Blackstone Profit Drops 12% on Deal Slump, Shares Tumble
Blackstone Inc., grappling with higher interest rates and stung by a pullback in dealmaking, reported a 12% decline
2023-10-20 05:28
Jim Jordan Will Seek Third Floor Vote on US House Speaker Bid
Republican Jim Jordan said Thursday he will seek a third floor vote on his bid to become US
2023-10-20 03:48
Powell Signals Fed to Stay on Hold and Keep Future Hike on Table
Federal Reserve Chair Jerome Powell suggested the US central bank is inclined to hold interest rates steady again
2023-10-20 03:17
London Stock Exchange Incident Halts Trading in Many Stocks
A system “incident” halted trading in hundreds of shares on the London Stock Exchange. The outage affected mostly
2023-10-19 23:53
SAP Gains Most in Eleven Months After Cloud Backlog Surges
SAP SE gained the most in eleven months after Europe’s biggest software company said the current backlog for
2023-10-19 22:59
Xi Calls for Gaza Ceasefire in First Public Comment Since Crisis
Chinese President Xi Jinping called for an immediate ceasefire in the Israel-Hamas war, his first public comments since
2023-10-19 18:48
ECB’s Digital Euro Moves One Step Closer to Becoming Reality
The European Central Bank shifted to the next stage of its digital-euro project — preparing the ground to
2023-10-19 16:18
Sri Lanka Bondholders’ Proposal Is Met With Government Pushback
Sri Lanka is taking an unfavorable view toward a proposal by foreign dollar bondholders for restructuring its debt,
2023-10-19 16:15
Nokia Plans to Cut 14,000 Jobs in Overhaul to Shave Costs
Nokia Oyj plans to cut as many as 14,000 jobs, or 16% of its workforce, as reduced investment
2023-10-19 14:25
Nestle’s Sales Growth Slows As Volumes Drop Again
Nestle SA’s sales growth slowed down as inflation eased and the maker of Nescafe coffee put through smaller
2023-10-19 14:17
Tusk Confronts Poland’s Hostile Media Machine After Election Win
It took Poland’s national broadcaster almost 24 hours to suggest that the opposition might form a government after
2023-10-19 12:45
Xi Backs Putin on Security, Wants Progress on Gas Pipeline
President Xi Jinping reiterated that China supports Moscow’s efforts in safeguarding its national sovereignty, security and development interests,
2023-10-19 09:58