Julius Baer Warns of Lower Profit as Credit Provisions Jump
Julius Baer Group Ltd. warned that its full-year profit will probably decline after provisions for bad loans jumped,
2023-11-20 16:47
Microsoft Says Altman, Brockman Will Lead New In-House AI Team
Microsoft Corp. said that Sam Altman will lead the software developer’s new in-house artificial intelligence team after the
2023-11-20 16:30
Bets on ECB Cuts Risk Prompting Hike Instead, Wunsch Says
The European Central Bank may have to raise borrowing costs again if investor bets on monetary loosening undermine
2023-11-20 16:27
German Budget Shock Major Blow for Economy, Habeck Warns
German Vice Chancellor Robert Habeck said last week’s ruling by Germany’s top court curbing the use of off-budget
2023-11-20 16:26
Key African Economies Set to Deviate From Global Rates Path
In what will be a marathon month for interest-rate decisions in Africa, its biggest economies are set to
2023-11-20 15:46
UK Seen Trimming Debt Supply Plans This Year Due to Tax Boost
The UK is likely to sell fewer bonds than initially planned this fiscal year after higher tax revenues
2023-11-20 15:27
OpenAI Board Taps Former Twitch CEO Shear to Succeed Altman
OpenAI’s board hired Emmett Shear, formerly of Twitch, as chief executive officer, defying calls from investors to reinstate
2023-11-20 13:48
OpenAI’s Murati Aims to Re-Hire Altman, Brockman After Exits
OpenAI’s interim Chief Executive Officer Mira Murati plans to re-hire her ousted predecessor Sam Altman and former President
2023-11-20 12:51
China Ramps Up Middle East Courtship by Hosting Top Diplomats
China is hosting senior officials from mostly Middle Eastern nations for “in-depth” talks on ways to deescalate the
2023-11-20 12:15
Chinese Banks Keep Lending Rates After PBOC Policy Rate Hold
China’s commercial lenders held their benchmark lending rates steady on Monday, in line with the central bank’s decision
2023-11-20 10:28
Alibaba Shock Move Casts Fresh Pall Over China Tech
The shocking decision by Alibaba Group Holding Ltd. to cancel the spinoff of its cloud division is offering
2023-11-20 10:22
Rosalynn Carter, an Activist US First Lady, Dies at 96
Rosalynn Carter, who broke new ground as an activist US first lady by attending her husband’s Cabinet meetings
2023-11-20 10:19