Wholesale inflation in US edged up in July from low levels
Wholesale price increases in the United States picked up slightly in July yet still suggested that inflationary pressures have eased this year since reaching alarming heights in 2022
2023-08-11 20:56
Severe floods in China's northern province killed 29 and caused tens of billions of economic losses
Severe floods in China’s northern province of Hebei brought by the remnants of Typhoon Doksuri this month killed at least 29 people and caused tens of billions in economic losses
2023-08-11 20:17
Doctors in England walk off job again as pay dispute with UK government shows no progress
Tens of thousands of doctors in England have walked off the job for another four-day stretch, with growing concerns that their bitter pay dispute with the British government will drag on into the winter
2023-08-11 18:56
Malaysia organizer seeks $2.7 million from British band whose gay kiss got a music festival canceled
The organizer of a Malaysian music festival is seeking $2.7 million in losses from British band The 1975 over a breach of contract
2023-08-11 18:52
China July new bank loans tumble, credit growth weakens further
By Kevin Yao and Qiaoyi Li BEIJING (Reuters) -China's new bank loans tumbled in July and other key credit gauges
2023-08-11 18:47
Energy Department announces largest-ever investment in 'carbon removal'
The Department of Energy announced Friday it is awarding up to $1.2 billion to two projects that promise to remove carbon dioxide from the air in what officials said was the largest investment in “engineered carbon removal” in history
2023-08-11 17:28
Biden administration to invest $1.2 billion in projects to suck carbon out of the air
The Biden administration will announce on Friday its first major investment to kickstart the US carbon removal industry -- something energy experts say is key to getting the country's planet-warming emissions under control.
2023-08-11 17:26
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
2023-08-11 16:48
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
2023-08-11 16:27
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:49
British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
The British economy unexpectedly grew in the second quarter of the year largely as a result of a strong rebound in June when many businesses, particularly in the leisure sector benefited from the warm and settled weather
2023-08-11 14:46
Stock market today: Asian stocks decline after US inflation edges higher
Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy
2023-08-11 14:29