Deutsche, HSBC See Turkish Lira Diving to New Lows on Inflation
Turkey’s rebounding inflation is prompting bank economists to issue more pessimistic forecasts for the lira, already one of
2023-08-04 21:25
Lionel Messi’s Inter Miami Gets $75 Million Ares Investment
Ares Management is investing an extra $75 million in Inter Miami CF, the Major League Soccer club that’s
2023-08-04 20:19
Sweden’s SBB Weighs IPO of $3.4 Billion Residential Unit
SBB, the embattled developer at the center of Sweden’s property crisis, is considering carving out its entire residential
2023-08-04 19:22
Italy Football Clubs Post €1.4 Billion Loss Despite Buyer Spree
Italian football clubs recorded the worst cumulative loss in fifteen years — even after international investors injected millions
2023-08-04 19:19
Debt-Burdened World Leaders Love to Hate Ratings Companies
No amount of power and prosperity can stop the irritation of getting judged for your borrowing habits, as
2023-08-04 19:16
Petrobras Slashes Contentious Dividends and Buys Back Shares
Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more
2023-08-04 18:54
UK Rate Hikes Hurting Business and May Be Near Peak, IOD Says
The Bank of England’s longest series of interest rate increases in three decades is starting to hurt businesses,
2023-08-04 17:27
State Bank of India Shares Fall As More Loans Turn Sour
State Bank of India saw a metric tracking loans that turn bad rise, prompting shares of the nation’s
2023-08-04 17:22
Slowing US Wage Growth to Set Stage for End of Fed Tightening
A monthly US jobs report due Friday is set to show wage growth continued to moderate in July,
2023-08-04 17:19
European Stocks Set for Worst Weekly Loss In a Month; WPP Falls
European stocks steadied after this week’s losses on signs of economic recovery in Germany while investors await the
2023-08-04 16:58
Commerzbank’s Lack of Buyback Detail Takes Shine Off Outlook
Commerzbank AG provided few details on a new share buyback plan, disappointing investors even as it raised the
2023-08-04 15:56
Credit Agricole’s Regional Owners to Tighten Grip on Bank
Credit Agricole SA’s regional-bank holders are planning to purchase as much as €1 billion ($1.1 billion) of the
2023-08-04 15:53