Riksbank Extends Tightening as Krona Weakness Fuels Prices
Sweden’s Riksbank raised borrowing costs and pledged accelerated bond sales, a response to stubborn inflation and a weak
2023-06-29 18:55
H&M Shares Gain on Progress Clearing Out Excess Inventory
Hennes & Mauritz AB shares surged after the Swedish fast-fashion retailer made progress reducing a longstanding inventory buildup,
2023-06-29 18:49
Chinese Are Becoming More Pessimistic About Incomes and Housing
More Chinese are seeing their incomes dropping now and expect housing prices to fall in the coming three
2023-06-29 18:27
UK Presses Investment Platforms Over Odey Fund Retail Access
The UK’s Financial Conduct Authority is quizzing investment platforms, including Hargreaves Lansdown Plc, over their decision to allow
2023-06-29 17:27
Dealmakers Adrift as $1 Trillion Vanishes in First-Half
The world’s dealmakers are roughly $1 trillion down in one of the worst years for takeovers and stock
2023-06-29 16:46
Casino’s Stock Tumbles as Grocer Warns of Shareholder Wipeout
Casino Guichard Perrachon SA‘s stock fell to a record low after it warned its shareholders will be “massively
2023-06-29 16:26
Wind Turbines That Shake and Break Cost Their Maker Billions
Wind turbines make money when they spin. But when they shake, it can cost billions. Siemens Energy AG
2023-06-29 16:25
Ipsen Gets FDA Advisers’ Backing for Rare Bone Disease Drug
Ipsen SA’s drug for a rare bone disease got support from a panel of US drug regulatory advisers,
2023-06-29 15:25
B&M Joins Retailers in Price Cut Push: The London Rush
The UK government’s push to discourage companies from profiting from inflation seems to be resonating, at least among
2023-06-29 15:21
Powell Says Two or More Hikes Likely Needed to Cool Inflation
Federal Reserve Chair Jerome Powell said at least two interest-rate increases are likely necessary this year to bring
2023-06-29 14:55
Big China Stimulus Isn’t Coming, Former IMF Official Says
China will likely disappoint those hoping the government will roll out massive stimulus to shore up the weakening
2023-06-29 14:52
UK Bond Trading Is Surging as Wealthy Brits Grab Tax-Free Gilts
Wealthy UK investors are buying up gilts at a frenetic pace to take advantage of tax perks and
2023-06-29 14:30