GM Faces Labor Woes in Canada as Union Seeks Deal Like Ford’s
General Motors Co. is at risk of a shutdown of its Canadian plants as a strike deadline approaches
2023-10-09 05:27
Metal Trader Misery Undercuts Supercycle Hype as Losses Pile Up
The world’s metal traders are enduring one of their toughest periods in years, even as an international race
2023-10-09 02:50
Target Is Blaming Theft for Store Closures, But Landlords Say Otherwise
Target Corp. grabbed national headlines last week when it blamed worsening theft for its plan to shut nine
2023-10-08 23:25
Sweden’s Wallenberg Says Business Must Adapt to New World Order
Swedish business leader Marcus Wallenberg said companies and governments must adapt to a “completely new world order,” in
2023-10-08 22:17
Distressed Debt Anxiety Is Spreading Across Emerging Markets
Rapidly rising Treasury yields have brought back to emerging markets fears of a potential wave of defaults, with
2023-10-08 21:48
Rate Cliff Awaits Global Economy After Higher-for-Longer Plateau
The new higher-for-longer stage of global monetary policy may last only until the early months of 2024 as
2023-10-08 21:24
ECB’s Lagarde Says IMF Has Cut Global Growth Forecasts Except US
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. European Central
2023-10-08 20:50
Eskom Latest: Power Utility Suspends Outages; Rooftop Solar
South Africa’s power utility suspended rotational outages on Sunday following improved electricity generation in Africa’s most-industrialized economy. Loadshedding,
2023-10-08 20:47
Kenya’s Ruto, AfDB’s Adesina Say Tackling Climate Depends on Africa Debt Fix
Kenyan President William Ruto and the heads of two major finance and climate institutions said without a 10
2023-10-08 19:22
As Israel War Rages, Oil Traders Are Focused on Iran
As oil traders prepare for the market to open after the sudden eruption of war in Israel, one
2023-10-08 18:49
Visco Sees Concerns About Italy’s Long-Term Growth Potential: FT
The recent surge in Rome’s borrowing costs show investors are positioning for a combination of weak growth and
2023-10-08 17:28
Finland Reports Suspected Leak in Baltic Undersea Gas Pipeline
A suspected leak was detected overnight in an undersea gas pipeline connecting the Finnish and Estonian grids. Just
2023-10-08 16:49