Meloni’s New Italian Populism Puts Investors, China on Notice
Giorgia Meloni’s economic policy has just taken a sharply populist turn, launching an assault on bank profits and
2023-08-09 00:21
Oil and food prices are rising, and so are wages. Inflation isn't beaten yet
The fight against the steep price rises unleashed by the pandemic and war in Ukraine has been long and painful, with central banks hiking interest rates at a scorching pace to try to cool inflation.
2023-08-09 00:18
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:24
Investors bet on state-backed developers as Chinese property begins recovery
By Li Gu and Summer Zhen SHANGHAI/HONG KONG Investors betting on recovery in China's battered property sector are
2023-08-08 16:28
China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:20
Country Garden misses bond payments as China property fears flare
By Clare Jim HONG KONG (Reuters) -Country Garden said on Tuesday it has not paid two dollar bond coupons due
2023-08-08 15:23
SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:56
Why has Ireland got so much surplus cash?
The Republic of Ireland is predicted to have a €65.2bn (£56.3bn) budget surplus by 2027.
2023-08-08 13:46
Aussie banks margins seen falling; outlook key in high-rate environment
By Upasana Singh and Rishav Chatterjee Australia's biggest banks are likely to report narrower profit margins in the
2023-08-08 08:16
Beyond Meat earnings drop 30% with falling demand
Troubled plant-based meat company Beyond Meat posted a 30% revenue decline in the second quarter due to falling demand for its products, the company announced Monday.
2023-08-08 06:24
EV firm Proterra files for Chapter 11 bankruptcy
(Reuters) -Electric vehicle company Proterra has filed for Chapter 11 bankruptcy protection in the United States, according to a court
2023-08-08 05:50
Norway fines Facebook owner Meta over privacy breaches
By Gwladys Fouche OSLO (Reuters) -Facebook and Instagram owner Meta Platforms will be fined 1 million Norwegian crowns ($98,500) per
2023-08-08 03:59