Citi Strategists Lift US Stocks on AI Appeal, Resilient Growth
Citigroup Inc. strategists raised US stocks to neutral and tech shares to overweight on the expected boost from
2023-05-26 16:57
British Airways Cancels Flights for Second Day After IT Outage
British Airways was forced to cancel more of its short-haul flights from Heathrow on Friday following a computer
2023-05-26 16:28
Swiss Minister Calls Credit Suisse Managers ‘Arsonists’
Switzerland’s Finance Minister Karin Keller-Sutter denied government responsibility for the near-collapse of Credit Suisse Group AG in March,
2023-05-26 16:26
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part
2023-05-26 15:25
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 15:25
Hungary Budget Overruns Are Becoming an Issue for Investors
Hungarian Prime Minister Viktor Orban’s government is pushing back against growing criticism over fiscal management that investors say
2023-05-26 14:51
Deaths From Heatstroke Rise in Japan, Prompting Countermeasures
Climate change is killing the elderly in Japan and the government wants to stop it. An average of
2023-05-26 14:15
Weak Rand, Government Missteps Deny South Africans Rates Relief
South Africa’s central bank is reluctant to pivot away from policy tightening after raising its benchmark interest rate
2023-05-26 13:55
French Grocer Casino to Talk With Creditors as Conciliation Process Starts
Casino Guichard-Perrachon SA said it will start debt talks with creditors after a Paris court decided to open
2023-05-26 13:55
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner
China’s central bank will likely cut the reserve requirement ratio for major banks earlier than expected as the
2023-05-26 13:54
MUFG’s $4 Billion Bond Deal Is Japan’s Biggest This Year
Mitsubishi UFJ Financial Group Inc. raised 570 billion yen ($4 billion) worth of debt in what is Japan’s
2023-05-26 12:53
Dubai Watchdog Warns on Risks of Crypto’s Global Regulatory Gaps
Dubai’s financial regulator warned that global watchdogs need to step up talks with each other to avoid “bad
2023-05-26 12:45