Europe Sees Surprisingly Strong Rebound in Business Activity
Europe’s biggest economies beat expectations as business activity returned to growth, boosting the chances they can stave off recessions.
Europe’s biggest economies beat expectations as business activity returned to growth, boosting the chances they can stave off recessions.
President Vladimir Putin said Russia will suspend its observation of the New START nuclear weapons treaty, dealing a blow to the last accord with the US limiting their strategic arsenals.
Thai Prime Minister Prayuth Chan-Ocha said he will dissolve parliament in March, a move that paves the way for the next election.
The combined equity market value of Adani Group’s 10 companies slipped below $100 billion on Tuesday, as the embattled conglomerate struggles to reassure investors following a scathing report by a US short seller.
British companies reported the first growth in seven months, a surprise that boosts the chances the economy escapes a recession for now.
Singapore Airlines Ltd. posted a third consecutive quarterly profit on Tuesday, pushing the damage of Covid further into the past as air travel continued its strong recovery in the three months through December.
Concerns about further interest-rate hikes, a fizzling stock rally and a US crypto crackdown all suggest Bitcoin and other tokens should be beating a hasty retreat. Instead, they’re extending their 2023 rebound.
A takeover of SM Entertainment Co. is crucial to solidify K-pop’s influence and make it mainstream globally, Hybe Co.’s chief executive officer said, underscoring the BTS label’s determination to control its K-pop rival.
HSBC Holdings Plc will consider a special payout after the sale of its Canadian unit as the bank attempts to face down a campaign from its top shareholder to pursue a wider break-up of the business.
Conviction is growing among strategists that this year’s powerful European equity rally is set to falter.