Canada’s economy unexpectedly stalled at the end of last year, but a strong start to 2023 adds to confusion about when growth will rapidly gear down in the face of the highest interest rates in 15 years.
Dish Network Corp. shares slumped to their lowest level in more than a decade after the company said some data had been stolen in a recent ransomware attack. Separately, Bank of America downgraded the stock to underperform.
The US Supreme Court scaled back the federal penalties for failing to file required reports listing foreign bank accounts in a ruling likely to help some Americans living abroad.
It could almost be an episode of White Lotus.
The European Union will need at least several months to sign off on the landmark post-Brexit deal to smooth cross border trade in Northern Ireland as officials are still assessing the legal steps needed to implement the more than 300-page agreement.
US consumer confidence unexpectedly declined in February, as rising prices and deepening concerns about the outlook outweighed the near-term strength of the labor market.
Russia’s seaborne oil exports remained resilient in February, as the nation found new buyers even as the full force of Western restrictions was brought to bear.
New York-listed IHS Holding Ltd. is weighing a bid for South Africa’s Telkom SA SOC’s tower unit, according to people familiar with the matter.
Banco Santander SA Chairman Ana Botin said she expects the bank’s valuation to improve as interest rates rise and the lender pledged to return a bigger share of profits to investors.
Tesla Inc. will build a new plant in Monterrey, Mexico, the nation’s president announced, ending weeks of speculation over where the electric-car maker would choose to operate in the country.
