German Two-Year Schatz Seen Offering Value Above 3% Yield
Mizuho said the ECB’s rate-rising cycle is mostly done and it sees value in fading any selloff that might materialise in front-end […]
ECB’s New Inflation Forecasts Could Move Euro
A widely expected interest rate rise by the ECB is unlikely to move the euro much, but new inflation forecasts could have […]
China Cuts Rates to Prop Up Flagging Recovery
The Chinese central bank’s latest interest-rate cut signals Beijing is increasingly uneasy about the economy’s prospects.
H&M Sales Rise But Miss Forecasts
H&M second quarter sales rose by 6% on year but were “flattish” in local currencies, affected by unfavourable weather conditions, but said […]
Legal & General Names Santander Executive as New CEO
Legal & General has appointed Antonio Simoes as its incoming chief executive officer effective Jan. 1 2024.
Siemens Plans Asia Production Expansion
Siemens said it planned to invest €2 billion to boost manufacturing capacity this year to tap growth opportunities in digitalization and automation […]
Hugo Boss Upgrades 2023, Midterm Targets
Hugo Boss forecast 10%-20% earnings growth this year and raised its financial targets through 2025, thanks to strong sales in Asia-Pacific and […]
The Shoulder-Fired Missile Making a Comeback
The Starstreak missile will re-enter production, but a long lead time shows the challenges of Western rearmament.
Chinese Property Shares Rise Despite Cooler Home Prices
Shares of Chinese property stocks rose, buoyed by hopes for more interest rate cuts, despite data showing a further slowdown in China’s […]
Japan in Talks to Provide Artillery Shells to U.S. to Boost Stocks for Ukraine
A global hunt for shells has intensified as Ukraine presses its counteroffensive against Russia, but Japan has long curbed exports of lethal […]
Shell CEO Wael Sawan said that the London energy giant would ratchet back low-profit clean-energy investments while pumping more fossil fuels.
Shell CEO Wael Sawan said that the London energy giant would ratchet back low-profit clean-energy investments while pumping more fossil fuels.
Southern Baptists overwhelmingly reaffirmed a prohibition on women serving as pastors, rebuffing one of their most prominent ministers.
Southern Baptists overwhelmingly reaffirmed a prohibition on women serving as pastors, rebuffing one of their most prominent ministers.