
$793 Billion Fund Is Betting on Rerun of US Debt Drama
As US politicians hold talks to avoid a historic debt default, PGIM Fixed Income has spotted an opportunity
1970-01-01 08:00

TikTok CEO Says Oracle Has Begun Reviewing Its Source Code
ByteDance Ltd.’s TikTok is “on track” with its undertaking to have all US user data hosted and overseen
1970-01-01 08:00

Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
1970-01-01 08:00

IMF Says UK Economy Will Grow Faster Than Germany This Year
The UK economy will grow faster than Germany this year and avoid a recession, the International Monetary Fund
1970-01-01 08:00

Ukraine Can’t Win War Against Russia, Hungarian Premier Says
Ukraine can’t win the war against Russia, Prime Minister Viktor Orban said. With NATO not ready to send
1970-01-01 08:00

Fed Rate Path Hinges on Trade-Off Between Stable Banks or Prices
Federal Reserve policymakers are increasingly grappling with a critical question: How much should they weigh the adverse impact
1970-01-01 08:00

UK Service Firms Report Fastest Rise in Costs in Three Months
Britain’s service-sector companies reported the fastest increase in cost pressures in three months, the latest sign that the
1970-01-01 08:00

UK’s Hunt to Meet With Food Manufacturers to Discuss High Prices
Chancellor of the Exchequer Jeremy Hunt will meet with food manufacturers to raise concerns about high food prices
1970-01-01 08:00

Saudi Energy Minister Tells Oil Speculators to ‘Watch Out’
Saudi Arabia’s top energy official issued another warning to oil short-sellers, just over a week before the OPEC+
1970-01-01 08:00

Euro-Zone Factories Flounder With Activity Shrinking at Fastest Pace Since Pandemic
Euro-zone manufacturing activity shrank this month at the fastest pace since the pandemic shuttered factories three years ago,
1970-01-01 08:00

Russia Says Forces Still Clearing Out Incursion From Ukraine
Russia said its security forces are continuing what it described as an “anti-terrorist” operation for a second day
1970-01-01 08:00

German Economy Keeps Growing Despite Deepening Factory Downturn
Germany’s economic activity accelerated in May thanks to better performance in the services sector that outweighed ongoing weakness
1970-01-01 08:00