Oil Tests Central Bankers’ Nerves With Mideast on ‘Knife Edge’
Global central bankers fretting about geopolitics just got another sharp reminder overnight about the potential threat that the Middle East poses to their inflation fight.
Global central bankers fretting about geopolitics just got another sharp reminder overnight about the potential threat that the Middle East poses to their inflation fight.
Germany is looking at buying four additional Patriot missile-defense systems at a cost of as much as €1.2 billion ($1.3 billion) on top of the four Chancellor Olaf Scholz’s government ordered in March.
Netflix Inc. shares tumbled the most in nine months on Friday as a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year.
Banco Santander SA Executive Chairman Ana Botin said the global economy is in a good state despite the geopolitical risks, with higher interest rates, strong employment and growth benefiting lenders in particular.
China’s securities regulator said it will encourage the nation’s companies to list in Hong Kong as it unveiled a package of measures to bolster the city’s position as an international financial hub.
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