The Bank of Korea (BOK) must keep raising interest rates until the rate of inflation is in decline, but the central bank likely could not halt its tightening before the…
Category: Business
Brazil soccer clubs poised for gold rush to reduce gap to Europe’s elite
A new law allowing soccer clubs in Brazil to seek outside investment is attracting hundreds of millions of dollars to a country renowned as football's biggest source of talent, a…
Japan’s Suzuki drives deeper into India with global R&D unit
Suzuki Motor Corp (7269.T) will set up a global research and development company in India, its president said on Sunday, pushing deeper into a market that is set to become…
Norway’s Equinor eyes sale of stake in Statfjord field, presentation shows
Norway's Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes in several satellite fields, a presentation seen by…
Wall St Week Ahead U.S. summer stock rally at risk as September looms
The 10.7% rally in the S&P 500 (.SPX) from its June lows is stumbling as it runs into what has historically been the toughest month for the U.S. stock market,…
In Poland, where coal is king, homeowners queue for days to buy fuel
In Poland's late summer heat, dozens of cars and trucks line up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for days and nights…
Dell ceases all Russian operations after August offices closure
Dell Technologies Inc. said on Saturday it had ceased all Russian operations after closing its offices in mid-August, the latest in a growing list of Western firms to exit Russia.…