ECB Warns Banks’ Commercial Real Estate Hits Could Worsen Stress
European banks’ exposure to commercial real estate could erode financial stability if the economy is hit by a
2023-11-21 17:18
Italy Sells 25% Stake in Monte Paschi for About €920 Million
Italy sold about 25% of Banca Monte dei Paschi di Siena SpA for approximately €920 million ($1 billion)
2023-11-21 16:48
Can Oil Ever Be Green? Norway Turns to Wind-Powered Drilling
On a platform 140 kilometers (87 miles) off the coast of Norway, Crown Prince Haakon held two power
2023-11-21 16:23
Hunt Given £17 Billion UK Borrowing Boost Before Statement
UK government borrowing is running 15% below official forecasts, setting the stage for Chancellor Jeremy Hunt to announce
2023-11-21 15:46
Oil Pares Two-Day Advance as Traders Second-Guess OPEC+ Meeting
Oil pared a two-day advance that was driven by speculation OPEC+ may choose to deepen supply cuts at
2023-11-21 15:28
UAE’s Biggest Oil Producer, Santos to Work on Carbon Capture
The United Arab Emirates’ main oil producer and Australia’s Santos Ltd. agreed to work together on carbon management
2023-11-21 15:20
Europe’s Car Sales Climbed in October on Order Backlogs
Passenger-car deliveries in Europe increased for a 15th month in October even as inflation and higher borrowing costs
2023-11-21 15:19
China Guides Banks to Cap Early 2024 Loans, Shift Some Forward
China’s central bank has encouraged lenders to cap the amount of new loans they issue in early 2024
2023-11-21 14:55
German Budget Crisis Deepens With Freeze on This Year’s Finances
Germany’s budget crisis deepened when the Finance Ministry imposed an emergency spending freeze in response to last week’s
2023-11-21 14:49
Brazil records its hottest ever temperature
The town of Araçuaí in the country's southeast hit a high of 44.8C (112.6F) on Sunday.
2023-11-21 14:27
South Africa’s Telkom in Exclusive Talks to Sell Towers to PE Firm
Telkom SA SOC Ltd. is in advanced talks to sell its tower assets to a private equity firm.
2023-11-21 14:18
Vale tries to re-establish its link with France
Renewing the twinning of Vale with a town in France would benefit Guernsey, project leaders say.
2023-11-21 14:18