Goldman Analysts Have Bad News for Fund Managers Ignoring ESG
Asset managers trying to sell funds in Europe are finding it “increasingly difficult” to do so unless their
2023-09-05 17:56
Goldman Cuts US Recession Chances to 15% on Improved Inflation
Goldman Sachs Group Inc. now sees a 15% chance the US will slide into recession, down from 20%
2023-09-05 11:28
Moody's lifts 2023 U.S. growth forecast, cuts China's for 2024
By Marc Jones LONDON Credit rating agency Moody's raised its 2023 U.S. economic growth forecast on Friday but
2023-09-02 00:47
UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
2023-08-31 14:20
Japan sees rare strike as workers at landmark department store protest sale
By Ritsuko Shimizu and Rocky Swift TOKYO Workers at a major Tokyo department store went on strike on
2023-08-31 10:17
Troubled Chinese homebuilder Country Garden is rushing to raise cash to avoid default
Country Garden is raising funds to avoid default, as the troubled real estate giant battles a liquidity crisis which some fear could spread to China's wider economy and even spill over abroad.
2023-08-30 14:49
Seven & I to sell Sogo & Seibu department store unit, triggering strike plan -Nikkei
TOKYO Seven & i Holdings has decided to sell department store unit Sogo & Seibu on Sept. 1,
2023-08-30 11:15
S&P Global downgrades Rite Aid on restructuring risk
S&P Global Ratings on Tuesday downgraded Rite Aid Corp to "CCC-minus" from "CCC-plus" on increased risk from restructuring.
2023-08-30 04:49
Key US jobs data boost Fed's 'soft-landing' hopes
By Howard Schneider WASHINGTON Key U.S. jobs data began approaching pre-pandemic levels in July, a sign of the
2023-08-30 03:26
US job openings fall below 9 million for the first time since March 2021
The number of available jobs in the United States shrank for the third consecutive month, dropping below 9 million for the first time since early 2021, according to the latest data released Tuesday by the Bureau of Labor Statistics.
2023-08-29 22:18
3M agrees to pay $6 billion after US military said its earplugs caused hearing loss
3M has agreed to pay $6 billion to resolve roughly 300,000 lawsuits alleging that the manufacturing company supplied faulty combat earplugs to the military that resulted in significant injuries, such as hearing loss.
2023-08-29 20:57
Goldman’s GreenSky Sale Enters Homestretch With PE Giants in Mix
Goldman Sachs Group Inc.’s sale of consumer lending unit GreenSky is entering the final stretch with groups featuring
2023-08-29 09:29