Italy’s Economy Unexpectedly Shrinks as Domestic Demand Weakens
Italy’s economy unexpectedly contracted in the second quarter, showing how rising interest rates and weakness in foreign markets
2023-07-31 16:24
UK Pledges Hundreds of New North Sea Oil and Gas Licenses in Energy Push
Prime Minister Rishi Sunak committed to granting hundreds of new licenses for oil and gas production in the
2023-07-31 15:57
Saudi Arabia’s Economy Slows as Oil Prices and Production Drop
Saudi Arabia’s economy slowed in the second quarter as oil-production cuts and a drop in prices pushed the
2023-07-31 14:50
BT Names Allison Kirkby CEO, Replacing Philip Jansen in January
BT Group Plc named Telia boss Allison Kirkby Chief Executive Officer, taking over from Philip Jansen. Kirkby will
2023-07-31 14:15
Eskom Latest: Unplanned Outages Drop by 2,000 MW
Unplanned outages at state power utility Eskom Holdings Ltd.’s generating fleet fell to less than 16,000 megawatts in
2023-07-31 13:57
Cheap Beer Choices Hold Earnings Risk for Europe’s Brewers
It’s been a sobering earnings season for Europe’s corporations so far. While a higher portion has exceeded consensus
2023-07-31 13:52
Pimco Warms Toward China Bonds on Weak Economy, Monetary Easing
Bearishness among foreign investors toward China’s bonds is easing after last year’s rout, with Pacific Investment Management Co.
2023-07-31 13:50
Goldman, Morgan Stanley See BOJ Tweak Boosting Japan Stocks
Strategists at Morgan Stanley and Goldman Sachs Group Inc. see the Bank of Japan’s tweak of yield-curve control
2023-07-31 13:48
Heineken Lowers Earnings Forecast as Beer Consumption Drops
Heineken NV lowered its earnings guidance as consumers bought less beer after the brewer imposed major price increases,
2023-07-31 13:24
Gas-Rich Turkmenistan Is Running Out of Time to Feed Europe’s Fuel Appetite
Turkmenistan, which sits atop the world’s fourth-largest natural gas reserves, is running out of time in its efforts
2023-07-31 13:20
A Record $90 Billion in Ship Orders Loom Over Boom-Bust Industry
The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented
2023-07-31 13:18
Why China’s Miracle Growth Story May Be Coming to an End
China is showing signs of a significant economic slowdown after decades of supercharged growth. A much anticipated post-pandemic
2023-07-31 12:59