Pimco Is Selling Hung Debt It Bought From Banks for a Premium
Pacific Investment Management Co. spent some of last year scooping up debt that banks couldn’t sell at knock-down
2023-10-20 19:27
UK Borrowing on Track to Undershoot as Inflation Boosts Tax
An inflation-induced tax boom has left UK government borrowing on track to come in significantly below official forecasts
2023-10-20 15:56
BOE Governor Says UK Pay Growth Is Still Too High for Comfort
Bank of England Governor Andrew Bailey said pay growth is still too high to be consistent with getting
2023-10-20 15:16
UK Retail Sales Fall More Than Expected in Spell of Warm Weather
UK retail sales tumbled more than expected as unusually warm weather deterred shoppers from spending on clothes for
2023-10-20 14:58
Europe Car Sales Extend Winning Streak on Large Order Backlogs
European auto sales maintained double-digit growth in September despite higher interest rates raising the cost of acquiring a
2023-10-20 14:58
Israel Latest: US Downs Missiles Targeting Israel From Yemen
The Pentagon said it’s experiencing an increase in drone attacks on US military bases in Iraq and Syria,
2023-10-20 14:17
Olive Oil Prices Weigh on Costs of Traditional Italy, Spain Food
Olive oil prices continued to rise pushing up the cost of Italy and Spain’s top dishes even as
2023-10-20 13:58
Sweden Power Crunch Can Be Eased With Offshore Wind, Orsted Says
The best option for Sweden to mitigate a power crunch in the second half of this decade is
2023-10-20 12:52
ECB’s Peak Rates to Endure Despite Economic Perils, Survey Shows
The European Central Bank will next week hammer home the message that borrowing costs are set to stay
2023-10-20 12:46
Starmer’s Labour Overturns Large Tory Majority to Take Tamworth
The opposition Labour Party overturned a huge Conservative majority to win the parliamentary seat of Tamworth, boosting leader
2023-10-20 10:54
Biden Casts Russia, Hamas as Parallel Threats to Democracy
President Joe Biden directly appealed to the American people to support funding for Israel and Ukraine’s war efforts,
2023-10-20 09:45
Xi’s Belt and Road Now Global South Event After Europe Snub
President Xi Jinping’s signature infrastructure gambit was supposed to connect Asia, Africa and Europe through a network of
2023-10-20 09:26