French Train Maker Alstom Slumps After Cash Flow Warning
Alstom SA plunged by more than a third after the French train maker slashed its financial guidance due
2023-10-05 17:28
The German Property Crisis Is Claiming Its First Big Victims
In July this year, Nuremberg’s mayor celebrated the final beam being placed atop the redeveloped Quelle building, a
2023-10-05 12:50
Citi Raises China GDP Forecast, Saying Economy Has Bottomed Out
Citigroup Inc. raised its growth forecast for China to 5% this year, as promising data helps build consensus
2023-10-05 09:57
MTA Unveils a Plan to Fix NYC’s Aging Transit System
Overhauling Grand Central Terminal’s 110-year-old train shed, replacing more than 5,000 subway and commuter rail cars, and electrifying
2023-10-05 01:25
Building Magnate Weighs Autostrade Bid Valued at €20 Billion
An Italian construction magnate is considering a takeover bid for Autostrade per l’Italia SpA that could value the
2023-10-03 02:20
Indonesia Starts Southeast Asia’s First High-Speed Rail Operations
Indonesia has opened Southeast Asia’s first high-speed rail to the public after years of delay and cost overrun.
2023-10-02 12:46
Australian Housing Prices Stay Strong as RBA Seen Standing Pat
Australian home prices stayed strong in September, driven by soaring demand and outweighing the impact of the central
2023-10-01 21:47
UBS Reaches Settlement With Mozambique Over Tuna-Bonds
UBS Group AG reached a settlement with Mozambique over Credit Suisse’s role in a ship-financing scandal, resolving the
2023-10-01 18:52
Nigeria Ups Wages Ahead of Worker Strike Over Sweeping Reforms
Nigeria announced a temporary wage increase among a set of measures aimed at cushioning the impact of reforms
2023-10-01 16:52
Giant Gas-to-Methanol Machines Could Curb Methane Emissions
Semi trailer-sized machines could provide a unique solution to a major source of the fossil fuel industry’s methane
2023-09-30 06:53
Thailand to Cut Reliance on Long Bonds in $66 Billion Debt
Thailand will reduce sales of long-tenor debt in favor of shorter notes to soothe investors worried about its
2023-09-29 19:48
India Aiming to Monetize $24 Billion Worth of Highways by 2027
The Indian government is expected to monetize close to two trillion rupees ($24.1 billion) worth of highways over
2023-09-29 15:23