A $188 Billion Exodus Shows China’s Heft Fading in World Markets
A massive retreat of funds from Chinese stocks and bonds is diminishing the market’s clout in global portfolios
1970-01-01 08:00
Ex-Deutsche Bank Banker Will Plead Guilty to Crypto Fraud
Former Deutsche Bank investment banker Rashawn Russell, who has denied defrauding investors in a cryptocurrency fraud, appears ready
1970-01-01 08:00
Hedge Funds Hiked Bullish Oil Bets to 15-Month High on OPEC+ Cuts
Hedge funds boosted their bullish wagers on Brent and US crude to a 15-month high as supply cuts
1970-01-01 08:00
UK ‘Tourist Tax’ Creates Gap With Europe, Says Burberry CEO
The executive driving the turnround of Burberry Group Plc said tourists are spending more on luxury goods in
1970-01-01 08:00
Norway’s $1.4 Trillion Fund Steps Up Urgency on Climate Planning
Norway’s wealth fund said companies should move from “target setting to transition planning,” as the $1.4 trillion fund
1970-01-01 08:00
UBS Faces $1 Billion Quest to Avoid Deutsche Bank’s IT Missteps
UBS Group AG’s decision last month to completely integrate Credit Suisse’s domestic business brings with it a task
1970-01-01 08:00
777 Partners Agrees to Buy Everton, Tightening US Grip on English Football
777 Partners LLC has agreed to buy Everton FC in a deal that will add another US investment
1970-01-01 08:00
Battle for EU Top Jobs Pits Spain in Status Duel With Italy
The European Union’s next contest for a top job risks turning into a showdown between its two key
1970-01-01 08:00
H&M Revenue Growth Stalls as Fashion Retailer Raises Prices
H&M’s revenue growth unexpectedly ground to a halt as the Swedish retailer raised prices even amid increasing competition
1970-01-01 08:00
McCarthy Dares Hardliners to Oust Him as Shutdown Fight Rages
House Speaker Kevin McCarthy, thwarted by hardliners from passing measures to fund the government and frustrated by their
1970-01-01 08:00
China Cuts Bank Reserve Requirements to Aid Fiscal Stimulus
China’s central bank cut the amount of cash lenders must hold in reserve for the second time this
1970-01-01 08:00
Luxury Sector Cut at Barclays, Deutsche Bank on China Woes
Luxury-goods companies face the risk of disappointing sales growth in China that will weigh further on their stock
1970-01-01 08:00