Wall Street’s Dependence on London Clearing Worries EU Watchdog
Wall Street banks have made “no significant moves” away from London’s dominant clearing service since Brexit, raising concerns
2023-05-17 17:55
UK Cracks Down on Landlords in Private Rental Sector Reform
The UK government is preparing to lay out a series of extra protections for tenants in the biggest
2023-05-17 17:47
EU Spat Over Nuclear Energy Escalates as Key Vote Is Delayed
A key European Union law on scaling up renewable energy has been delayed amid last-minute wrangling over the
2023-05-17 15:51
Telkom Plunges Most Since 2009 on $679 Million Impairment
Telkom SA, the South African telecommunications company, fell 30% in Johannesburg after the company warned it was considering
2023-05-17 15:48
UBS Sees $35 Billion Gain on Credit Suisse, Warns of Legal Costs
UBS Group AG is gearing up for an estimated $34.8 billion gain as a result of its emergency
2023-05-17 15:20
Siemens Hikes Outlook Again After Revenue, Orders Surge
Siemens AG raised its outlook for a second time in fiscal 2023 after revenue and orders jumped with
2023-05-17 14:46
JPMorgan Asset Says Markets Are Right to Bet Fed Cuts Are Coming
A US recession is a virtual certainty and the Federal Reserve may lower interest rates by the third
2023-05-17 14:19
Microsoft’s Nadella Disputes Musk Claim of Controlling OpenAI
Microsoft Corp. is not in control of OpenAI, Chief Executive Officer Satya Nadella said in an interview aired
2023-05-17 12:52
China Restarts GDR Approvals With New Rules on Registration
China’s securities regulator has announced new rules on global depositary receipts, paving the way for the resumption of
2023-05-17 10:49
Oil Edges Lower as Concerns Over China’s Recovery Cloud Outlook
Oil edged lower as China’s lackluster recovery overshadowed a bullish outlook from the International Energy Agency and positive
2023-05-17 09:53
Here’s How Much Wealth You Need to Join the Richest 1% Globally
If you want to join Monaco’s richest 1%, you’ll need an eight-figure fortune. It takes $12.4 million to
2023-05-17 07:29
BlackRock Pushes Employees Back to Office Four Days a Week
BlackRock Inc. is calling employees back to offices at least four days a week, telling staff that the
2023-05-16 23:28