Mack Trucks strike narrowly avoided as company reaches tentative deal with UAW union
A tentative contract agreement has been reached between Mack Trucks and thousands of its auto workers, the United Auto Workers union announced late Sunday, narrowly averting a strike at the company.
2023-10-02 17:59
UK House Prices Flat in September as Mortgage Crunch Eases
UK house prices held up better than forecast in September as the recent surge in mortgage rates showed
2023-10-02 14:51
China’s Precarious Economic Recovery Signals More Support Needed
China’s factories look to have stabilized for now, though the recovery has been far from swift and the
2023-10-02 14:19
BOJ to Purchase Additional Bonds to Curb Sudden Spike in Yields
The Bank of Japan announced it will add tenors to Wednesday’s bond-buying operation, showing its determination to curb
2023-10-02 13:20
Thai Airways Flights From China Almost Full After Visa Waiver
Thai Airways International Pcl says flights from China have been over 90% full after Southeast Asia’s second-largest economy
2023-10-02 12:48
UAW workers and Mack Trucks reach deal to avoid strike
(Reuters) -About 4,000 workers represented by the United Auto Workers (UAW) reached an agreement with Volvo Group-owned Mack Trucks just
2023-10-02 12:29
World Bank Cuts Growth Estimates for East Asia as China Falters
Developing economies in East Asia and the Pacific are set to see slower growth this year and next
2023-10-02 10:47
Asia’s Manufacturing Downturn Deepens Amid Depressed Demand
Manufacturing activity remained muted in Asia ahead of the peak holiday season, extending its protracted slump this year.
2023-10-02 10:29
Japan Manufacturers’ Sentiment Improves for Second Quarter
Confidence among Japan’s large manufacturers picked up for a second consecutive quarter, as the economy continued its patchy
2023-10-02 09:28
Why a US Recession Is Still Likely — and Coming Soon
When everyone expects a soft landing, brace for impact. That’s the lesson of recent economic history — and
2023-10-02 05:59
Saudi Wealth Fund Said to Hit Weak Demand for Marafiq Stake Sale
Saudi Arabia’s sovereign wealth fund delayed the potential sale of its remaining stake in a local utility firm
2023-10-01 22:51
McCarthy Faces Attempt by Far Right to Remove Him as Speaker
Kevin McCarthy’s embrace of a bipartisan deal to avert a US government shutdown has triggered a mutiny by
2023-10-01 22:27