BP Returns More Cash to Shareholders Despite Profit Miss
BP Plc raised its dividend by 10% and said it would buy back another $1.5 billion of shares,
2023-08-01 15:23
Central Banks’ Gold Demand Falls Again on Turkey’s Massive Sales
Central banks’ gold demand fell for a third straight quarter as massive sales by Turkey outshone buying elsewhere.
2023-08-01 14:23
HSBC Announces Fresh Buyback as Higher Rates Propel Profits
HSBC Holdings Plc announced a new buyback program as higher interest rates stoke the bank’s profits. The London-based
2023-08-01 12:26
MUFG Says Credit Suisse Debt Sales Handled ‘Mostly Properly’
Mitsubishi UFJ Financial Group Inc.’s brokerage venture said it handled sales of Credit Suisse’s riskiest debt properly for
2023-08-01 09:53
Prices in UK Shops Drop for the First Time in Two Years
Prices in UK stores fell for the first time in two years, in another sign that the cost-of-living
2023-08-01 07:15
Biggest UK Banks Under Fire for Not Passing On Rate Rises
Banks including HSBC Holdings Plc, Barclays Plc and NatWest Group Plc have only passed through about a quarter
2023-08-01 00:27
UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients
UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the
2023-07-31 19:26
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
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