UBS expects to seal Credit Suisse takeover as early as June 12
[ad_1] UBS expects to complete its takeover of Credit Suisse "as early as June 12", which will create a giant Swiss bank with a balance...
Erdogan’s new pick for Turkish finance minister has markets hoping for economic orthodoxy
[ad_1] Turkey's President Recep Tayyip Erdogan has named former economy chief Mehmet Simsek as his new treasury and finance minister.Source: World Economic ForumIn the unveiling...
Is China heading for Japan-like stagnation? Economist says the worst is likely behind us
[ad_1] A food delivery worker sits outside a restaurant at a shopping mall in Beijing on May 30, 2023.Jade Gao | Afp | Getty ImagesBEIJING...
Oil prices pop 2.5% after Saudi Arabia pledges more voluntary production cuts
[ad_1] Imaginima | E+ | Getty ImagesOil prices jumped following OPEC kingpin Saudi Arabia's decision to cut production by another million barrels per day.On Sunday,...
OPEC+ sticks to 2023 oil production targets as Saudi Arabia announces further voluntary cuts
[ad_1] Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud arrives for the Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna on June 3,...