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Julius Baer Assets Rise as Inflows Accelerate
The private banking group reported an increase in assets under management as inflows of money from clients in key markets accelerated from the midyear point.Business - The Wall Street Journal - 9 hours ago -
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Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.Business - Inc. - October 23 -
AT&T’s stock rises as subscriber beat overshadows a big charge
The telecom giant took a $4.4 billion goodwill impairment charge related to its business-wireline unit, which is under pressure as business customers cut back on legacy voice services.Business - MarketWatch - October 23 -
Rising insurance costs are another storm gathering over commercial real estate
Skyrocketing insurance premiums are a growing problem — and not only for homeowners.Business - MarketWatch - October 23 -
Hong Kong Exchange Operator's Profit Rises on Strong Trading, Listings
Hong Kong’s stock-exchange operator reported higher profit for the second straight quarter as improved market sentiment boosted trading and listing activity.Business - The Wall Street Journal - October 23 -
‘Drugs were everywhere’: the rise and fall of the NBA’s cocaine era
Recreational drug use boomed in the 1980s and basketball was far from immune. The trend ended careers as the NBA clamped down. Micheal Ray Richardson was a brilliant player: a four-time NBA ...World - The Guardian - October 23 -
Tokyo Metro rises 45% on debut in Japan’s biggest IPO since 2018
Underground railway network has raised $2.3bn in heavily oversubscribed listingWorld - Financial Times - October 23 -
UK to slash overseas aid in Budget as asylum seeker costs rise
International development organisations warn country’s contribution could slump to its lowest level in 17 yearsBusiness - Financial Times - October 22 -
Global rise of populism causing more authoritarianism in Africa – report
‘Moral threshold coming down,’ warns Mo Ibrahim, as his index of governance reveals widespread decline in 10 years. The global rise of populism and “strongmen” has led to an increase in ...World - The Guardian - October 22 -
The UK and Germany Agree on New Defense Pact as Russia Threat Rises
The two governments said they will coordinate more on defense, with British and German troops conducting joint military exercises on NATO’s eastern border.World - The New York Times - October 22