Tens of thousands of people protested across the Middle East on Friday against Israel’s bombardment of Gaza as it stepped up preparations for a possible ground offensive to destroy Palestinian militant group Hamas.
Sanofi’s experimental skin medicine produced better results after a longer treatment, underscoring its potential to further the French drugmaker’s growth and compete with a similar therapy from Amgen Inc.
A changing of the guard among the biggest buyers of US Treasuries has Wall Street veterans bracing for further pain in the world’s largest bond market.
European Central Bank President Christine Lagarde said officials will raise interest rates again if they have to, but they’re also gauging the impact of prior moves still feeding through.
BlackRock Inc. clients pulled a net $13 billion from long-term investment funds, the first outflows since the onset of the pandemic in 2020.
Rishi Sunak is being slammed by his climate advisers for making net zero harder to achieve in Britain after his recent policy retreats. The prime minister says he’s trying to protect consumers struggling with double-digit inflation.
Dollar General Corp. Chief Executive Officer Jeff Owen stepped down after nearly a year in the role during which the shares plunged and workplace safety concerns mounted.
(Bloomberg) — European Central Bank Governing Council member Martins Kazaks said there’s only a “narrow path” back to 2% inflation — meaning an extension to the euro zone’s unprecedented spate of interest-rate increases can’t be excluded.
Just a year after Liz Truss’s failed attempt to jump-start the UK economy using unfunded tax cuts, Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt have picked up her baton and are pushing their own supply-side boost to try to lift growth and fill a hole in the public finances.
Group of 20 finance chiefs agreed on a communique that didn’t mention the Israel-Hamas war, the latest sign of the forum’s struggle to address conflicts seen as threats to the global economy.
