Long-Time Novo Bull Slashes Stake Citing Weight-Loss Drug Hype
A top-performing European fund manager is calling time on “hype” around weight-loss drugs that has sent Novo Nordisk
2023-11-27 16:52
Companies Are Dropping Carbon Offsets, But Still Buying the Worst Ones
Carbon offsets once looked primed for unstoppable growth. Analysts had forecast that the credits, which claim to wipe
2023-11-27 13:20
Yuan’s Recovery Gains Momentum as Seasonal Tailwind Kicks In
China’s yuan is set to be boosted by year-end tailwinds and by speculation its recent rebound will encourage
2023-11-27 08:28
Asian Stocks to Rise as ‘Fear Gauge’ Hits 2020 Low: Markets Wrap
Asian stocks are poised to start a fresh week higher after US shares held last week’s gain in
2023-11-27 06:25
Turkey Nears First Bond Sale to Abu Dhabi Fund in Landmark Deal
Turkey is weighing its inaugural bond sale to an Abu Dhabi sovereign wealth fund by the end of
2023-11-24 20:53
Boards Waffle Over Buyout Bids in $40 Billion Takeover Wave
A wave of dealmaking has come to Europe, and corporate boards aren’t sure what to do about it.
2023-11-24 18:50
China’s Belt and Road Eyes Smaller Projects, More Use of Yuan
China said it would prioritize small projects and push for greater use of the Chinese currency through its
2023-11-24 15:47
Japan Inflation Quickens, Fueling Speculation Over BOJ Shift
Japan’s key inflation measure accelerated for the first time in four months, going against the Bank of Japan’s
2023-11-24 08:29
Turkey’s Central Bank Outdoes Forecasts With Big Rate Hike
Turkey’s central bank hiked interest rates by double the amount markets expected on Thursday, bolstering the lira. The
2023-11-23 19:49
Turkey Poised for Rate Milestone If It Hikes Past 36%
Turkey is turning another corner in ending an era of ultra-loose monetary policy. The central bank will likely
2023-11-23 11:22
Scotland’s Only Oil Refinery Will Close in 2025
Scotland’s only oil refinery is set to close as soon as 2025, dealing a blow to the local
2023-11-22 23:48
A Biotech Slump Is Emptying Labs and Threatening Research on New Drugs
Sangamo Therapeutics Inc.’s cost cuts didn’t hurt just the roughly 162 US workers who lost their jobs this
2023-11-22 19:51