Orcel Sees Higher Deposit Costs, Eyes Second UniCredit Term
UniCredit SpA Chief Executive Officer Andrea Orcel said the boost from higher official interest rates will soon turn
1970-01-01 08:00
Spotify Will Lay Off 2% of Workforce, or 200 Employees
Spotify Technology SA will lay off 2% of its employees, or 200 people, primarily in its podcast division,
1970-01-01 08:00
3M Granted Delay in ‘Forever Chemicals’ Trial to Negotiate Settlement
The judge overseeing 4,000 lawsuits involving 3M Co. “forever chemicals” agreed to delay the first trial for three
1970-01-01 08:00
British Airways Tells 35,000 Staff Their Data Was Hacked
British Airways told its staff of around 35,000 that their personal information may have been compromised in a
1970-01-01 08:00
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
1970-01-01 08:00
Daiwa Says Staff Freely Using ChatGPT, Plans Tech Hiring Boost
Daiwa Securities Group Inc. employees are widely using an artificial intelligence-powered chatbot in Japan, as the nation’s second-largest
1970-01-01 08:00
Morgan Stanley Strategist Sees European Stocks Falling 10% This Summer
European stocks may drop as much as 10% over the next few months. That’s the view of Morgan
1970-01-01 08:00
World’s Longest Direct Flights to Cost 20% More Than Stopover Fares
Qantas is likely to extract a 20% premium from passengers on the world’s longest direct flights when it
1970-01-01 08:00
Morgan Stanley Joins Goldman in Cutting China Index Targets
Morgan Stanley became the latest China bull to reduce the target for key stock indexes, citing delayed earnings
1970-01-01 08:00
PwC Identifies List of Partners in Australia Tax Breach
PricewaterhouseCoopers has identified a list of 76 current or former partners associated with its tax leaks scandal, handing
1970-01-01 08:00
UBS Plans to Complete Credit Suisse Takeover as Early as June 12
UBS Group AG expects to complete its acquisition of Credit Suisse Group AG as early as June 12,
1970-01-01 08:00
US May Impose Higher Capital Requirements on Big Banks, WSJ Says
Large lenders in the US may face a 20% increase in capital requirements in the aftermath of a
1970-01-01 08:00