Tag
Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate cuts was justified by ongoing uncertainty about the…
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised US$5…
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised US$5…
South Korea’s central bank cut interest rates on Thursday (May 29) in a bid to cushion the export-dependent economy from US President Donald Trump’s tariff war, as it almost halved its…
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as policymakers sought to revive a struggling economy and buffer…
HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to sources familiar…
BYD shares extended losses in Hong Kong trading on Tuesday (May 27) – taking their two-day slide to more than 10 per cent – as last week’s sweeping price cuts stoked concern of another…
In March, Musk walked into what he understood to be an ambush, facing heated backlash from Secretary of State Marco Rubio, Veterans Affairs Secretary Doug Collins, and Transportation…
CGS International (CGSI) has downgraded its recommendation on chocolate confectioner Delfi to “hold”, from “add” previously, and slashed its target price by more than 19 per cent to…
House Democrats immediately pounced. At a House Rules Committee meeting early Wednesday morning, ranking member Jim McGovern asked Representative Brendan Boyle, the ranking member on the…
Republicans want to add work requirements to Medicaid, but having to work themselves is apparently a problem. Representative Ralph Norman was caught falling asleep in his chair late…
Those problems led 136 rural hospitals, or about 3 percent, to close between 2010 and 2021. Almost three-fourths of those were in states that hadn’t expanded Medicaid through the…
Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and cooling inflation at home, though it…
Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic…
China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid see-saw trade tensions with the US. Beijing and…
Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by 2028, as the maker of Johnnie Walker whisky and Guinness beer looks to turn…
The figure represents around 4% of the firm’s total workforce of nearly 230,000 Japanese electronics giant Panasonic said Friday (May 9) it was targeting 10,000 job cuts worldwide…
House Republicans' search for waste and fraud to cut from federal spending put them on a crash course with food stamps, a massive program that racked up $10.5 billion in erroneous payments…
Did Elmo get sacked as a result of President Trump’s attempts to defund public media? A LinkedIn post purportedly written by the lovable red Muppet — in which Elmo says he “was recently…
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policymakers as US President Donald…
Maersk sees global container volume market in the range of 1% decline to growth of 4% this year Moller-Maersk, the Danish container giant, lowered its forecast for the global…
Rivian Automotive said full-year deliveries will decline more sharply than it anticipated just a month ago, citing risks that US President Donald Trump’s trade war will further dampen…
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy steps taken by…
The new head of the US Securities and Exchange Commission told staff on Tuesday the agency has lost 15 per cent of its headcount across offices and divisions and he expects to conduct a…
