
UPS Cuts Forecast With Costs Set to Rise After Union Deal
United Parcel Service Inc. lowered its full-year profit forecast as the courier contends with shifting consumer habits and
2023-08-08 19:26

Obesity Drug Wegovy Cuts Risk of Heart Attacks and Strokes by 20%, Study Shows
Novo Nordisk A/S shares surged to a record after the Danish company’s blockbuster obesity medicine Wegovy reduced the
2023-08-08 18:49

Li Ka-Shing’s Discounted Apartments Draw Interest Amid Glut
Homebuyers flocked to CK Asset Holdings Ltd.’s latest project in Hong Kong after it slashed prices to a
2023-08-08 17:25

European Gas Prices Ease as Winter Fuel Stockpiles Keep Rising
European natural gas prices eased, with traders weighing ever-rising fuel stockpiles against the risk of supply constraints. Benchmark
2023-08-08 16:59

China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:23

Country Garden Shares, Bonds Sink as Holders Yet to Get Coupons
Chinese developer Country Garden Holding Co.’s stock and bonds plunged as noteholders said they haven’t received coupon payments
2023-08-08 16:16

Italy’s Windfall Profits Tax on Banks Spooks Markets
Italy’s right-wing government spooked markets with an unexpected tax on banks’ windfall profits, sending the country’s leading lenders
2023-08-08 15:49

Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:49

Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
2023-08-08 15:46

Italian Stocks Lead Losses in Europe After Windfall Tax on Banks
European stocks fell after Italy surprised investors with a new tax on bank profits, sending lenders’ shares plunging.
2023-08-08 15:24

Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:58

SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:56