Payrolls Data Showing Solid Wage Growth Keeps Fed on Track to Hike Rates
A solid employment report with stronger-than-expected wage growth for June keeps the Federal Reserve on track to raise
2023-07-07 22:48
China Weighs More Local Bond Sales to Help Pay Risky Hidden Debt
Chinese authorities are weighing plans to support cash-strapped cities and counties by allowing additional local bond issuance to
2023-07-07 19:49
UBS Revamps Leadership in Mideast Wealth Unit, Latin America
UBS Group AG revamped the leadership of its Middle East wealth unit and named new management for its
2023-07-07 17:20
String of Global Heat Records Raises Alarm on Climate Change
Global temperatures have hit records for three days this week, raising concerns over the impact of extreme heat
2023-07-07 16:45
Omega Raises Luxury Watch Prices as Other Swatch Brands Struggle
Omega, the Swiss watch brand known for its Speedmaster and Seamaster models, raised prices by as much as
2023-07-07 16:25
Birkenstock Owner Considers IPO at $6 Billion-Plus Value
L Catterton, the private equity firm backed by luxury French fashion house LVMH, is considering strategic options for
2023-07-07 15:25
UK House Prices Fall Most in Over a Decade, Halifax Says
UK house prices are falling at their fastest annual pace since 2011, Halifax said, as the property market
2023-07-07 15:23
Germany and Spain Brace for Scorching Heat Over Coming Days
The sweltering heat forecast for Germany this weekend is set to intensify, while temperatures in the Spanish capital
2023-07-07 15:22
German Production Drops as Factory Weakness Weighs on Growth
German industrial production unexpectedly fell in May, casting a shadow over the recovery in Europe’s largest economy from
2023-07-07 14:28
Siemens Energy Sets Up Twin Taskforces to Investigate Wind Unit
Siemens Energy AG is establishing an internal taskforce as well as supervisory board committee after a string of
2023-07-07 14:26
Lagarde Says ECB Won’t Stand Idly By If Margins and Wages Rise
The European Central Bank won’t hesitate to act if officials see a simultaneous uptick in both company margins
2023-07-07 14:24
Sunak Seeks to Cut Number of Britons ‘Unfit to Work’
Prime Minister Rishi Sunak is looking to reduce the ranks of Britons declared too sick to work and
2023-07-07 13:55