US auto sales hint slowdown as economic woes weigh – S&P Global Mobility
(Reuters) -U.S.-light vehicle sales are expected to remain steadfast in August but are showing early signs of a slowdown, S&P Global Mobility said on Monday. …
Global
New Zealand cuts spending plans as China, global economies slow
SYDNEY (Reuters) – New Zealand said on Monday it would cut its future budget allowances, reduce spending on consultants and for some government programmes citing …
Volkswagen strikes direct supply deals for chips to avoid global shortage
BERLIN (Reuters) – Volkswagen has begun purchasing strategically important chips it believes will be in short supply globally directly from 10 manufacturers including NXP Semiconductors, …
Global stock market correction likely before year-end: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global stock markets are heading for a correction in coming months, though overall they should post marginal gains between …
Analysis-With central banks’ job half done, global inflation talk is shifting
By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – Inflation has tumbled spectacularly across much of the world this year but the job is only half …
Food delivery startup Getir to cut 11% of workers in global restructuring
LONDON (Reuters) – Turkish grocery delivery firm Getir announced a global restructuring on Tuesday, saying it plans to cut 2,500 jobs across five countries, or …
Global Environmentalist Phil Murphy Wants to Build City on Toxic Waste Site
TOMS RIVER, NJ (OP-ED)- Nobody has ever accused Governor Phil Murphy of being completely honest when it comes to politics and his policies. The Governor …
Explainer-Worker disputes at Australian LNG producers roil global gas market
By Sudarshan Varadhan and Lewis Jackson SINGAPORE/SYDNEY (Reuters) – Woodside Energy Group and U.S. major Chevron are locked in a dispute over pay and job …
CBP Hosting Enrollment Events in Memphis and Little Rock for Conditionally Approved Global Entry Applicants
NEW ORLEANS, La. — Over the next two weeks, U.S. Customs and Border Protection (CBP) officers will be hosting five-day Global Entry enrollment events in …
Apollo Global pulls out of Yellow’s bankruptcy financing plan
(Reuters) – Apollo Global Management is selling off a $500 million term loan given to Yellow Corp and dropping plans to extend financing to fund …
Exclusive-Silver Lake to explore sale of tax-free shopping firm Global Blue -sources
By Milana Vinn and Amy-Jo Crowley (Reuters) -Private equity firm Silver Lake is preparing to explore a sale of Global Blue Group Holdings Ltd, a …
Global wealth projected to rise 38% by 2027, despite recent decline – study
ZURICH (Reuters) – Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is projected to rise 38% by …
CBP announces Global Entry partnership with Dominican Republic
WASHINGTON – U.S. Customs and Border Protection announced today that citizens of the Dominican Republic are now eligible to apply for Global Entry, a program that …
Global money market funds draw biggest weekly inflow in 4-1/2 months
(Reuters) – Global money market funds attracted robust inflows in the week to Aug. 9, reflecting investor caution ahead of U.S. inflation readings and as …
BYD calls on China automakers to unite, ‘demolish the old’ in global push
(Reuters) – A patriotic call by China’s bestselling automaker to band the industry together and “demolish the old legends” of the global market has gone …
Refiners make hay as global profit margins rebound
By Mohi Narayan, Laura Sanicola and Ahmad Ghaddar NEW DELHI/WASHINGTON/LONDON (Reuters) – Global refiners are raking in hefty gains, fuelled by a rebound from second-quarter …
Australia’s InvoCare agrees to revised $1.2 billion buyout offer from TPG
By Rishav Chatterjee (Reuters) -Australia’s InvoCare Ltd said on Wednesday it has agreed to a lower takeover offer from U.S. private-equity firm TPG Global, valuing …
KKR to buy Simon & Schuster for $1.62 billion from Paramount Global
(Reuters) – Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion in an all-cash deal, marking …
Global money market funds see largest inflows since March amid US downgrade, economic woes
(Reuters) – Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets amid a U.S. credit downgrade …
Canadian dollar prospects rise as analysts eye end of global rate hikes: Reuters poll
By Fergal Smith TORONTO (Reuters) – Analysts have raised their bullish forecasts on the Canadian dollar as central banks globally, including the Federal Reserve, move …
American Liberal Elites Bankroll Org That’s Supporting A Global Network Of Law-Breaking Climate Activists
American Liberal Elites Bankroll Org That’s Supporting A Global Network Of Law-Breaking Climate Activists Nick Pope on August 2, 2023 Numerous American liberal elites bankroll …
Assurant profit beats on global housing unit strength, higher investment returns
(Reuters) – Insurer Assurant Inc sailed past Wall Street estimates for profit in the second quarter on Tuesday, on the back of growth in its …
World Economic Forum Removes Vivek Ramaswamy’s Name From ‘Young Global Leader’ List After Lawsuit
World Economic Forum Removes Vivek Ramaswamy’s Name From ‘Young Global Leader’ List After Lawsuit Harold Hutchison on August 1, 2023 The World Economic Forum (WEF) …
Biden Admin Announces New ‘Global Health Security’ Office Without A Single Mention Of COVID Origins
Biden Admin Announces New ‘Global Health Security’ Office Without A Single Mention Of COVID Origins Jake Smith on August 1, 2023 Secretary of State Antony …
Marketmind: Testing the ‘Goldilocks’ view of the global economy
A look at the day ahead in European and global markets from Kevin Buckland. The ‘Goldilocks’ view that equity investors are taking of the global …
Hong Kong quarterly GDP growth slows on sluggish global economy
HONG KONG (Reuters) – Hong Kong’s economic growth slowed in the second quarter from a year earlier, advance government data showed on Monday, with the …
Bolivia challenges global dollar dominance with Chinese yuan, Russian rouble
LA PAZ (Reuters) – Bolivia’s government is determined to curb dependence on the U.S. dollar for foreign trade, instead turning to the Chinese yuan, officials …
Global money market funds draw big weekly inflows on investor caution
(Reuters) – Global money market funds drew big inflows in the week to July 26, as investors were cautious ahead of major central banks’ interest …
Toyota’s global sales rise 5.1% to 4.9 million in first half of 2023
TOKYO (Reuters) -Japanese automaker Toyota Motor said on Friday it sold 5.1% more vehicles in the first half of 2023 compared with the same period …
UN Chief Proclaims New Era Of ‘Global Boiling’
UN Chief Proclaims New Era Of ‘Global Boiling’ Ireland Walker on July 27, 2023 United Nations Secretary-General Antonio Guterres declared that the era of global …
Carrier Global raises full-year profit forecast on strong demand
(Reuters) – Air conditioner maker Carrier Global on Thursday raised its full-year adjusted profit above Wall Street estimates, encouraged by robust demand for the company’s …
European banks flag bad loan risks as global economy falters
By Iain Withers, Valentina Za and Jesús Aguado LONDON/MILAN/MADRID (Reuters) – Europe’s major banks, including Deutsche Bank and Lloyds Banking Group, on Wednesday pointed to …
How hedge funds would trade global real estate woes
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Property markets knocked by high interest rates and the end of cheap financing have caught …
Lower production in Europe hits global steel output
LONDON (Reuters) – Global crude steel production fell 1.1% year on year to 943.9 million metric tons in the first half of 2023 due to …
Rate cut hopes outpace speed of global inflation decline: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Most central banks will cut interest rates in the first half of next year, even though the majority don’t …
US auto sales expected to rise again in July – S&P Global Mobility
(Reuters) – New U.S. light vehicle sales volumes are set to rise again in July as easing supply-chain snags help automakers ramp up production to …
‘Massive Economic Implications’: Tech Titan Launches Digital Currency Featuring Global ID
‘Massive Economic Implications’: Tech Titan Launches Digital Currency Featuring Global ID Jason Cohen on July 24, 2023 OpenAI CEO Sam Altman’s cryptocurrency initiative featuring a …
Global equity funds see first weekly outflow in four weeks
(Reuters) – Global equity funds witnessed their first weekly outflow in four weeks in the week to July 19, reflecting concerns over slower growth in …
Global hedge funds ditch losing trades after failing to beat the MSCI – Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge funds exited trades in the past week at their fastest pace since January and at one of …
Rio Tinto warns on global slowdown risks, production issues
By Melanie Burton and Navya Mittal MELBOURNE (Reuters) – Rio Tinto flagged concerns about a global economic slowdown on Wednesday as it logged a raft …
IMF chief: Prospects for medium-term global growth weak
GANDHINAGAR, India (Reuters) – Global economic activity is slowing, especially in the manufacturing sector, and medium-term growth prospects remain weak, the chief of the International …
‘Catastrophic’: Biden’s Policies Put US Dollar’s Global Dominance At Risk, Economists Say
‘Catastrophic’: Biden’s Policies Put US Dollar’s Global Dominance At Risk, Economists Say Jason Cohen on July 16, 2023 The policies of President Joe Biden’s administration …
Australia expects unemployment rate to rise as global economy slows
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Sunday that he expected the nation’s jobless rate to lift from near a 48-year low on …
Australia upbeat on global tax talks at G20 in India
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of …
G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation – Suzuki
By Tetsushi Kajimoto TOKYO (Reuters) -Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of …
House Committee Budget Proposes Another Million Dollars To Fight Global Antisemitism
House Committee Budget Proposes Another Million Dollars To Fight Global Antisemitism Kate Anderson on July 12, 2023 The House Appropriations Committee proposed Tuesday to add …
Global accounting firms set up shop in India’s smaller cities
By Manoj Kumar and Jatindra Dash and Sumit Khanna BHUBANESWAR, India (Reuters) – The world’s major accounting firms are stepping up investments in new Indian …
IMF’s Georgieva expects global growth around 3% for next five years
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday that the IMF expects global growth around 3% annually for the next …
Global PC shipments decline eases in Q2, Apple outperforms on MacBook Air demand – Canalys
(Reuters) – The decline in global personal computer shipments slowed in the second quarter, with Apple outperforming the market with a 51% jump thanks to …
Global hedge funds shine in June, driven by AI -HFR
NEW YORK (Reuters) – Global hedge funds posted gains of 2.2% in June, as artificial intelligence-related stocks surged and the banking crisis eased, data provider …