Norges Bank Keeps Key Rate in Place
Norway’s central bank maintained its key policy rate at 4.25%, but confirmed an increase is likely later this year.
Six Flags, Cedar Fair Strike Big Theme-Park Merger
The deal will give the combined company reach to fend off larger competitors, executives say.
Shell Announces $3.5 Billion Buyback
Shell launched a $3.5 billion share buyback program after third-quarter earnings rose on higher refining margins, oil prices and sales, but slightly […]
Eurozone Bond Yields Follow U.S. Treasury Yields Lower
Eurozone government bond yields fell, tracking the decline in U.S. Treasury yields, which was induced by multiple factors, Standard Chartered Bank said.
China Cremates Former Premier Whose Death Hovers Over Xi Jinping
Passing of Li Keqiang has sparked an outpouring of grief that some have used as an avenue to criticize Xi’s hard-line rule.
Sainsbury’s Raises Full-Year Guidance
Sainsbury’s lifted its guidance for fiscal 2024 on volume strength as it posted sales growth driven by groceries for the first half […]
Lufthansa Beats Views, Sees Continued Strong Demand
Lufthansa said it expected capacity in the current quarter to reach around 91% of 2019 levels and confirmed its adjusted EBIT forecast […]
Novo Nordisk Continues to Limit Supply of Blockbuster Weight-Loss Drug
Novo Nordisk is gradually expanding supply capacity for its blockbuster weight-loss drug, but said it will continue to limit supply of lower-strength […]
Glynn’s Take: RBA Policy Decision Seems Too Tough to Call With Cautious Bullock at the Helm
The Australian central bank is likely still weighing whether the buildup in price pressures will force it to revise its expectation that […]
Santos’s Barossa Gas Pipeline Delayed by Australian Court
The energy explorer’s attempt to lay a pipeline through a gas field off Australia’s north coast has been held up after a […]
How Russia Is Restructuring Wagner Group’s Africa Operations
After the death of Wagner leader Yevgeny Prigozhin, the Kremlin is putting a new power structure in place that will take over […]
Shein Turns to Western Executives to Become Even More Global
Entangled in geopolitical friction, the China-founded e-commerce powerhouse taps American executive Frances Townsend.