business

Analysis: Investors look to emerging markets as planets align for end of dollar bull market

As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from…

3 years ago

Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiasco

Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of…

3 years ago

Improbable bets on break of Hong Kong dollar peg adding up

It's what is known in the markets as a "tail risk": a highly unlikely scenario in which Hong Kong's currency…

3 years ago

G7 price cap on Russian oil kicks in, Russia will only sell at market price

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to…

3 years ago

Euro zone banks not facing up to reality of downturn, ECB says

Euro zone banks have not yet fully faced up to the reality of an economic downturn, so finance industry supervisors…

3 years ago

Analysis: Markets sigh with relief after Powell speech, but more turbulence likely ahead

A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday,…

3 years ago

Italy’s Enel to sell assets and focus on six main markets

Enel plans asset sales worth 21 billion euros ($21.5 billion) to reduce net debt and focus its transition to cleaner…

3 years ago

Ericsson to invest in 6G network research in Britain

Network equipment maker Ericsson will invest millions of pounds in 6G mobile research in Britain, it said on Tuesday, working with…

3 years ago

Oil rises as Saudi comments outweigh recession concerns

Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further…

3 years ago

Exclusive: China set to fine Ant Group over $1 billion, signalling revamp nears end-sources

Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six…

3 years ago