Casino Says It Needs Equity Boost of at Least €900 Million
Casino Guichard-Perrachon SA said it will need an equity boost of €900 million ($981 million) or more and
2023-06-26 17:55
Pound Traders Upped Bullish Bets Ahead of BOE’s Surprise Hike
Speculative traders boosted bullish wagers on the pound to the strongest in more than five years in the
2023-06-26 15:54
Russia-Ukraine war live: Putin’s defence minister visits troops in first appearance since Wagner mutiny
Vladimir Putin has tried to reassert his power with a staged visit by Russia’s defence minister visiting troops in his first public appearance since Wagner’s attempted coup threatened his regime. In a mutiny during which he seized control of Russia‘s military headquarters in Rostov-on-Don, Wagner mercenary boss Yevgeny Prigozhin had demanded that Sergei Shoigu and Valery Gerasimov, the Chief of the General Staff, be handed over to him so that he could “restore justice.” But in a clip, he was seen flying in a plane with a colleague and hearing reports at a command post run by Russia‘s Zapad (West) military grouping. Prigozhin accused both men of gross incompetence and corruption and had long been agitating for their removal. The coup was called off at the 11th hour after a deal was brokered by Belarusian leader Alexander Lukashenko. Wagner’s forces were about four hours away from Moscow when news of the dramatic turnaround came. The deal included immunity for the mutineers in exchange for their return to camps, but it remains unclear whether Putin also agreed to reshuffle the top military leadership. Read More Mutiny, mayhem and panic on the streets of Moscow: Russia saved from brink of civil war at 11th hour Russian mercenary leader's exile ends revolt but leaves questions about Putin's power ‘Let’s go home’: Wagner paramilitary troops prepare to turn around from Moscow advance Putin’s failure should be a warning to ‘strongmen’ leaders around the world
2023-06-26 15:53
Morgan Stanley’s Wilson Says Stock Risks Have Rarely Been Higher
One of Wall Street’s most bearish strategists said US equities are facing a wall of worry, which could
2023-06-26 15:46
Pakistan Moves Closer to Vital IMF Deal With Last-Ditch Steps
Pakistan’s race to restart a stalled International Monetary Fund loan program took a positive turn as the country
2023-06-26 15:15
SBB Enters Exclusive Talks to Sell Stake in Property Portfolio
Sweden’s Samhallsbyggnadsbolaget i Norden AB has entered into exclusive discussions with Brookfield Asset Management to sell its remaining
2023-06-26 14:57
Two More China Builders Say They Can’t Meet Debt Obligations
Two more Chinese developers have failed to meet dollar-bond payments, occurring amid renewed home-sales softness and a lack
2023-06-26 14:54
Commonwealth Bank of Australia Restores Services After Hitch
Commonwealth Bank of Australia said it has identified the reason behind a service outage that affected some customers
2023-06-26 14:48
Singapore’s Skyscrapers Defy Global Commercial Downturn
Singapore’s gleaming office towers are defying a global slowdown in commercial real estate, in a sign of the
2023-06-26 14:25
China’s June Car Sales Expected to Fall as Consumption Slows
China’s June passenger car sales are expected to drop 5.9% in June from the same month last year,
2023-06-26 14:18
Barack Obama: Row in India over former US president's remarks on Muslim rights
Mr Obama said last week that India may "start pulling apart" if minority rights weren't protected.
2023-06-26 14:15
In High-Yield Battle, India May Beat Indonesia as Top Asia Trade
In the battle between Asia’s two highest-yielding major markets, Indian assets look more promising than those of Indonesia.
2023-06-26 13:55