A potential strike by 340,000 unionized workers at United Parcel Service Inc. threatens to unravel progress in tackling two of the US economy’s biggest hurdles in decades: inflation and supply-chain disruptions.
As Spanish voters get ready to head to the polls, investors are putting their focus on the pro-business policies of conservative frontrunner Alberto Nunez Feijoo.
SBB, the landlord at the center of Sweden’s property crunch, is selling 2.4 billion kronor ($228 million) of shares in a new subsidiary to Morgan Stanley, taking a step toward narrowing a financing gap.
Investors piled into tech stocks, while distancing themselves from the broader equity market, according to a weekly fund flow report from Bank of America Corp.
Danske Bank A/S raised its outlook for full-year profit as it expects higher interest income.
The yen weakened more than 1% after a report that Bank of Japan officials see little urgent need to address the side effects of their yield-curve control program at this point.
China’s first futures for lithium — an essential ingredient for electric-vehicle batteries — had a rocky start in their first day of trading.
Liontrust Asset Management said that its offer to buy troubled Swiss asset manager GAM Holding AG is final and won’t be raised, days after a rival investor group led by French billionaire Xavier Niel launched a partial public tender.
Thailand’s Move Forward Party, which won the most parliamentary seats in the May general election, will step aside to let its ally Pheu Thai Party lead efforts of a coalition of pro-democracy parties to form the next government.
China has announced several measures recently to boost the economy and made a number of pledges to improve the business environment as concerns about the growth outlook continue to mount.
