Private Lenders Provide Record €4.5 Billion for Adevinta LBO
Private credit funds are providing a record €4.5 billion ($4.9 billion) loan to back the buyout of Adevinta
2023-11-22 22:28
U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliency
The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates
2023-11-22 21:57
UK Inclined to Order Probe into Abu Dhabi-Backed Telegraph Deal
The UK government is leaning toward ordering a probe into RedBird IMI’s proposed Telegraph deal, after the prospect
2023-11-22 21:51
US weekly jobless claims fall; labor market still slowing
WASHINGTON The number of Americans filing new claims for unemployment benefits fell more than expected last week, but
2023-11-22 21:50
20 Super Literal German Compound Words
Germany is the land of Oktoberfest, Christmas markets, and super literal compound words like Glühbirne (“glow pear,” a.k.a. “lightbulb”) and Baumwolle (“tree wool,” otherwise known as cotton).
2023-11-22 21:20
Brazil Central Bank Can Keep Cutting Rates, Campos Neto Says
Brazil’s central bank has room to continue lowering interest rates as inflation is well-behaved even if still a
2023-11-22 20:55
Germany Races to Fix Its Budget and Avert a Government Crisis
Germany’s ruling coalition is locked in near non-stop talks to try to resolve an unprecedented budget crisis triggered
2023-11-22 20:26
Turkish Firms to Get Reality Check With Inflation Accounting
Turkish businesses grappling with the fastest price rises in two decades are finally preparing to switch to a
2023-11-22 20:24
Czech president approves plan introducing budget cuts, taxes. Labor unions call for protests
Czech President Petr Pavel has signed into law an economic package of dozens of measures introducing budget cuts and increased taxes designed to keep the ballooning budget deficit under control
2023-11-22 20:16
European Power Falls to Two-Year Low as Nuclear Crisis Eases
Benchmark electricity prices in Europe have fallen to levels last seen two years ago in a positive sign
2023-11-22 19:59
Mary Barra's $280 Billion Goal Confronts a Litany of GM Hurdles
Mary Barra’s ambitious plan to double General Motors Co.’s revenue to $280 billion by the end of the
2023-11-22 19:26
Binance Lapses Boosted Terrorists, Hackers, Sanctions Violators
Binance Holdings Ltd. had such lax controls over cryptocurrency transactions on its exchange that terrorists, hackers and sanctions
2023-11-22 19:25