast disappoints, geopolitical tensions mount
Asia|Business|Economy|Finance

China announces policy measures to boost trade amid worries over Trump tariffs

China's commerce ministry on Thursday announced a series of policy measures aimed at boosting the country's foreign trade, including pledging to strengthen financing support to

China announces policy measures to boost trade amid worries over Trump tariffs
Business|Economy|Finance|US

Fed's Barkin says US is vulnerable to inflation shocks, FT reports

The U.S. is more vulnerable to inflationary shocks than in the past, Federal Reserve Bank of Richmond President Tom Barkin said in an interview with the Financial Times published on

Fed's Barkin says US is vulnerable to inflation shocks, FT reports
Asia|Business|Finance|Stock Markets|Technology

Alibaba combines e-commerce arms to tackle growing competition

Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for the first time, the company

Alibaba combines e-commerce arms to tackle growing competition
Economy|Europe|Finance

Germany faces high corporate default risk in 2025, Bundesbank says

Germany's economy is facing deep and profound challenges that could push up corporate insolvencies, keeping default risk elevated next year, the Bundesbank said in a Financial

Germany faces high corporate default risk in 2025, Bundesbank says
Business|Finance|Technology

US watchdog issues final rule to supervise Big Tech payments, digital wallets

Silicon Valley tech giants and others who together process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject

US watchdog issues final rule to supervise Big Tech payments, digital wallets
Asia|Business|Economy|Finance

Indian opposition calls for Adani probe, Modi's BJP questions timing of US indictment

Indian opposition parties demanded a probe on Thursday into allegations of wrongdoing by the Adani Group and said they would raise the

Indian opposition calls for Adani probe, Modi's BJP questions timing of US indictment
Business|Europe|Finance

Commerzbank names new CFO amid UniCredit approach

Commerzbank on Thursday named Carsten Schmitt as its new chief financial officer, a crucial role at Germany's No. 2 lender as it seeks to fend off an approach by Italy's

Commerzbank names new CFO amid UniCredit approach
Asia|Business|Finance|Technology

China's Baidu posts 3% fall in third-quarter revenue, meeting market view

Baidu reported a 3% fall in third-quarter revenue on Thursday, meeting market estimates, as China's biggest internet search provider grappled with weak spending on its advertising services

China's Baidu posts 3% fall in third-quarter revenue, meeting market view
Europe|Finance|Stock Markets

STOXX 600 drops for fifth day, Nvidia drags European chip stocks

Automobile stocks led losses in Europe on Thursday, with geopolitical tensions weighing on overall market sentiment and keeping some safe-haven bids afloat,

STOXX 600 drops for fifth day, Nvidia drags European chip stocks

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