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...(In Neumann’s case, even a small portion of that $1bn buys a large chunk of WeWork creditors’ attention.)...
...While US and European indices have chalked up a succession of record highs this year, the FTSE 100 has yet to eclipse its February 2023 peak, despite enjoying its best week since September as investors have...
...Jooste’s death comes a day after the country’s financial regulator issued a record individual fine against the 63-year-old of R475mn ($25mn) for publishing false financial statements between 2014 and 2017...
...Russia’s largest lender Sberbank made a record net profit of Rbs1.5tn ($16.3bn) in 2023, as the country’s financial sector recovers from the first hit of western sanctions.Sberbank’s IFRS full-year results...
...The price of gold has surged to a record high, driven by growing expectations of US interest rate cuts, investors hunting for haven assets and months of prodigious buying by central banks and Chinese investors...
...The cobalt market has been overwhelmed by a record glut as Chinese companies boost their output, with the surplus of the key electric car battery metal set to last until 2028, according to an influential...
...Eleven companies dubbed the “Granolas” propelled European stocks to a record high this week, with their outsized contribution echoing the better-known “Magnificent Seven” in the US....
...Medicine shortages like the one affecting methotrexate recently reached record highs across countries in Europe and hit a 10-year peak in the US last year....
...London’s FTSE 100 closed in on its record high on Friday as investors grew more confident that the central bank would make multiple interest rate cuts this year....
...UK rents rose by a record 9 per cent last month despite stagnant house prices, as higher borrowing costs squeezed both landlords and tenants....
...Investors are pouring record amounts of money into US farmland as they snap up an asset expected to outperform as the world’s population grows sharply while natural resources become scarcer....
...The tech-heavy Nasdaq Composite advanced 0.5 per cent, closing just shy of a record it set last week. The small-cap focused Russell 2000 added 2.1 per cent....
...European stocks slipped from a record closing high, while London’s FTSE 100 closed out its biggest weekly gain since September....
...Shares of US chipmaker Micron surged to a record high after it reported on Wednesday a swing to profit and a bullish outlook spurred by artificial intelligence demand....
...Canada’s main stock index, the TSX Composite, closed 0.2 per cent higher, topping a record close set in April 2022. The Bank of Canada on Wednesday said it expected to cut interest rates this year....
...The global average temperature in February was 1.77C above the pre-industrial average and marked the ninth month in a row of record heat, the Copernicus Climate Change Service said....
...Global stocks from the US and Europe to Japan have touched record levels in the first part of this year, with signs of life in the markets for initial public offerings and new highs in everything from gold...
...More than 90 per cent of S&P 500 stocks closed higher, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...The head of bellwether retailer Next has said the outlook for UK consumer confidence was the best he has seen in seven years, as pay rises encourage shoppers to spend, sending its shares to a record high...
...On Friday, the company said it made a record pre-tax profit of £627mn in the three months to the end of December, almost three times higher than a year earlier, after sales of the latest Range Rover drove...
...Rich countries’ borrowing is set to hit a record high this year as they are forced to refinance debt at higher rates, the OECD has said, putting a squeeze on many governments’ spending plans....
...BlackRock’s iShares Bitcoin Trust (IBIT) needed less than two months from its January 11 launch to reach that landmark, beating Invesco QQQ’s record of just over a year, according to Morningstar....
...El Niño, the naturally occurring weather phenomenon associated with a warming of the Pacific Ocean, helped make 2023 a record year for heat....
...Despite pledges by more than 150 countries to crack down on methane emissions at COP28 in Dubai in December, emissions remain near record levels....
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