Belgian Government Bonds Seen Shielded From Risks of Rating Downgrade
Belgium’s fragile fundamentals could trigger a rating change but valuations of Belgian government bonds suggest they are shielded from a potential impact, […]
Microsoft to Unbundle Teams Software in Europe
The software giant says it aims to address concerns raised in EU antitrust investigation.
Pernod Ricard to Launch Buyback as Sales Rise
Pernod Ricard reported below-forecast sales and profit for fiscal 2023, but backed its medium-term financial targets and said it planned a €800 […]
Implats Profits Meet Lower End of Guidance
Impala Platinum reported sharply lower earnings for fiscal 2023 as production fell, and forecast a 6%-10% rise in costs this year.
USD/SGD Steady; Bets on Fed Tightening Cycle Ending Soon May Weigh
USD/SGD was trading steadily in the afternoon Asian session, but may be weighed by bets that the Fed’s tightening cycle is ending […]
UBS Begins Next Act in Credit Suisse Merger
UBS booked a record $29 billion net profit last quarter after it integrated Credit Suisse into its books.
Japan Looks to Boost Defense Budget by 13% and Add New Missiles
China tensions loom over $53 billion plan, which raises funds for long-neglected maintenance.
China’s Economy Shows Fresh Signs of Weakness in Factories, Consumer Spending
Gauges of activity in China’s economy showed signs of weakness in August, heaping extra pressure on policy makers to revive crumbling growth.
Chinese Steel Platform to Go Public in Hong Kong’s First SPAC Merger
ZG Group has agreed to go public via a merger with a special-purpose acquisition company in what will be the first such […]
What’s News: Business & Finance
What’s News: Business & Finance
A wildfire in northern Greece became the biggest observed in Europe this century, burning an area larger than New York City.
A wildfire in northern Greece became the biggest observed in Europe this century, burning an area larger than New York City.
Mitch McConnell froze again during a media appearance, prompting new concerns about the Senate minority leader’s health.
Mitch McConnell froze again during a media appearance, prompting new concerns about the Senate minority leader’s health.