Powell and Central Bankers See More Tightening as Economies Withstand Hikes
The global economy and inflation have so far proved surprisingly resilient to a barrage of interest-rate increases, prompting
2023-06-29 02:55
Nigeria Vote Damaged Public Confidence in Democracy, EU Says
Nigeria’s elections this year were marred by problems that undermined public trust in democracy, European Union observers said.
2023-06-29 00:58
Biden Braces for Canadian Smoke in High-Profile Chicago Visit
A mask-less Joe Biden landed in Chicago as the city grapples with a second day of thick Canadian
2023-06-29 00:54
US Plans New AI Computer Chip Export Controls Aimed at Nvidia
The Biden administration plans to tighten export controls announced in October to restrict sales of some artificial-intelligence chips
2023-06-28 23:54
Powell Signals Fed Open to Two Straight Hikes at Coming Meetings
Federal Reserve Chair Jerome Powell signaled policymakers could potentially raise interest rates in July and September to curb
2023-06-28 22:59
BOE’s Bailey Dismisses Claims Brexit Tightened Jobs Market
Bank of England Governor Andrew Bailey dismissed claims by economists that Britain leaving the European Union has helped
2023-06-28 22:49
Meloni Joins Italian Colleagues in Blasting ECB Over Hikes
Italian Prime Minister Giorgia Meloni slammed the European Central Bank’s monetary policy, doubling down on criticism from her
2023-06-28 20:51
Thames Water’s Debt Woes Raise Specter of UK’s Energy Crisis
The UK is facing a potential water sector crisis as it considers a temporary takeover of Thames Water
2023-06-28 19:58
Switzerland Rejects Sale of Leopard 1 Tanks Bound for Ukraine
Switzerland blocked arms maker Ruag AG from selling almost 100 tanks in a deal that would have seen
2023-06-28 19:56
UK Pension Funds Called On to Review Large Oil, Gas Holdings
UK pension funds are dangerously misaligned with the goal of reducing greenhouse gas emissions fast enough to limit
2023-06-28 19:16
UK to Have Less Coal Power This Winter as Plants Start Closing
The UK is set to have less coal-fired electricity available this winter as two operators have started to
2023-06-28 19:16
PAG Partner Kim Retires as PE Firms See Rising Departures
David Kim, a partner at PAG, is retiring from Asia’s biggest multi-asset manager after 13 years, leaving the
2023-06-28 17:52