Finnair Losing CEO to Elisa Adds to Challenges for Flag Carrier
Finnair Oyj is starting the search for a new leader after Chief Executive Officer Topi Manner announced his
2023-08-21 15:21
Rupee Outperforms EM Asia Peers Even as It Nears Record Low
The Indian rupee is within a whisker of a record low, but it’s still a favored emerging-market currency
2023-08-21 13:55
China Deepens Espionage Crackdown Targeting Spies for the CIA
China is intensifying a crackdown on alleged spies for the US, saying it found another case of an
2023-08-21 13:28
Warehouse Costs Rise 10% With London Most Expensive Globally
London is the most expensive city in the world for warehouse space as rent increases continue to outpace
2023-08-21 13:18
SBB CFO Quits in New Blow to Troubled Swedish Property Owner
SBB, the landlord at the center of Sweden’s property crisis, suffered yet another setback after its chief financial
2023-08-21 13:15
Debt Crisis Risks Are Rising in Korea on Credit Union Woes
Less than a year after a debt crisis shook South Korea, concern is growing that souring lending at
2023-08-21 12:59
Citi Weighs Institutional Clients Group Split as Ybarra Exits, FT Reports
Citigroup Inc. Chief Executive Officer Jane Fraser is weighing a plan to break up the company’s biggest unit
2023-08-21 12:55
BOJ’s Record-Bond Buying Is Driving Need for YCC Tweaks
The Bank of Japan is purchasing government bonds at a record pace this year, a factor that likely
2023-08-21 12:52
Laura Carleton shooting – latest: California store owner and ‘true LGBTQ ally’ killed in row over Pride flag
Tributes are pouring in for a "beloved" California business owner who was shot dead by a man who complained about a Pride flag hanging at her store. The unnamed individual killed Laura Ann Carleton, 66, at her business Mag Pi clothing store after making “several disparaging remarks about a rainbow flag that stood outside the store," the San Bernardino Sheriff’s Office said. Deputies responded to the incident around 5pm on Friday following reports of shots being fired. The mother of nine children was pronounced dead at the scene, the sheriff’s office said in a statement. The shooter fled the scene on foot but was later located by authorities near Torrey Road and Rause Rancho Road. The suspect, who has not been identified, was killed during “a lethal force encounter” with police. Hollywood director Paul Feig, whose works include Bridesmaids and The Heat, posted a tribute saying that Carleton, who he called his “wonderful friend,” had been killed by a young man. The Lake Arrowhead LGBTQ+ described her as a "remarkable figure", whose "unwavering support" for the community and "dedication to creating a safe and inclusive space within her shop touched the lives of many".
2023-08-21 12:22
Chinese Stock Rout Sparks Buying Pledges by Mutual Funds
Some of China’s largest mutual fund houses have promised to buy their own equity-focused products, heeding calls from
2023-08-21 11:53
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:16
Jakarta Sends Civil Servants to Work From Home to Clear Smog
Jakarta’s civil servants will work from home for two months as the government seeks to clear air pollution
2023-08-21 10:59