Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
European lenders are set to focus more on cost savings in 2024, as benefits from rising interest rates
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Poland May Want US Firms to Buy Equity Stake in Nuclear Project, Tusk’s Aide Says
Poland’s incoming administration wants foreign companies in the country’s nascent nuclear energy program to buy an equity stake
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Hong Kong’s Regulator Buys 12 Floors From Swire Properties
Hong Kong’s market regulator bought 12 floors in its current office building from Swire Properties Ltd. for HK$5.4
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Tesla Business Grinds to a Halt Where Unions Still Hold Sway
For the past week, not a single Tesla has passed through Sweden’s four biggest ports. Starting Friday, broken
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Jack Ma Loses $683 Million on Alibaba Days Before Big Stake Sale
Jack Ma is preparing one of his biggest Alibaba Group Holding Ltd. stake reductions in recent years, and
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Goldman Sachs’s Long-Standing Japan Chief Mochida Steps Down
Goldman Sachs Group Inc.’s Japan president is stepping down after 38 years at the US investment bank, a
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UK Conservatives Failing to Build New Hospitals, Report Says
The UK looks set to fail on a pledge to build 32 new hospitals in England by 2030,
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Germany Will Lend South Africa €500 Million for Energy Switch
Germany, through its KfW development bank, will as soon as Friday sign an agreement to lend South Africa
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ECB’s Villeroy Says Slowing Inflation Justifies Halting Hikes
The European Central Bank’s decision to halt interest rate increases at its October meeting is fully justified by
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South Africa Completes Key Step to Receive Climate Funds
The office of South African President Cyril Ramaphosa has completed an implementation plan that will allow funds to
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UK Retail Sales Post Surprise Fall as Britons Feel the Pinch
UK retail sales fell unexpectedly in October, adding to the impression that a string of interest-rate hikes designed
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Echoes of Bitcoin’s 2021 Record Run Emerge in the Derivatives Market
A burst of activity in Bitcoin derivatives has evoked memories of the period in late 2021 when the
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