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...Hunt’s Budget maintained a tight grip on public spending to help finance a £10bn a year cut in national insurance contributions....
...It is also the biggest fund ever raised by Brookfield, which manages $850bn across sectors spanning real estate, credit and insurance, renewable energy and corporate buyouts....
...US Federal Reserve chair Jay Powell said on Tuesday it was likely to take “longer than expected” for inflation to fall to the central bank’s target level and make rate cuts appropriate....
...It is expected to exit the continent 5,400km north-east at Newfoundland, Canada, just after 5pm local time, and head over the Atlantic Ocean....
...The Arkansas-headquartered company brought in about $172bn in consolidated net sales in the three months to January....
...Tesla has been forced to go back to the drawing board after residents of the east German town of Grünheide, the site of its only European assembly plant, overwhelmingly rejected a plan to massively expand...
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
...With both sides playing hardball, Hamas leaders in Gaza are aware their only “insurance policy” and leverage in the talks are the hostages, said Dalalsha....
...The Strinda tanker was hit by an anti-ship cruise missile while passing through the strait, US central command said on Tuesday....
...Oil markets have been less affected by the disruptions, with many companies still willing to traverse the Red Sea route, according to Vortexa, despite facing higher insurance costs....
...Profits may be hit by additional fees as part of the Federal Deposit Insurance Corporation’s plan to recover losses associated with rescuing Silicon Valley Bank and Signature Bank last year, most of which...
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Communists traditionally lay flowers at the site of the Soviet leader’s grave in the Kremlin walls US: Super Tuesday for the presidential primary elections, with voting taking place in Alabama, Arkansas...
...Eurozone debt prices have fallen this week ahead of the European Central Bank’s rate-setting meeting on Thursday, where investors will watch for any hints as to when the central bank will start lowering...
...The US military’s Central Command said the Houthis had fired on the helicopters as they responded to a distress call from the Maersk ship....
...But analysts warn it will not change the “east rises, the west falls” narrative. 2....
...The bond, which Trump had to post in order to pause the enforcement of the judgment while he appeals against it, was underwritten by the Knight Insurance Group in California, according to a filing to a Manhattan...
...China’s rival to Boeing and Airbus: State-backed aircraft maker Comac sees south-east Asia as its best opportunity for overseas sales of its new C919 passenger jet....
...Above-normal sea-surface temperatures had “recently expanded across the central and eastern equatorial Pacific”, it said....
...A version of this article was first published by Nikkei Asia on February 12. ©2024 Nikkei Inc. All rights reserved....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
..., Professor of Econometrics, University of East Anglia, Norwich, UK...
...A version of this article was first published by Nikkei Asia on December 18. ©2023 Nikkei Inc. All rights reserved....
...In its latest twice yearly Financial Stability Report, the US central bank flagged the potential for “broad adverse spillovers to global markets” in the event that the Middle East conflict and the war in...
...Central banks, including the Federal Reserve and European Central Bank, will be influenced by an elusive and controversial concept: the so-called neutral rate of interest — the borrowing rate that keeps...
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