ECB’s Nagel Says Premature to Even Talk About Rate Cuts
The European Central Bank isn’t yet at a point where it should consider reducing borrowing costs, according to
2023-11-28 17:53
Scholz Says Unforgivable If Budget Shock Halts Germany’s Transformation
German Chancellor Olaf Scholz promised that his government will forge ahead with investments needed to modernize the economy
2023-11-28 17:52
Taiwan Cuts 2023 Growth Outlook to Lowest Since Financial Crisis
Taiwan cut its growth forecast for this year to the slowest pace since the global financial crisis in
2023-11-28 17:52
UK Inflation More Home-Grown, Says BOE Deputy Governor
UK inflation is becoming more “home-grown” and will be “challenging to squeeze out of the system,” according to
2023-11-28 17:47
Kenya Abandons Eurobond Plan in Change of Funding Strategy
Kenya has dropped plans to tap international capital markets this fiscal year due to the high cost of
2023-11-28 16:50
Sweden’s Property Owners Need to Cut Debt Further, Watchdog Says
Sweden’s heavily indebted commercial real estate owners remain vulnerable to rising borrowing costs, and may need to reduce
2023-11-28 16:29
Norway’s $1.5 Trillion Wealth Fund Recommends Adding Private Equity
Norway’s $1.5 trillion wealth fund recommended that private equity be added to its investment portfolio, reflecting a broader
2023-11-28 16:23
ArcelorMittal to Cut 3,500 Jobs in South Africa as Growth Slows
ArcelorMittal South Africa Ltd. will shut its long steel products business and cut as many as 3,500 jobs,
2023-11-28 16:21
Novartis Raises Annual Sales Growth Forecast After Restructuring
Novartis AG raised its mid-term sales growth forecast as the Swiss drugmaker narrows its focus on innovative medicines
2023-11-28 15:59
South African Plan Paves Way for $80 Billion Energy Transition
An $80 billion South African investment plan to begin transitioning the economy away from fossil fuels over five
2023-11-28 15:58
Troubled Landlord Adler Takes $1 Billion Hit From Restructuring
Adler Group SA reported a €971 million ($1.06 billion) operating loss for the first nine months of the
2023-11-28 15:58
One Corner of China’s Weak Market Is Seeing a $25 Billion Rally
Investors desperate for returns in China’s lackluster equities are scooping up some of the smallest and most volatile
2023-11-28 15:51