Malawi kwacha: 44% drop in value against US dollar sparks unease
The 44% fall in the kwacha's value will make imports dearer but some argue it was long overdue.
2023-11-10 01:28
First US Small Nuke Project Canceled After Costs Surge 53%
NuScale Power Corp., the first company with US approval for a small nuclear reactor design, is canceling plans
2023-11-10 00:54
Microsoft Record Leads $1.5 Trillion Nasdaq Surge
Wall Street’s so-called Magnificent Seven has been living up to its name again, but none more so than
2023-11-09 23:19
US Continuing Jobless Claims Rise for Seventh Straight Week
Recurring applications for US unemployment benefits rose for a seventh straight week, adding to evidence that the labor
2023-11-09 22:58
Sequoia China Rebranding Is High-Stakes Leadership Test
The venture capital giant formerly known as Sequoia China is slated to host a major gathering of investors
2023-11-09 21:53
Astra Enters Obesity Drug Race, Trumpets Price Potential
AstraZeneca Plc clinched a deal to develop a drug from the pharma industry’s hottest class of medicines and
2023-11-09 21:47
Novavax Unveils Plan to Cut Costs by Another $300 Million
Covid-19 vaccine maker Novavax Inc. slashed its sales forecast and said it’s ready to cut at least another
2023-11-09 21:29
Mexico Inflation Hits 32-Month Low as Banxico Meets on Rates
Mexico’s annual inflation slowed in line with expectations in October, giving the central bank some maneuvering room as
2023-11-09 21:23
Germany Agrees Five Years of Relief for Industry Power Costs
The German government agreed on measures to ease electricity bills for manufacturers over the next five years in
2023-11-09 21:22
Dollar Shortage Spurs 44% Devaluation in Malawi’s Currency
Malawi devalued its currency by 44% amid a shortage of dollars that has curbed imports of fuel and
2023-11-09 21:15
Portugal Kicked Into Limbo After Corruption Turmoil Toppled PM
Portugal is looking at months in limbo after a political scandal that’s left the country without a prime
2023-11-09 20:28
Rage Against Copper Producer Roils Markets, Panama Government
Panama’s ratification of a deal with a copper miner last month should have been a formality. Instead, it
2023-11-09 20:25