Powell Says Two or More Hikes Likely Needed to Cool Inflation
Federal Reserve Chair Jerome Powell said at least two interest-rate increases are likely necessary this year to bring
2023-06-29 14:55
Renault Raises Outlook on New Vehicles, Drive to Cut Costs
Renault SA upgraded its full-year earnings guidance, thanks to strong sales momentum from some new models like the
2023-06-29 13:49
China’s Arsenal of FX Support Is Ready as Yuan Pessimism Lingers
China may need to dig deeper into its policy kit to arrest a slide in the yuan, if
2023-06-29 10:49
China Resumes Yuan Support With Stronger-Than-Expected Fixing
China stepped in to support the yuan for a third time this week, once again signaling a limit
2023-06-29 10:25
Oil Steadies After Big Drop in US Stockpiles Boosts Optimism
Oil steadied in Asia after a big decline in US crude stockpiles provided some optimism for a market
2023-06-29 07:52
Switzerland Rejects Sale of Leopard 1 Tanks Bound for Ukraine
Switzerland blocked arms maker Ruag AG from selling almost 100 tanks in a deal that would have seen
2023-06-28 19:51
Putin Steps Up Effort to Undercut Wagner Leader After Revolt
President Vladimir Putin sought to cast the Wagner leader who rose against him as corrupt, even as he
2023-06-28 16:55
UBS Preparing to Cut Over Half of Credit Suisse Workforce
UBS Group AG is planning to cut more than half of Credit Suisse Group AG’s 45,000-strong workforce starting
2023-06-28 12:51
China’s Xi Reassures Foreign Investors Amid Worries About Policy
Chinese leader Xi Jinping pledged that his nation would do right by foreign investors, underscoring his government’s attempts
2023-06-28 09:55
UK’s Cost-of-Living Crisis Spurs Rise in Abusive Shoppers, Theft
The cost-of-living crisis in the UK has led to an increase in abusive customers and in theft by
2023-06-28 07:22
BOE’s Dhingra Sees Promising Signs Inflation Will Fall
Bank of England rate-setter Swati Dhingra expects the pressure on UK households from sticky inflation to ease after
2023-06-27 17:48
Inflation in Shops Declines as UK Battles Cost-of-Living Crisis
Inflation in UK shops dipped this month, offering a glimmer of hope to ministers and central bankers struggling
2023-06-27 16:30