
WPP Is Latest Ad Agency Hit by Tech Giant Marketing Cutbacks
After massive layoffs earlier this year, technology giants have found one more item to slash: marketing budgets. Several
1970-01-01 08:00

Billionaire Kretinsky Says He Won’t Boost Eviden Stake After French Concerns
Czech billionaire Daniel Kretinsky will not increase his stake in Atos SE’s big data and cybersecurity business, Eviden,
1970-01-01 08:00

AT1s Deliver Big Returns to Traders Braving Credit Suisse Rout
In the days after Credit Suisse Group AG’s AT1s were wiped out, speculation was rife that the market
1970-01-01 08:00

World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
1970-01-01 08:00

Bond Traders Eye 5 Basis Points as BOJ Intervention Trigger
Bond traders are on guard for a further five-basis-points increase in benchmark Japanese bond yields amid speculation that
1970-01-01 08:00

Credit Agricole Nears Deal for Degroof Petercam
Credit Agricole SA will acquire a majority stake in Belgian asset and wealth manager Degroof Petercam, as the
1970-01-01 08:00

Maersk Cuts Forecast for Global Trade as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
1970-01-01 08:00

Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
1970-01-01 08:00

Commerzbank Lifts Outlook for Lending as Rate Boost Persists
Commerzbank AG raised its outlook for lending income and said it will seek approval for another buyback as
1970-01-01 08:00

Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has become far less inverted this week, but the shift is unnerving investors as
1970-01-01 08:00

Singapore’s 2023 F1 Race Will Go Ahead as Planned, Minister Says
Singapore’s preparations for this year’s Formula One Grand Prix are at an advanced stage and the race will
1970-01-01 08:00

Hefty Outlier Bet Shows Traders Are Split Over BOE’s Next Move
In the eyes of one investor at least, the Bank of England’s interest-rate hike on Thursday was the
1970-01-01 08:00