Ramaphosa Rules Out South Africa Abandoning Neutral Stance on War in Ukraine
South Africa’s president insisted his country won’t be drawn into taking sides in the conflict between Russia and
2023-05-25 20:49
US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate
2023-05-25 20:46
Citi’s $7 Billion Banamex Sale Scuttled as AMLO Intervenes
Citigroup Inc. spent 16 months preparing its Banamex unit for a sale that ultimately fizzled after meddling by
2023-05-25 19:49
Shift to clean energy accelerating, but coal investments too high, report says
The International Energy Agency says energy security concerns and policy support from rich countries are speeding up reliance on clean energy
2023-05-25 19:47
Turkey Holds Rate Again With Lira Feeling Heat Before Runoff
Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira
2023-05-25 19:27
The F-16 Jets Kyiv Wants Won’t Fly in Ukraine Any Time Soon
Ukraine faces a long wait before it can deploy F-16s against Russia, as US and European allies begin
2023-05-25 19:26
Goldman Says US Mutual Funds Suffer From Big Tech Aversion
A reluctance by US mutual funds to invest in big tech stocks, which have staged a ferocious rally
2023-05-25 18:59
Germany economy shrinks in first quarter, signaling one definition of recession
The German economy has shrunk unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession
2023-05-25 18:49
UK household energy bills to fall in July, bringing some relief in cost-of-living crisis
Britain’s energy regulator says the typical household energy bill will come down by around $495 a year starting in July as global wholesale energy prices decline
2023-05-25 18:48
ECB’s Guindos Says Wages, Margins Pose Upside Inflation Risk
European Central Bank Vice President Luis de Guindos said upside dangers to inflation stem from rising wages and
2023-05-25 18:47
Nvidia close to becoming first trillion-dollar chip firm after stellar forecast
By Aditya Soni For Nvidia Corp, the boom in generative artificial intelligence (AI) is everything, everywhere, all at
2023-05-25 17:54
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:51