Finnish Bankruptcies Hit 26-Year High With Builders the Most Hurt
The number of companies filing for bankruptcy in Finland rose to the highest in 26 years last month
2023-08-21 18:21
BRICS Expansion Gets Interesting If Saudis Join, Jim O’Neill Says
Adding countries to the BRICS bloc will matter economically if Saudi Arabia is one of them but otherwise
2023-08-21 18:16
Lira Lifesaver Became $124 Billion Gamble That Haunts Turkey
As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised
2023-08-21 17:57
Credit Suisse Shuts Japan Equity Trading for Hedge Funds
Credit Suisse is shutting its cash equity sales business in Japan, and has told hedge funds and other
2023-08-21 17:25
Fitch Makes Case for Why Netanyahu Won’t Doom Israel Economy
When Fitch Ratings issued an optimistic report on Israel last week, it defied growing conventional wisdom that the
2023-08-21 16:15
European shares rise on energy, healthcare boost
European shares advanced on Monday after energy stocks tracked global crude prices higher and as a strong performance
2023-08-21 15:53
Ukraine-Russia war – live: Kyiv to receive dozens of F-16 fighter jets as Moscow drone attack disrupts flights
The Netherlands and Denmark will supply dozens of F-16s to Ukraine as they pledged “unwavering support” in a landmark announcement yesterday. While Volodymyr Zelensky said his country would receive 42 jets in total, the two donor countries did not specify numbers in a joint statement confirming the deliveries. Denmark’s prime minister Mette Frederiksen said 19 jets will “hopefully” be sent to Kyiv, of which six will arrive around the new year, eight more next year and the remaining five will be sent in 2025 as he asked Ukraine to “please take this donation as a token of Denmark’s unwavering support for your country’s fight for freedom”. Dutch prime minister Mark Rutte said the Netherlands has 42 of the jets, but said some will be needed for training purposes. Ukraine has been asking its allies for advanced fighter jets since the very beginning of Russia’s invasion, but its Western allies have been reluctant to provide military donations that could be used to strike deep inside Moscow’s territory. It comes as nearly 50 flights to and from Moscow were disrupted after Russia said it foiled attacks by two Ukrainian drones in the city. Read More ‘Wagner is victim of its own brand name’: How much of a threat does mercenary group pose in Belarus? Zelenskyy visits NATO candidate Sweden for 1st time since full-scale war with Russia Ukraine war troop deaths and wounded nearing 500,000, say US officials
2023-08-21 15:52
Finnair Losing CEO to Elisa Adds to Challenges for Flag Carrier
Finnair Oyj is starting the search for a new leader after Chief Executive Officer Topi Manner announced his
2023-08-21 15:21
European Gas Prices Soar on Australia LNG Workers’ Ultimatum
European natural gas prices jumped as workers serving a key export project in Australia prepare for a strike
2023-08-21 14:16
Warehouse Costs Rise 10% With London Most Expensive Globally
London is the most expensive city in the world for warehouse space as rent increases continue to outpace
2023-08-21 13:18
SBB CFO Quits in New Blow to Troubled Swedish Property Owner
SBB, the landlord at the center of Sweden’s property crisis, suffered yet another setback after its chief financial
2023-08-21 13:15
The Emerging Market Bloc That Wants to Shake Up the World Order
The world’s leading emerging market powers have complained for years about being sidelined by wealthy nations. Now they
2023-08-21 12:27