The European Central Bank mustn’t take the approach of testing the economy to breaking point and should instead focus on persisting with high interest rates, according to Governing Council member Francois Villeroy de Galhau.
Apple Inc.’s basic iPhone 15 model is taking almost twice as long for deliveries this year than its predecessor, signaling high demand for the company’s latest handsets.
A senior banker at Nomura Holdings Inc. has been barred from leaving China in a move connected to a long-running investigation of a top dealmaker in the country, the Financial Times reported.
Airbus SE said it plans to add 1,000 jobs in the UK as it continues to invest in the country.
Natural gas demand in Europe won’t tail off until at least the end of the next decade, according to Uniper SE.
AFC Ajax NV fired Director of Football Affairs Sven Mislintat citing the lack of support and “disappointing” performances by the Dutch club. The decision comes after a major game was suspended due to crowd trouble.
Japan must enhance the way assets are managed to encourage foreign investors to help prompt a long-awaited shift among households from savings to assets, Prime Minister Fumio Kishida said.
Thailand welcomed the first batch of Chinese visitors under a temporary visa-waiver program as the Southeast Asian nation turns to tourism to propel its sluggish economy.
UBS Group AG Chief Executive Officer Sergio Ermotti said he’s seeing “good momentum” this quarter in regaining funds that clients pulled from Credit Suisse before the takeover, even if recovering all of the roughly $200 billion that clients pulled isn’t likely.
Euro-area inflation should return to the European Central Bank’s goal if borrowing costs are maintained at their current state for some time, according to Governing Council member Pablo Hernandez de Cos.
