China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
1970-01-01 08:00
Russia’s War Economy Is on Course to Recover From Sanctions Hit
Russia’s economy may return to its pre-war level as soon as next year as it adapts to the
1970-01-01 08:00
UPS Pay Hikes for Package Handlers Raise Pressure on FedEx
The raises won by United Parcel Service Inc. package handlers are going to put FedEx Corp. in a
1970-01-01 08:00
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
1970-01-01 08:00
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
1970-01-01 08:00
How the Maui Wildfires Became So Destructive, So Fast
At least 55 people are dead and hundreds of homes incinerated after tail winds from a hurricane stoked
1970-01-01 08:00
Hong Kong Narrows 2023 GDP Expectations as Recovery Loses Steam
Hong Kong is slightly less optimistic about its outlook for economic growth this year as the post-pandemic activity
1970-01-01 08:00
Train Derails in Swiss Gotthard Tunnel, Halting Key Freight Route
A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern
1970-01-01 08:00
Russian Oil Revenue at Eight-Month High as Price Cap Breached
Russia’s oil-export revenue rose last month to the highest since November, as the country’s crude exceeded a price
1970-01-01 08:00
Italy to Get up to 20% of Telecom Italia Network in KKR Deal
KKR & Co. signed a memorandum of understanding with Italy to include the government in its €23 billion
1970-01-01 08:00
UK Economy Stronger Than Expected After Coronation Holiday
The UK economy grew more strongly than expected in the second quarter after activity roared back in June
1970-01-01 08:00
UBS Ends $10 Billion State Backstop That Helped Seal Merger
UBS Group AG decided to end an agreement with the Swiss government to cover losses it could incur
1970-01-01 08:00