Federal Cyber Oversight of Critical Infrastructure is Failing, Report Warns
The system for managing cyber risk among U.S. critical infrastructure sectors is outdated, cumbersome, and risks damaging private-sector cooperation, the successor group […]
Wealthfront Launches Robo for Bonds
There is growing investor demand for one of the most boring asset classes.
Metals Mixed Despite Bright Spots in China Data
Base metals prices were mixed, while gold dropped, as demand concerns and macro headwinds continued to weigh, with a strong dollar impacting […]
Mercedes Teams Up With Green Steelmaker to Slash Emissions
In addition to securing supply for Mercedes’s European factories over the coming years, the companies have also agreed to explore potential steel […]
German Industrial Production Lags Estimates
German industrial output rose 0.3% in April on month, ticking up less than expected, as car manufacturing dipped, adding to concerns about […]
Irish Bonds Seen as Relative Underperformers Ahead of Auction
Irish government bonds have underperformed versus peers over the past few days, pushing Irish-French yield spreads, especially in 5-10-years sectors, close to […]
Brazil Is Key to Slowing Global Warming. But Its Carbon Market Has Struggled.
A new attempt to create a regulated cap-and-trade system that is seen as key for corporate competitiveness and economic resilience faces political headwinds.
Inditex Earnings Rise, Sees Steady Growth
Inditex reported first-quarter underlying earnings of €2.2 billion, and said it expected a stable gross margin for 2023, plus or minus 50 […]
Commonwealth Bank of Australia Restricts Staff From Using ChatGPT
EXCLUSIVE: Australia’s largest lender, Commonwealth Bank of Australia, has restricted its employees from using popular artificial-intelligence chatbot ChatGPT, instead setting up and […]
Yuan Looks Resilient to Weak Chinese Trade Data on Stimulus Hopes
Yuan looked resilient to weak Chinese trade data released earlier, given stimulus hopes, said Mizuho Bank.
Who Is Brian Armstrong? Coinbase CEO Is Taking On the SEC
The biggest U.S. cryptocurrency exchange’s long-running clash with regulators is coming to a head.
The Global Brands Coming to a Mall Near You
American consumers have long been renowned for their spending power. Now global retailers want a bigger slice of the action.