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Market News
September 23, 2021
Europe’s Fertilizer Crisis Spreads After Another Firm Cuts Output
Another European fertilizer producer is reducing output due to soaring natural gas prices, exacerbating already tight supply across the continent.
September 23, 2021
UBS Plays Down Evergrande Exposure as Dollar Bond Doubts Grow
UBS Group AG’s exposure to stricken property developer China Evergrande Group is “immaterial” and limited to the execution of collateral calls...
September 23, 2021
Ex-Warburg Executive Next in Line for German Tax Fraud Trial
An ex-senior manager at M.M. Warburg & Co. is next in line to face trial in Germany over the Cum-Ex scandal -- three months after another former...
September 23, 2021
British Airways Abandons Plan for New Short-Haul Unit at Gatwick
British Airways abandoned a plan to set up a new, lower-cost unit at London’s Gatwick airport, after failing to receive support from its pilots...
September 23, 2021
White House Decries Low Taxes for Rich as Congress Works on Plan
The current tax code is ill-equipped to collect levies from some of the wealthiest Americans who are able to pay preferential rates or defer taxes...
September 23, 2021
Egypt to Begin Vaccine Supply to African Nations Within 2 Months
Egypt will start shipping locally-made Covid-19 vaccines to other African nations in the next month and a half, Health Minister Hala Zayed said...
September 23, 2021
China Opposes U.S. Threat to Impose Sanctions on Ethiopia
China criticized a U.S. threat to impose sanctions on Ethiopia over a conflict in the Horn of Africa nation, saying the government has the ability to...
September 23, 2021