Telus Seeks to Slash 6% of Its Workforce as Profit Slides
Telus Corp. said it’s seeking to eliminate 6,000 jobs, or 6% of its workforce, after posting second-quarter profit
2023-08-04 21:50
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
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
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
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 15:46
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:16
Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through
2023-08-04 14:16
Oil Coasts to Sixth Weekly Gain After Saudis, Russia Extend Cuts
Oil headed for a sixth straight weekly gain, the longest winning streak in more than a year, after
2023-08-04 13:47