Julius Baer Warns of Lower Profit as Credit Provisions Jump
Julius Baer Group Ltd. warned that its full-year profit will probably decline after provisions for bad loans jumped,
2023-11-20 16:47
Microsoft Says Altman, Brockman Will Lead New In-House AI Team
Microsoft Corp. said that Sam Altman will lead the software developer’s new in-house artificial intelligence team after the
2023-11-20 16:30
Bets on ECB Cuts Risk Prompting Hike Instead, Wunsch Says
The European Central Bank may have to raise borrowing costs again if investor bets on monetary loosening undermine
2023-11-20 16:27
German Budget Shock Major Blow for Economy, Habeck Warns
German Vice Chancellor Robert Habeck said last week’s ruling by Germany’s top court curbing the use of off-budget
2023-11-20 16:26
Tired of Waiting for Climate Finance, Africa Sets Up Green Banks
With promises of climate finance from the developed world having largely remained unfulfilled, African nations are now looking
2023-11-20 16:17
Key African Economies Set to Deviate From Global Rates Path
In what will be a marathon month for interest-rate decisions in Africa, its biggest economies are set to
2023-11-20 15:46
UK Seen Trimming Debt Supply Plans This Year Due to Tax Boost
The UK is likely to sell fewer bonds than initially planned this fiscal year after higher tax revenues
2023-11-20 15:27
Bird Flu, Power Cuts Spawn First Loss at South Africa’s Astral
Astral Foods Ltd. reported the first loss in its 23-year history as power outages and the worst outbreak
2023-11-20 14:55
OpenAI Board Taps Former Twitch CEO Shear to Succeed Altman
OpenAI’s board hired Emmett Shear, formerly of Twitch, as chief executive officer, defying calls from investors to reinstate
2023-11-20 13:48
Ex-Prime Minister Drops Congo Presidential Bid, Backs Katumbi
Democratic Republic of Congo’s former prime minister, Matata Ponyo Mapon, dropped his presidential campaign and will back businessman
2023-11-20 13:27
Goldman Sachs Taps New Leadership for Japan as Mochida Exits
Goldman Sachs Group Inc. tapped new leadership for its Japan business to replace a long-standing investment banker stepping
2023-11-20 13:22
Hong Kong Tycoon Cheng Raises Doubt Over Succession Plans
Hong Kong billionaire Henry Cheng said his family business is still looking for a successor, calling into question
2023-11-20 12:56