Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira stable just before a presidential runoff in which incumbent Recep Tayyip Erdogan is seeking reelection.
Antonio Brufau, the oil industry’s longest serving chairman, will keep going despite an earlier pledge to step down from his position at Repsol SA.
Stock market strategists and portfolio managers who expected equities to go nowhere in 2023 are changing their tune as their fears transform into the fear of missing out on a potential rally.
Citigroup Inc. is teaming up with South Africa’s Gauteng provincial administration to fund almost 1.4 billion rand ($72 million) of investment in a new mega-city project and airport south of Johannesburg.
Europe’s biggest soft drinks plant is braced for industrial disruption after workers voted to strike.
Leon Black won a legal fight with a former model from Russia who claimed he sexually assaulted her, a case that riveted Wall Street and revealed intimate aspects of the billionaire’s life.
House Speaker Kevin McCarthy’s optimism that White House and Republican negotiators would reach a deal in time to avert a potentially catastrophic default didn’t mollify analysts as the US was put on a sovereign ratings watch.
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
Even as billions have been spent, it’s been a challenge to get promises from the top of companies to translate into spending from the bottom.
Company rallied 200% as ChatGPT-mania swept Wall Street. Short-sellers are betting on a fall.
