Fed Gets Room to Hold in June as Inflation Shows Sign of Cooling
Signs of moderating price pressures in April will give Federal Reserve officials room to pause their aggressive tightening
2023-05-10 23:26
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
2023-05-10 21:59
Citigroup to Hire JPMorgan Banker Al-Deweesh as Saudi CEO
Citigroup Inc. is set to hire one of JPMorgan Chase & Co.’s top bankers in Saudi Arabia as
2023-05-10 21:00
Norway Irks Wind Power Investors With Plan to Slap 40% Tax
As the US and EU throw billions at building out the industry needed for the transition to a
2023-05-10 20:28
First Citizens Deposits Beat Estimates in Wake of SVB Deal
First Citizens BancShares Inc.’s deposits surpassed estimates following its rescue deal for Silicon Valley Bank after a run
2023-05-10 19:59
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:46
Energy Crunch Looms in Europe as Crisis Not Over, EON Warns
German utility EON SE warned that Europe may not have seen the end of turmoil in its energy
2023-05-10 18:50
Africa Needs $700 Billion of Finance for Green Energy and Metals
Africa will need more than $700 billion in finance over the next decade to develop renewable power and
2023-05-10 18:49
Egypt Cuts Subsidized Food Allocations to Battle Economic Crisis
Egypt is reducing the amount millions of people can claim under a subsidized food program, part of an
2023-05-10 18:19
Taiwan’s Banks Cut China Exposure to Record Low as Tensions Rise
Taiwanese banks have slashed their exposure to China to the lowest level in at least a decade as
2023-05-10 17:59
Ukraine Latest: Kyiv Well Supplied for Counteroffensive, US Says
Ukrainian forces have the weapons, the training and the “right plans” ahead of an expected counteroffensive, US Secretary
2023-05-10 17:48
Eskom Head in China as South Africa Grapples With Acute Outages
Eskom Holdings SOC Ltd.’s acting chief executive officer traveled to China, as the South African state-owned utility implements
2023-05-10 17:45