Novartis Raises Outlook, Plans Buyback of Up to $15 Billion
Novartis AG raised its profit outlook and announced plans to buy back as much as $15 billion in
2023-07-18 13:50
Factbox-Corporate debt woes are on the rise
LONDON From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation
2023-07-18 13:28
Long-feared corporate debt woes start to hit home
By Chiara Elisei and Dhara Ranasinghe LONDON The spectre of rising corporate debt defaults exacerbating a global economic
2023-07-18 13:24
Swedbank Second-Quarter Profit Tops Estimates on Rates Tailwind
Swedbank AB delivered better-than-expected income from lending activities in the second quarter, joining peer Nordea Bank Abp in
2023-07-18 13:18
China Says It Can Get Through Summer Without Major Blackouts
China has sufficient electricity capacity to meet demand over the summer months even as temperatures soar, according to
2023-07-18 13:16
UK Inflation Data Set to Fuel Pressure for More BOE Rate Hikes
British households and businesses are bracing for UK inflation figures on Wednesday that are expected to keep the
2023-07-18 13:16
China Foreign Minister’s Mystery Absence Fuels Black Box Concern
The mystery three-week absence of China’s Foreign Minister Qin Gang, considered a rising star of Chinese politics, is
2023-07-18 12:47
Fund Beating Nearly All Peers Dumps Korean EV Stocks, Buys Chips
A South Korean fund whose bets on stocks tied to electric vehicles helped it outperform most of its
2023-07-18 11:58
Dollar General Committed ‘Numerous and Blatant’ Violations of Worker Rights, Judge Rules
Dollar General Corp. committed “numerous and blatant” violations of federal labor law in its effort to defeat a
2023-07-18 11:28
Australia Saw Case to Hold Rate at 4.1% as ‘Stronger One’
Australia’s central bank said the case to leave interest rates unchanged this month was the “stronger one” following
2023-07-18 10:52
Evergrande Pushes Restructuring After Posting $81 Billion Loss
China Evergrande Group is seeking to complete one of the country’s biggest debt restructurings after posting a combined
2023-07-18 10:50
Marcos Signs Philippines’ Wealth Fund Bill Into Law
Philippine President Ferdinand Marcos Jr. on Tuesday signed into law a bill creating a sovereign wealth fund, marking
2023-07-18 10:50