EU Forecasts Weaker Eurozone Growth in 2023, 2024
The eurozone should book growth of 0.8% this year and 1.3% in 2024, revised down from previous estimates, on weak domestic consumption […]
Earthquake-Hit Moroccans Grow Desperate as Aid Faces Hurdles
Thousands of Moroccans who survived a powerful earthquake have been left without shelter and are desperate for food, water and other aid.
Voters Feel Better About the Economy, but Few Credit Biden
Most Americans disapprove of the president’s economic policy, posing a challenge to his re-election.
Metals Higher as Dollar Eases
Base metals and gold prices rose on a falling dollar and uncertain macroeconomic outlook, as investors looked to this week’s key inflation […]
Eurozone Bond Yields Rise Amid Headwinds from Japan
Eurozone government bond yields rose with the knock-on effect from Japan which is clearly visible this morning, Commerzbank Research said, referring to […]
Covestro In Takeover Talks With ADNOC
Covestro confirmed it has entered talks over a potential €12 billion takeover by Abu Dhabi National Oil Co.
Olam Group Denies Fraud Allegations; Shares Tumble
Olam Group has denied two news reports that alleged that the commodity trader’s Nigerian units and subsidiaries were involved in a multibillion-dollar […]
Private Jets and Pop-Up Workspaces: Boeing Eases Return to Office for Top Brass
Company flight patterns suggest CEO Calhoun travels infrequently to headquarters from two distant homes, while CFO West occupies a new office five […]
Brookfield, SocGen to Launch Private-Debt Fund
Brookfield and Societe Generale joined forces to set up a private-debt fund worth €10 billion over the next four years, a move […]
Chinese Banks’ Loan Issuance Beat Expectations
Chinese banks issued a higher-than-expected amount of new loans in August, as Beijing tapped the nation’s financial institutions to step up support […]
How Cuba Fits Into China’s Global Eavesdropping Strategy
China is using bases in Cuba to monitor communications and gather intelligence throughout the southeastern U.S., a practice known as signals intelligence. […]
Chevron Appeals to Australian Workplace Arbiter to Resolve Labor Impasse
Chevron has asked Australia’s workplace arbiter to intervene to resolve a labor dispute at two giant natural-gas operations after negotiations with union […]