Bank of Canada Now Expected to Cap Rate-Hiking Campaign at 5%
The Bank of Canada will raise borrowing costs by another 25 basis points in coming months before capping
2023-06-23 23:23
Buyout Firms Abandoned Siemens Energy Stake Talks Before Plunge
Several private equity firms dropped talks to buy a Siemens Energy AG stake in recent months over concerns
2023-06-23 23:16
Zambia’s President Expects to See Debt-Restructuring Deal Wrapped Up Soon
Zambia has concluded the most difficult part of negotiations to restructure its debt, and sees remaining talks being
2023-06-23 22:50
Zambia Debt Deal Spurs Rally in Distressed Emerging Markets
Bonds of developing nations in debt distress gained on Friday in a broad relief rally sparked by Zambia’s
2023-06-23 20:59
Fed’s Bostic Says Tackling High Inflation Is Top Priority
Federal Reserve Bank of Atlanta President Raphael Bostic said defeating elevated inflation was the US central bank’s top
2023-06-23 20:54
Pinstripes Restaurant Chain Reaches Deal to Go Public Via SPAC
Pinstripes Inc., the restaurant chain that combines bowling and bocce with Italian fare, is going public in a
2023-06-23 19:25
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
2023-06-23 19:24
Germany’s €11 Billion Defense Orders to Get Lawmaker Approval
German lawmakers will sign off early next month on government plans to buy 60 Boeing Co. Chinook helicopters
2023-06-23 18:54
Andrew Sentance Says Markets ‘Jumping The Gun’ With 6% Rate Bets
A former Bank of England policy maker who has criticized officials for failing to rein in inflation more
2023-06-23 18:29
UK Firms Say Wages Add to Inflation Pressures Despite Slowdown
British businesses said staff shortages that are forcing them to drive up wages are adding to the cost
2023-06-23 16:51
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:23
Germany Loses Momentum as Services Slowdown Weighs on Economy
Germany’s economic activity lost much more momentum than anticipated in June, driven by a slowdown in services and
2023-06-23 15:54