Orcel Sees Higher Deposit Costs, Eyes Second UniCredit Term
UniCredit SpA Chief Executive Officer Andrea Orcel said the boost from higher official interest rates will soon turn
2023-06-05 22:28
U.S. services sector slows in May; prices paid gauge falls to three-year low - ISM survey
WASHINGTON The U.S. services sector barely grew in May as new orders slowed, pushing a measure of prices
2023-06-05 22:25
Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
2023-06-05 22:22
Canada’s Economy Is Proving Surprisingly Immune to Higher Interest Rates
Canada’s economy hasn’t buckled under the weight of higher borrowing costs. On the contrary: strong growth has more
2023-06-05 22:18
3M Granted Delay in ‘Forever Chemicals’ Trial to Negotiate Settlement
The judge overseeing 4,000 lawsuits involving 3M Co. “forever chemicals” agreed to delay the first trial for three
2023-06-05 21:50
European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European gas futures jumped 20%, the biggest jump since March amid signs of a tighter liquefied natural gas
2023-06-05 21:15
Russia’s Oil and Gas Revenue Shrank by Over a Third in May
Russia’s oil and natural gas revenue fell by more than a third in May, hit by lower crude
2023-06-05 20:47
BOE Wants Deposit Protection Fund to Recapitalize Failing Banks
The Bank of England is drawing up plans to recapitalize failing banks through the industry’s deposit protection program
2023-06-05 20:28
Morgan Stanley sees slump in US earnings in 2023, sharp rebound next year
Morgan Stanley warns of a 16% drop in profit for S&P 500 companies this year, followed by a
2023-06-05 20:26
United Airlines CEO says US in a 'business recession' but consumers 'strong'
By Aditi Shah and Tim Hepher ISTANBUL (Reuters) -The United States is in a "business recession" but the consumer is
2023-06-05 20:21
Saudi Arabia, US Make Tentative Steps Toward Healing Deep Rift
US Secretary of State Antony Blinken’s visit to Saudi Arabia this week is the latest sign of improving
2023-06-05 20:00
Exclusive-Musk's Neuralink valued at about $5 billion despite long road to market
By Rachael Levy, Krystal Hu and Marisa Taylor Elon Musk's brain implant startup Neuralink, which was valued at
2023-06-05 18:53