Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
1970-01-01 08:00
Wanda in Talks to Refinance $275 Million Private Debt Facility
Chinese conglomerate Dalian Wanda Group Co. is in discussions with lenders to refinance a $275 million private debt
1970-01-01 08:00
Sunak Finds UK Inflation May Follow Him Into Election Year
If Prime Minister Rishi Sunak thought inflation would drop away quickly this year, delivering an easy victory in
1970-01-01 08:00
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
1970-01-01 08:00
European Gas Slumps Again as Industries Struggle to Boost Demand
European natural gas prices fell further from the lowest close in almost two years as a weak regional
1970-01-01 08:00
Nvidia Soars After Flagging AI Demand, Eyes $1 Trillion Value
Nvidia Corp. shares soared 24% after the semiconductor maker’s sales forecast smashed expectations, putting it within touching distance
1970-01-01 08:00
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
1970-01-01 08:00
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
1970-01-01 08:00
Crypto Mogul Do Kwon’s Bail Is Revoked in Montenegro
A Montenegrin court revoked a bail application from former crypto mogul and Terraform Labs co-founder Do Kwon, keeping
1970-01-01 08:00
China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
1970-01-01 08:00
Bank Indonesia Holds Rate Steady Even as Risks to Rupiah Mount
Indonesia’s central bank held its benchmark interest rate for a fourth straight meeting, even as a deadlock in
1970-01-01 08:00
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
1970-01-01 08:00