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U.S. Consumers Spurn Cars, Couches And Cruises, Results Show

U.S. consumers are exhibiting fragility ahead of the peak period for corporate results next month, as some are struggling to pay bills and others are slowing purchases of cars, sneakers, and household goods, the week's earnings show.
Sep 30, 2022

SocGen Picks Investment Banking Boss Krupa As Its Next CEO

France's third biggest bank, Societe Generale, said on Friday investment banking boss Slawomir Krupa had been chosen by the board to become its next chief executive, succeeding veteran banker Frederic Oudea who is due to step down next year.
Sep 30, 2022

IMF Says Ukraine War Prompts Worst Global Food Crisis Since At Least 2008

The Ukraine war's disruptions to grain and fertilizer flows have prompted the worst food security crisis since at least the one following the 2007-2008 global financial meltdown, with some 345 million people now facing life-threatening shortages, the International Monetary Fund said on Friday.
Sep 30, 2022

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