Desjardins Cuts Almost 400 Jobs, Citing Slowdown and Volatility
Canada’s Desjardins Group joined the list of financial firms reducing staff, cutting nearly 400 employees, mostly in Quebec.
Recession, Inflation, Devaluation: Argentina’s Economic Troubles in Five Charts
Argentina’s next president will take over in the middle of a financial emergency — which is par for the course in one of the world’s most dysfunctional economies.
EU Proposes Delaying Some ESG Reporting Rules
Europe’s executive arm is proposing a two-year delay in implementing a key element of its sustainable finance framework, as complaints mount that businesses can’t keep up.
Oil Dips as Venezuela Curbs Ease in Offset to Middle East Crisis
Oil edged lower as the US eased crude sanctions against Venezuela, denting some of the price gains spurred by the devastating conflict in the Middle East.
US Jobless Claims Fall to 198,000, Lowest Level Since January
Applications for US unemployment benefits dropped last week to the lowest level since January as the labor market kept powering ahead.
Sony Looks to Spider-Man to Boost PlayStation 5 Console Sales
Earlier releases in the series from Insomniac Games have sold more than 33 million copies
Credit Suisse Culls Nine of Its Infamous ETNs Post UBS Takeover
Credit Suisse Group AG is ending nine of its 12 outstanding exchange-traded notes as the bank trims the business following its abrupt takeover by UBS Group AG earlier this year.
IMF Reaches Pact With Bangladesh in Step Toward More Funds
Bangladesh has reached a pact with the International Monetary Fund that would allow the country to receive further funds under a $4.7 billion loan package.
Russia Detains Journalist With US Citizenship in New Crackdown
A journalist with dual Russian and US citizenship faces as much as five years in prison after being detained in Russia and charged with failing to register as a “foreign agent,” her employer said Thursday.
Sunak Tells Israel ‘We Want You to Win’ on Middle East Trip
UK Prime Minister Rishi Sunak embarked on a round of high-stakes Middle East diplomacy with an echo of Britain’s wartime leader Winston Churchill, saying that Israel is facing “its darkest hour” and telling Israeli premier Benjamin Netanyahu: “We want you to win.”