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Market News
October 13, 2021
Deutsche Bank Chief Sewing Says Inflation Probably Here to Stay
Deutsche Bank AG Chief Executive Officer Christian Sewing said the current bout of inflation will likely prove longer lasting, adding his voice to a...
October 13, 2021
Apple Finally Falls Victim to Never-Ending Supply Chain Crisis
Apple Inc., the world’s most valuable company, has finally joined a growing list of household names from Toyota to Samsung forced to cut back on...
October 13, 2021
Algeria Plans to Cut Food and Gas Subsidies to Curb Deficit
Algeria plans to start reducing subsidies on food, fuel and electricity as the OPEC nation looks to cut billions of dollars in spending.
October 13, 2021
Used Aston Martin’s $114,500 Price Tag Attests to Chip Squeeze
Used-car sellers are enjoying a boom in demand in the U.K. as the pandemic puts a squeeze on the supply of chips for new vehicles.
October 13, 2021
Philippines Eases Capital’s Curbs, Allows Quarantine-Free Entry
The Philippines will ease movement restrictions in the capital from Oct. 16, allowing businesses to further reopen as coronavirus infections ebbed in...
October 13, 2021
Credit Suisse Waives Fees for Clients Hit by Greensill Collapse
Credit Suisse Group AG is planning to waive a number of fees for clients that invested in its Greensill-linked supply-chain finance funds, many of...
October 13, 2021
Bitcoin Miners Fleeing China Could Overload Siberia’s Power Grid
A Siberian region known for its cheap electricity warned that a flood of Bitcoin miners from nearby China could overload its power grid after Beijing...
October 13, 2021
China’s Credit Growth Slows Amid Property, Evergrande Troubles
China’s credit growth slowed in September, as weakness in the property market amid the Evergrande crisis weighed on financing and lending...
October 13, 2021
Dealmakers Get Post-Brexit ‘Warning Shot’ From U.K. Watchdog
A more muscular approach to mergers has thrust the U.K.’s competition regulator into the spotlight and demonstrated its determination to be just as...
October 13, 2021