The leaders of Germany and France are meeting Wednesday in Paris, but this encounter almost got cancelled as tensions between both sides grow.Story Published at: October 26, 2022 at 02:22PM
France and Germany’s relationship questioned as Scholz goes alone on policy
Heathrow Airport warns it will be ‘a number of years’ before demand returns to pre-pandemic levels
Heathrow Airport warns it will be “a number of years” before demand returns to pre-pandemic levels.Story Published at: October 26, 2022 at 02:00PM
Gender equity at work is stalling after ‘mass exodus’ of women during pandemic, new research finds
After the pandemic caused a “mass exodus” of women from the workforce, progress around gender equity has slowed down, a new KPMG report says. Story Published at: October 26, 2022 at 01:18PM
Foxconn’s iPhone factory in China — the world’s largest — hit by Covid outbreak
Foxconn said that a small Covid outbreak at its iPhone assembly plant in Zhengzhou, China, is “controllable” and production remains “relatively stable.”Story Published at: October 26, 2022 at 11:43AM
Goldman Sachs, JPMorgan CEOs tip U.S. economy for recession as labor tightness keeps Fed aggressive
Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both expect a U.S. recession.Story Published at: October 26, 2022 at 11:30AM
Markets look for answers from the European Central Bank as its preps for a jumbo rate hike
Rates aside, there are two questions in the minds of market players as they wait to hear from ECB President Christine Lagarde Thursday. Story Published at: October 26, 2022 at 07:47AM
Barclays posts profit beat for the third quarter on strong bond trading revenue
Barclays on Wednesday reported an unexpected rise in third-quarter earnings on the back of strong trading revenues, despite a continued drag from a costly U.S. trading error.Story Published at: October 26, 2022 at 07:19AM
UK trial will inject hydrogen into a gas-fired, grid-connected power station
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.Story Published at: October 26, 2022 at 06:29AM
Deutsche Bank logs ninth straight quarter of profit with big earnings beat
Deutsche Bank on Wednesday reported a net income of 1.115 billion euros for the third quarter.Story Published at: October 26, 2022 at 06:13AM
Jim Cramer says the U.S. dollar’s decline helped drive Tuesday’s market gains
Stocks gained on Tuesday for a third consecutive trading session, buoyed in part by a decline in bond yields and a weaker dollar.Story Published at: October 25, 2022 at 11:47PM