Ares Raises $6.6 Billion Fund to Chase Bank Loan Sales
Ares Management Corp. raised $6.6 billion for its second asset-based credit fund, as it seeks to snap up
2023-10-30 20:51
Apple Looks to Capitalize on Computer Sales Comeback With New Macs
Apple Inc. is set to capitalize on a computer market resurgence when the company unveils two new Macs
2023-10-30 17:54
German Economy Shrank in Third Quarter Amid Recession Threat
German output shrank in the third quarter — raising the risk that Europe’s largest economy is headed for
2023-10-30 17:54
ECB’s Kazimir Says Rate-Cut Bets for First Half 2024 Misplaced
European Central Bank Governing Council member Peter Kazimir said investor wagers on reductions in borrowing costs before mid-2024
2023-10-30 17:27
Swedish Economy Stagnates as Rate Hikes Weigh on Output
Sweden’s economy was stagnant last quarter, as rising borrowing costs and growing unemployment hurt spending in the Nordic
2023-10-30 17:22
Spanish Inflation Quickens to Highest Since April on Electricity
Spanish inflation accelerated for a fourth month, hitting the highest level since April and supporting calls to prolong
2023-10-30 16:53
SNB Will No Longer Pay for Deposits Held to Meet Reserve Needs
The Swiss National Bank is cutting the amount of money commercial lenders can get by parking funds at
2023-10-30 16:50
Morgan Stanley’s Wilson Sees Year-End Stock Rally as Unlikely
Investors hoping for a boost to stocks by the end of the year will be disappointed, according to
2023-10-30 15:50
HSBC May Lift Variable Pay By $300 Million, Costs to Rise
HSBC Holdings Plc said it may increase some variable pay, resulting in higher expenses, after it announced a
2023-10-30 15:22
Dubai’s RTA Seeks About $300 Million From Taxi IPO
Dubai Taxi Corp., a unit of the emirate’s transport authority, is seeking to raise about $300 million from
2023-10-30 15:20
Finance Jobs in City of London Are Drying Up as Gloom Sets In
The City of London has fewer finance jobs to offer after a post-pandemic hiring boom left companies overstaffed
2023-10-30 13:54
Sumitomo Mitsui Trust Said to Halve Profit Outlook; Shares Drop
Sumitomo Mitsui Trust Holdings Inc. plans to halve its profit forecast for the current fiscal year to around
2023-10-30 10:17