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Market News

October 26, 2021
Europe’s Power Prices Rise on Growing Cold Weather Predictions
The costs of powering Europe’s homes and businesses in November are increasing as the onset of cold weather feeds expectations that pricey sources...
October 26, 2021
Central Banks Are Getting Serious About Digital Money
The rise of Bitcoin and other cryptocurrencies has prompted a major push among central banks to develop their own digital currencies. This week,...
October 26, 2021
Godongwana’s Maiden South Africa Budget Delayed for Second Time
South Africa’s government delayed Finance Minister Enoch Godongwana’s maiden budget for a second time, without immediately explaining the reason...
October 26, 2021
Thai Rulers Move to Disband Thaksin-Linked Party as Vote Nears
Members of Thailand’s military-backed ruling party asked the Election Commission to start a probe that could disband the main competition ahead of...
October 26, 2021
Stripe Strikes Tie-Up With Klarna After Frenzy of Rival Deals
Stripe Inc. will allow retailers to add Klarna Bank AB’s buy-now-pay-later service as a purchasing tool for customers, a deal that pairs up two of...
October 26, 2021
Carlyle, CVC Among Potential Bidders for Carrefour Taiwan
Buyout firms Carlyle Group Inc. and CVC Capital Partners are among the suitors considering bids for French grocer Carrefour SA’s Taiwan operations,...
October 26, 2021
Energy Squeeze Will Trigger Unrest, Says Blackstone’s Schwarzman 
Blackstone Inc. co-founder Stephen Schwarzman said the world is facing energy shortages so severe they could cause social unrest.
October 26, 2021
Candidate for Absa Chairman Role Sues Regulator Over Rejection
Sipho Pityana, lead director at Absa Group Ltd., is suing part of South Africa’s central bank for stymieing his appointment as the chairman of the...
October 26, 2021
A Fight Over Biden’s Pick for a Banking Watchdog Gets Nasty
October 26, 2021
Singapore to Open Travel Lanes With Australia, Switzerland
Singapore will allow people arriving from Australia and Switzerland to enter without having to quarantine from Nov. 8, as the Southeast Asian nation...