Hedge Funds Hiked Bullish Oil Bets to 15-Month High on OPEC+ Cuts
Hedge funds boosted their bullish wagers on Brent and US crude to a 15-month high as supply cuts
2023-09-16 04:50
UK ‘Tourist Tax’ Creates Gap With Europe, Says Burberry CEO
The executive driving the turnround of Burberry Group Plc said tourists are spending more on luxury goods in
2023-09-15 23:48
H&M Revenue Growth Stalls as Fashion Retailer Raises Prices
H&M’s revenue growth unexpectedly ground to a halt as the Swedish retailer raised prices even amid increasing competition
2023-09-15 15:27
McCarthy Dares Hardliners to Oust Him as Shutdown Fight Rages
House Speaker Kevin McCarthy, thwarted by hardliners from passing measures to fund the government and frustrated by their
2023-09-15 07:21
China Cuts Bank Reserve Requirements to Aid Fiscal Stimulus
China’s central bank cut the amount of cash lenders must hold in reserve for the second time this
2023-09-15 06:46
PIF-Backed Driller’s IPO to Price at Top, Raising $1.2 Billion
ADES Holding Co.’s initial public offering is expected to raise as much as $1.2 billion in what’s set
2023-09-14 15:48
Sweden Inflation Eases More Than Expected as Rates Near Peak
Sweden’s core inflation rate declined more than expected in August, providing some relief to the country’s central bank
2023-09-14 15:47
John Lewis Expects to Stay in the Red for an Extra Two Years
John Lewis Partnership Plc has pushed back its plan to be profitable by two years as stubbornly high
2023-09-14 15:45
US-Iran Prisoner Swap Set to Happen as Soon as Early Next Week
The US and Iran are set to exchange prisoners as early as Monday under an agreement that’s seen
2023-09-14 08:51
UAW Prepares to Strike With Contract Talks Still Far Apart Ahead of Deadline
United Auto Workers President Shawn Fain said talks with automakers for a new labor contract are still far
2023-09-14 06:28
Luxury Ship Charging $33,000 a Person Awaits Rescue in Greenland’s Arctic
A luxury cruise ship carrying more than 200 people is set to be stranded for days in a
2023-09-14 03:19
Citi Plans Job Cuts as It Revamps Top Management Structure
Citigroup Inc. is preparing for a wave of job cuts as Chief Executive Officer Jane Fraser launches the
2023-09-14 03:15