American Worker Motivation Is Falling This Year, New Data Shows
Motivation among American workers is on the wane this year, and a majority of them aren’t highly engaged with their jobs — reducing their productivity — a new survey shows.
Bloomberg Business
Spain Will Protect ‘Strategic Autonomy’ in Telefonica Deal
Spain will ensure it protects the country’s “strategic autonomy” after Saudi Telecom Co. said it plans to snap up a near 10% stake in telecommunications giant Telefonica SA for about $2.25 billion, the government’s spokeswoman said.
‘There’s No Plan B’: Oil Chiefs Sound Alarm on Refining Woes
An increasingly stretched global refining system means fuel-price volatility is set to become more common, according to top oil executives.
Private Credit Funds’ Certainties Offer An Edge, Says Blackstone’s Scott
Private-lending funds are increasingly becoming the go-to debt providers for buyout firms looking to take companies private.
ECB, Governments Should Boost Policy Coordination, Belgium Says
Eurozone countries and the European Central Bank need to coordinate fiscal and monetary policies as they strive to bring inflation down to the ECB’s target of 2%, according to Belgian Finance Minister Vincent Van Peteghem.
China’s Distressed Developers Soar in Wave of Speculative Buying
Speculative bets that Chinese authorities will widen support for the property sector sent some of the country’s ailing developers surging by the most on record.
Trump Plans Harsher Trade and Tax Policies for His 2024 Comeback Bid
Donald Trump and his advisers are mapping out an economic agenda with harsher trade policies and deeper tax cuts if he returns to the White House, stirring anxiety within the US business community of potential retaliatory measures.
ECB Should Keep Raising Rates as Long as Needed, OECD Says
The European Central Bank must maintain restrictive monetary policy to quell inflation, the OECD said, sounding a note of caution for policymakers considering a pause in a record series of interest rate increases.
Xi Protege Steps Onto World Stage After China Leader’s G-20 Snub
China’s new premier is taking his first steps into the global spotlight this week, in part thanks to President Xi Jinping’s surprise snub of a key gathering of world leaders in India.
Carlsberg’s CEO Buys $1.6 Million in Shares Days Into Job
Carlsberg A/S’s chief executive officer bought shares for about $1.6 million just a few days into his new job, as he used to do at a previous CEO position where the frequent purchases often boosted the stock price.
