
The first word in business news. Newsletters: https://t.co/nWaCxHSKuU Podcasts: https://t.co/096e9xMbPz The Big Take podcast: https://t.co/UqskwXtp5Z
Followers: 9,213,371
-
Switzerland’s banking regulator Finma says it had a bankruptcy and takeover plan ready for Credit Suisse on March 19
Chile's central bank held its benchmark interest rate steady at the highest level in over two decades as inflation's decline toward target proves to be painfully slow
Johnson & Johnson agreed to pay $8.9 billion to resolve cancer lawsuits tied to its talc-based powders and will make a fresh attempt to contain the liability within a bankruptcy filing by one of its units
Exclusive: Brazil’s finance chief is considering a series of measures to boost credit in Latin America’s largest economy, saying capital markets have “stalled” under the weight of high interest rates
Johnson & Johnson threatened to file a new bankruptcy case to try to settle more than 40,000 cancer lawsuits, lawyers say
Bank of England Chief Economist Huw Pill says signs of persistent inflation would justify more increases in interest rates
The World Bank is warning that Latin America's economy will grow less than expected this year due to high interest rates and falling commodity prices
[email protected] has today's Talking Tech -Walmart cuts nearly 2,000 jobs -Apple makes small number of job cuts -Virgin Orbit files for bankruptcy
Somehow, in the face of stubborn inflation and rising interest rates, Latin America's famously vulnerable economies are holding their own. @portereduardo explains why via @opinion
For central bankers, oil’s one more reason to keep up the inflation fight. For many investors, it’s another sign that the fragile economy will force rate cuts later this year. The yawning gap points to further uncertainty in the global outlook
Zimbabwe will investigate allegations of money laundering and gold smuggling that were aired in an Al-Jazeera documentary last month, the government says
JUST IN: Sri Lanka holds its benchmark rate at a two-decade high to keep Asia’s fastest inflation in check
Federal Reserve Governor Lisa Cook said US inflation has started easing but with labor markets still tight, price pressures are emanating from that
What if OPEC held a supply shock and markets shrugged? @johnauthers says economic concerns may be shifting from inflation to growth via @opinion
Car theft + speeding + texting while you drive + inflation = skyrocketing insurance premiums, writes @chrismbryant via @opinion
NEW: Virgin Orbit files for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut 85% of its staff
Swiss central banker says Credit Suisse faced bankruptcy without UBS deal, 50 basis-point ECB rate hike warning and L’Oréal buys Aesop. Here’s what's moving markets 🔽 https://t.co/MUkmqNu9hV
High government spending may hamper the Bank of Canada’s ability to control inflation for years to come
Oil prices are straining ties between the US and Saudi Arabia at a time when the moorings of their alliance have weakened
Just when it looked as if central banks were ready to pause interest rate hikes, surprise supply cuts from OPEC+ will increase inflation fears, says @liamdenning (via @opinion)