The Big Bet on Luxury Stocks Stumbles on Inflation, China Woes
Problems are stacking up for Europe’s hottest sector. A warning from the chairman of Cartier-owner Richemont that stubborn
1970-01-01 08:00
PIF-Backed Driller, Holders Seek up to $1.2 Billion in Saudi IPO
ADES Holding Co. and its main shareholders, which include Saudi Arabia’s sovereign wealth fund, are seeking to raise
1970-01-01 08:00
Egypt Inflation Soars as Higher Food Costs Add to Currency Angst
Egyptian inflation soared to a fresh record, with consumer costs now increasingly at the mercy of whether authorities
1970-01-01 08:00
Morocco Mourning, G-20 Anger, Fuel Crisis: Sunday Asia Briefing
Morocco is grieving as rescue workers search for survivors of an earthquake that killed more than 2,000 people.
1970-01-01 08:00
Extreme Heat Is Fast Becoming a Threat to Global Fuel Security
Searing temperatures from Texas to Tokyo over the summer are the latest reminder of a growing headache for
1970-01-01 08:00
Mexico Presidential Nominee Says She Won’t Privatize Pemex
Mexican opposition presidential candidate Xochitl Galvez said she doesn’t plan to privatize the state-owned oil company Petroleos Mexicanos,
1970-01-01 08:00
AMLO’s Flagship Projects Drive Big Boost in Mexico’s 2024 Budget
President Andres Manuel Lopez Obrador’s big projects are a driving force behind the Mexican government’s plans to boost
1970-01-01 08:00
Bond Traders Brace for Risk Inflation Will Fuel Rate-Hike Bets
Bond traders have been ratcheting up bets that the Federal Reserve isn’t done with its interest-rate hikes just
1970-01-01 08:00
Wall Street Fears a Too-Hot Economy as Recession Bets Plunge
As the odds of a recession collapse on Wall Street, markets are back to being vulnerable to any
1970-01-01 08:00
Communiques, Touchdowns and a Grand Slam: Your Saturday US Briefing
Hello. The death toll from the earthquake in Morocco near the tourist hub of Marrakech has risen to
1970-01-01 08:00
Hedge Funds Hurt by Oil’s Dip in First Half Pile Back Into Crude
After being burned by crude’s slump in the first half of 2023, hedge funds are rushing back into
1970-01-01 08:00
India Forges Global Biofuel Alliance in Push Toward Net Zero Aim
India launched a global alliance for promoting biofuels adoption at the Group of 20 leaders meeting in New
1970-01-01 08:00