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Wall Street cheers cool CPI with stock rally; dollar, yields decline

Wall Street cheers cool CPI with stock rally; dollar, yields decline

The currency market moved on the CPI news, too. The dollar index declined 1.18% to $100.536, near its lowest point in a year. The yen..

Headlines

Jul 13, 2023 · 4 min read

British digital bank Monzo in talks to buy Nordic lender Lunar

British digital bank Monzo in talks to buy Nordic lender Lunar

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Headlines

Jul 12, 2023 · 1 min read

Germany more flexible on hydrogen transition, emphasises speed – draft

Germany more flexible on hydrogen transition, emphasises speed – draft

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Headlines

Jul 12, 2023 · 2 min read

Smurfit Kappa eyes wider North Africa expansion after Morocco opening

Smurfit Kappa eyes wider North Africa expansion after Morocco opening

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Headlines

Jul 12, 2023 · 3 min read

Bank of England says Britain is coping with higher interest rates

Bank of England says Britain is coping with higher interest rates

The BoE said British banks were less exposed than households to the adverse effects of higher interest rates, especially compared wit..

Headlines

Jul 12, 2023 · 4 min read

Exclusive-SoftBank considering US listing for its PayPay business – sources

Exclusive-SoftBank considering US listing for its PayPay business – sources

SoftBank founder Son recently pledged to shift to “offence mode” amid rising global interest and investment in artificial..

Headlines

Jul 12, 2023 · 3 min read

Oil steadies amid economic concerns, higher U.S. crude stocks

Oil steadies amid economic concerns, higher U.S. crude stocks

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Headlines

Jul 12, 2023 · 3 min read

IBM mulls using its own AI chip in new cloud service to lower costs

IBM mulls using its own AI chip in new cloud service to lower costs

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Headlines

Jul 12, 2023 · 2 min read

BNPL – Do the regulations matter?

BNPL – Do the regulations matter?

Insights from Ecommpay’s data indicate that BNPL was a popular choice for holiday purchases last Christmas, with over 40% of Millenni..

Business

Jul 11, 2023 · 4 min read

Zara owner boosts sustainability goals as fast-fashion feels the heat

Zara owner boosts sustainability goals as fast-fashion feels the heat

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Headlines

Jul 11, 2023 · 2 min read

LG Chem raising $2 billion in exchangeable bonds

LG Chem raising $2 billion in exchangeable bonds

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Headlines

Jul 11, 2023 · 1 min read

Stocks rise, dollar retreats ahead of inflation data

Stocks rise, dollar retreats ahead of inflation data

The dollar index, which measures the performance of the U.S. currency against six others, was last down 0.2% on the day and around it..

Headlines

Jul 11, 2023 · 4 min read

Heathrow passenger numbers near pre-pandemic levels in June

Heathrow passenger numbers near pre-pandemic levels in June

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Headlines

Jul 11, 2023 · 1 min read

U.S. says to move forward with transfer of F-16 jets to Turkey

U.S. says to move forward with transfer of F-16 jets to Turkey

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Headlines

Jul 11, 2023 · 2 min read

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak

Japanese wages have barely risen in the past decade, bogged down by entrenched expectations of weak inflation. However, those views h..

Headlines

Jul 11, 2023 · 5 min read

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

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Headlines

Jul 11, 2023 · 3 min read

Oil rises on OPEC+ cuts, weaker dollar

Oil rises on OPEC+ cuts, weaker dollar

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Headlines

Jul 11, 2023 · 2 min read

Apple opens store on China’s WeChat platform

Apple opens store on China’s WeChat platform

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Headlines

Jul 11, 2023 · 2 min read

Uniper chief says flexible duration LNG contracts key for Europe

Uniper chief says flexible duration LNG contracts key for Europe

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Headlines

Jul 11, 2023 · 2 min read

Turkey backs Sweden’s NATO entry

Turkey backs Sweden’s NATO entry

“I’m glad to announce … that President Erdogan has agreed to forward the accession protocol for Sweden to the grand..

Headlines

Jul 11, 2023 · 2 min read

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

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News

Jul 10, 2023 · 2 min read

Thames Water pulled back from the brink after investors pump in $960 million

Thames Water pulled back from the brink after investors pump in $960 million

Thames Water’s debt problem has become far more challenging as over half of it is linked to inflation and the cost of servicing..

Wealth Creation

Jul 10, 2023 · 3 min read

UK health regulator approves GSK’s vaccine for common respiratory virus RSV

UK health regulator approves GSK’s vaccine for common respiratory virus RSV

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Wealth Creation

Jul 10, 2023 · 1 min read

Marketmind: China disinflation a mix of good and bad

Marketmind: China disinflation a mix of good and bad

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Wealth Creation

Jul 10, 2023 · 3 min read

Analysis-Europe faces long wait for weight-loss drugs as governments eye costs

Analysis-Europe faces long wait for weight-loss drugs as governments eye costs

In the United States, the federal Medicare health plan for older Americans is prohibited from covering weight-loss drugs. Many health..

Wealth Creation

Jul 10, 2023 · 5 min read

Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT

Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT

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Wealth Creation

Jul 10, 2023 · 1 min read

Innovation in EVs seen denting copper demand growth potential

Innovation in EVs seen denting copper demand growth potential

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Wealth Creation

Jul 10, 2023 · 3 min read

Biden arrives in Britain to meet King Charles, PM Sunak

Biden arrives in Britain to meet King Charles, PM Sunak

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Wealth Creation

Jul 10, 2023 · 3 min read

Jaguar Land Rover expects Q1 free cash flow of over $500 million

Jaguar Land Rover expects Q1 free cash flow of over $500 million

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Wealth Creation

Jul 7, 2023 · 2 min read

EU and Belgium invest $1.6 billion in chip technology firm Imec

EU and Belgium invest $1.6 billion in chip technology firm Imec

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Wealth Creation

Jul 7, 2023 · 1 min read

Amman Mineral makes firm debut in Indonesia’s biggest IPO this year

Amman Mineral makes firm debut in Indonesia’s biggest IPO this year

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Wealth Creation

Jul 7, 2023 · 0 min read

Continental to phase out activities at Gifhorn plant by end of 2027

Continental to phase out activities at Gifhorn plant by end of 2027

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Wealth Creation

Jul 7, 2023 · 1 min read

UK house prices post biggest annual drop since 2011: Halifax

UK house prices post biggest annual drop since 2011: Halifax

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Wealth Creation

Jul 7, 2023 · 2 min read

German economy faces uphill climb as industrial output falls

German economy faces uphill climb as industrial output falls

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Wealth Creation

Jul 7, 2023 · 2 min read

Telefonica sells controlling stake in Peruvian fibre optic network to KKR

Telefonica sells controlling stake in Peruvian fibre optic network to KKR

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Wealth Creation

Jul 7, 2023 · 2 min read

Stocks squeal as borrowing costs return to banking crisis highs

Stocks squeal as borrowing costs return to banking crisis highs

The latest flare-up of tension between the United States, Europe and China had also hit the mood. U.S. Treasury Secretary Janet Yelle..

Wealth Creation

Jul 6, 2023 · 4 min read

Metaverse has set off no alarms or need for controls yet – EU’s Vestager

Metaverse has set off no alarms or need for controls yet – EU’s Vestager

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Wealth Creation

Jul 6, 2023 · 2 min read