Iceland’s central bank cut interest rates and predicted a cooling of the nation’s tourism industry will drive the North Atlantic island into a recession this year.
For the canny investor, the most negative yields since 2016 have done little to dim the allure of German bonds.
Mikhail Fridman has forced Spanish supermarket chain DIA’s lenders to accept his offer.
Goldman Sachs analysts have crunched the numbers and found that if China was to retaliate against the U.S. with a ban on sales of Apple Inc.’s products, this could wipe out 29% of the iPhone maker’s earnings.
Harald Krueger has his failings, but would the carmaker really be better served by a more aggressive or visionary chief executive?
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