Traders Bet ECB Cuts Are Coming Despite Lagarde’s Pushback
European Central Bank President Christine Lagarde insists that interest-rate cuts aren’t something being considered by policymakers, yet investors are already betting on them.
European Central Bank President Christine Lagarde insists that interest-rate cuts aren’t something being considered by policymakers, yet investors are already betting on them.
A popular category of carbon offsets held by a number of major publicly traded companies is significantly more prone to greenwashing than previously feared, according to a new investigation of the financial instruments.
China’s budget deficit continued to contract so far this year, a sign of weak fiscal support for the economy despite a slowdown in growth.
Economists are united in their assessments that the European Central Bank’s campaign of interest-rate increases reached its peak with Thursday’s 10th consecutive move.
China announced it was sanctioning Northrop Grumman Corp. and a subsidiary of Lockheed Martin Corp. for supplying arms to Taiwan, the latest example of Beijing symbolically showing its displeasure at US support for the island.
Virgin Australia Airlines Pty has discovered a suspected unapproved part on one of its aircraft that originated with an obscure UK-based supplier, the latest in the ongoing effort by airlines and maintenance workshops to identify and remove the components that have infiltrated the global fleet.
Olam Group Ltd. shares tumbled the most in more than a decade this week following fraud allegations in Nigeria, adding to a year of setbacks for the company that includes a profit slump and IPO delay.
Equity funds saw the biggest weekly inflow in 18 months amid growing investor confidence the US economy is headed for a soft landing, according to Bank of America Corp.
The European Union launched an investigation into Chinese subsidies for electric vehicles this week, highlighting the growing industrial and geopolitical competition between the two economies.
Apple Inc. will issue an update for the iPhone 12 “in the coming days” in response to a request from France’s ANFR regulator, the country’s digital minister Jean-Noel Barrot said in a post on X Friday.