Target’s Struggles Are Only Getting Worse
Target Corp.’s results have been deteriorating since last year, and the retailer is likely to add to investors’
1970-01-01 08:00
Thai Election Winner Rules Out Support for Property Tycoon’s Premier Bid
Move Forward Party, the surprise winner in Thailand’s May election, ruled out support to a coalition-led by Pheu
1970-01-01 08:00
Can Sweden’s Visionary Wood City Outrun Its Real Estate Crisis?
This article is part of the Bloomberg Green series Timber Town, which looks at the global rise of
1970-01-01 08:00
Federer-Backed Shoemaker On Says Strong Franc Weighs on Sales Growth
Swiss shoemaker On Holding AG said the strength of the franc will dampen its ability to fully capitalize
1970-01-01 08:00
The Fed’s Interest-Rate Debate Is Shifting
As Federal Reserve officials close in on the end of their tightening campaign, the debate is shifting from
1970-01-01 08:00
L&G’s Wilson Says UK Must Speed Up Reforms to Lure Investors
The UK needs to accelerate reforms to help attract more investments, according to Legal & General Group Plc
1970-01-01 08:00
Danish GDP Grew For Third Quarter As Pharma Boosts Economy
Denmark’s economy expanded for the third consecutive quarter as Novo Nordisk A/S and other Danish drugmakers enjoy massive
1970-01-01 08:00
Finland's former Prime Minister Alexander Stubb will run for president in 2024
Finland’s former Prime Minister Alexander Stubb said Tuesday he will run as a candidate in the presidential election early next year, in a race that also includes a popular former Finnish foreign minister who was a key negotiator of the Nordic country’s recent membership in NATO. Stubb, 55, who headed the Finnish government in 2014-2015 and later served as foreign minister, said he was “both honored and thankful for the trust bestowed upon me.” Prime Minister Petteri Opo and Finland’s conservative National Coalition Party had asked him to run. The Finnish head of state is elected by a popular vote every six years. Finland’s president has substantial powers, particularly in matters related to foreign and security policy, which the president decides together with the government. The president also signs bills into law, can veto legislative proposals and acts as Finland’s supreme military commander. The two-leg Finnish presidential elections will be held in January and February 2024. Stubb's candidacy is important for Finland's center-right parties, Finnish broadcaster YLE said, noting that Stubb has a “phenomenal ability to collect votes” and that there is widespread respect for his language skills, international contacts and ability to make quick decisions. Stubb, who is known for being very active on X, the platform formerly known as Twitter, will face the popular former Finnish Foreign Minister Pekka Haavisto among others. Haavisto, the former leader of the Greens party, will run as an independent candidate. He stepped down as foreign minister following April’s general election, which the center-side won, ousting a center-left government. Haavisto is one of Finland’s most popular politicians and topped recent presidential polls by several media outlets. He was the runner-up in the 2012 and 2018 presidential elections but was beaten on both occasions by current President Sauli Niinistö, whose second six-year term ends in March 2024. He is not eligible for reelection. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
1970-01-01 08:00
Ares Weighs Loosening Crystal Palace Ties to Focus on Chelsea
Ares Management Corp. is considering loosening ties with Crystal Palace FC as it explores an investment in rival
1970-01-01 08:00
Penfolds Maker Says Cheaper Wine Could See Quick China Return
Treasury Wine Estates Ltd. says cheaper bottles of its flagship Penfolds brand could quickly return to the Chinese
1970-01-01 08:00
European Stocks Decline as China Concerns Build; UK Stocks Lag
European equities slipped amid light trading, as China’s central bank decision to unexpectedly cut a key interest rate
1970-01-01 08:00
Ukraine Recap: Russia Hikes Rate as Ruble Casts Pall on Economy
Russia hiked its key interest rate at an emergency meeting following a plunge in the ruble, which triggered
1970-01-01 08:00
