A hot week in New York, New Jersey highlights hottest global Day on record
TRENTON, NJ – It’s been hot and humid in New Jersey all week, but the incident wasn’t isolated. Last week marked the hottest month globally …
Global
Biden Admin To Form Global Coalition Against Fentanyl. There’s Just One Problem
Biden Admin To Form Global Coalition Against Fentanyl. There’s Just One Problem Jennie Taer on July 7, 2023 The Biden administration is set to form …
Global investors extend buying streak into equity funds on signs of easing inflation
(Reuters) – Global investors extended their streak as net buyers of equity funds into a second week, drawing support from indications of cooling inflation that …
PIMCO CIO says preparing for ‘harder landing’ for global economy – FT
(Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest …
US dollar share of global reserves edges up in Q1, euro’s share dips – IMF
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the first quarter …
Global equity funds draw inflows on economic growth hopes
(Reuters) – Global investors turned net buyers of equity funds in the week to June 28 as solid economic readings fuelled hopes of U.S. growth, …
Global markets in H1: Banks vs the machines
By Marc Jones LONDON (Reuters) – The first six months of 2023 have been eventful for financial markets – from an artificial intelligence (AI) inspired …
Toyota’s May global sales jump as parts supply shortage eases
TOKYO (Reuters) – Japanese automaker Toyota Motor on Thursday reported a 10% jump in global sales for May from a year earlier, benefiting from growth …
S.Korea export downtrend likely slowed in June, offers hope for global trade: Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s downtrend in exports likely slowed in June, with the trade balance set to swing to a surplus …
Global inflation forecasters reflect on a ‘humbling task’
By Balazs Koranyi SINTRA, Portugal (Reuters) – Professional forecasters globally who have been blindsided by the recent surge in inflation acknowledged on Wednesday the need …
NYC targets coal and wood fire pizza ovens in global climate war
NEW YORK, NY – City officials have announced they will be requiring pizzerias with coal and wood fired ovens to cut their carbon emissions by …
Global initiative launched to rate corporate carbon offset claims
By Susanna Twidale LONDON (Reuters) – A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits …
AI model startup Reka raises $50 million led by DST Global Partners
By Krystal Hu (Reuters) -Reka, an AI model startup founded by former researchers from Alphabet’s DeepMind, has raised $50 million in a fresh round of …
Global central banks post losses on reserves in 2022; no quick recovery seen -survey
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Global central banks experienced losses managing their reserves last year amid bond-heavy allocations that took a major hit …
US new vehicle sales set to gain in June – S&P Global Mobility
(Reuters) – Sales of new vehicles in the United States are set to gain in June, helped by sustained demand for personal mobility, a study …
Chipmaker Wolfspeed secures $1.25 billion in debt funding led by Apollo Global
(Reuters) – Wolfspeed said on Monday that a group led by Apollo Global Management would make a debt investment of $1.25 billion in the chipmaker, …
Apollo Global leads debt investment in chipmaker Wolfspeed – media
(Reuters) – A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed …
CBP continues to set global standard in fight against forced labor one year of Uyghur Forced Labor Prevention Act implementation
WASHINGTON—CBP continues to lead U.S. government efforts to eliminate goods from the supply chain made with forced labor from the Xinjiang Uyghur Autonomous Region of …
Global equity funds see over $15 billion in outflows on rate hike worries
(Reuters) – Global equity funds suffered substantial outflows during the seven days to June 21 amid concerns over borrowing costs staying higher for longer as …
Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability …
WWF Russia cuts ties with global environment group, now labelled ‘undesirable’ by Moscow
MOSCOW (Reuters) -The Russian chapter of the global environmental campaign group WWF on Thursday said it had cut ties with WWF International after Russia designated …
Powell says he expects dollar to remain global reserve currency
(Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he expects the U.S. dollar to remain the world’s reserve currency as long as democratic …
JPMorgan commercial bank enters Singapore, Israel in global push
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s commercial bank is entering Singapore and Israel this year as its …
Macron’s Paris summit seeks new life for global finance agenda
By Leigh Thomas and Simon Jessop PARIS (Reuters) – French President Emmanuel Macron hosts a summit on Thursday and Friday to pin down a roadmap …
IMF working on global central bank digital currency platform
By Ahmed Eljechtimi RABAT (Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions …
Global equity funds attract biggest inflow in 12 weeks
(Reuters) – Global equity funds witnessed their largest inflow in 12 weeks, as stocks surged on expectations that subdued U.S. inflation data would prompt the …
BofA Global Research cuts 2023 China growth forecast after weak May data
(Corrects story identifier, also widens distribution) (Reuters) -BofA Global Research on Friday trimmed its China economic growth forecast for 2023, becoming the second Wall Street …
Chinese Hackers Infiltrate Global Governments, Organizations, Security Firm Says
Chinese Hackers Infiltrate Global Governments, Organizations, Security Firm Says Will Kessler on June 15, 2023 Chinese hackers are suspected of breaching the networks of public …
Global investment banks rush to cut yuan forecasts
SHANGHAI (Reuters) – Global investment houses have rushed to downgrade forecasts for the Chinese yuan after it weakened past the closely watched 7 per dollar …
Low-tax Switzerland votes on global minimum corporate tax rate
By John Revill ZURICH (Reuters) – Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to …
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
(Reuters) – Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June 7, as concerns over stubbornly …
World Bank Issues Dire Forecast For Global Economy: ‘Precarious Footing’
World Bank Issues Dire Forecast For Global Economy: ‘Precarious Footing’ Jason Cohen on June 6, 2023 The expansion of the global economy will significantly decelerate …
Exchange operator Cboe launches global listing offering
NEW YORK (Reuters) – Exchange operator Cboe Global Markets said on Friday it will let companies list across its U.S. and international exchanges, expanding in …
Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources
By Amy-Jo Crowley LONDON (Reuters) – The owners of All3Media, Britain’s largest independent TV production company, are exploring options that include cashing out on their …
Global airlines group to boost focus on non-CO2 emissions
By Joanna Plucinska LONDON (Reuters) – Global airlines are setting up a task force to deal with non-carbon dioxide (CO2) emissions, stepping up efforts to …
BOJ normalisation could strain global bond markets: ECB
FRANKFURT (Reuters) – Policy normalisation by the Bank of Japan could test the resilience of global bond markets, the European Central Bank warned on Wednesday …
Toyota’s April global sales rise on stronger demand in Japan, China
TOKYO (Reuters) – Toyota Motor Corp’s global sales rose by nearly 5% in April from a year earlier, boosted by stronger demand for hybrids and …
Deep-Pocketed Donors Bankroll Global Panel Cracking Down On ‘Misinformation’
Deep-Pocketed Donors Bankroll Global Panel Cracking Down On ‘Misinformation’ Jason Cohen on May 29, 2023 Foundations with large endowments and a history of bankrolling leftist …
Taiwan cuts GDP forecast, export outlook as global demand weakens
TAIPEI (Reuters) -Taiwan’s economy will probably grow more slowly in 2023 than previously forecast, the government’s statistics office said on Friday, as weakening global demand …
US trade chief seeks new thinking on global challenges as APEC ministers meet
By David Lawder DETROIT (Reuters) – U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC) trade ministers to “think creatively” …
Global Net Lease to buy Necessity Retail in $950 million all-stock deal
(Reuters) – Global Net Lease Inc will acquire Necessity Retail REIT Inc in an all-stock deal that would value the combined entity at about $950 …
World Bank seeks grants, new capital to fight global crises
By Karen Lema MANILA (Reuters) – The World Bank will press for more grants and new capital from member countries, even as it leverages its …
Ukraine courts Africa and ‘Global South’ as peace plans proliferate
By Tom Balmforth KYIV (Reuters) – Ukraine’s foreign minister began a tour of African countries this week, stepping up wartime Kyiv’s diplomatic push to challenge …
At G7, Japan and Germany want a rethink on the ‘Global South’
By Sakura Murakami and Andreas Rinke HIROSHIMA, Japan (Reuters) – Japan and Germany say it is time for a rethink of how some of the …
Global equity funds post outflows for fifth week in a row
(Reuters) – Global equity funds suffered outflows for a fifth straight week in the week to May 17, undermined by uncertainties over U.S. debt ceiling …
Global debt on the rise, EM crosses $100 trillion mark – IIF
By Rodrigo Campos NEW YORK (Reuters) – A measure of debt across the globe rose in the first quarter to almost $305 trillion, and the …
Global Entry enrollment upon arrival available at the Port of San Diego
SAN DIEGO– U.S. Customs and Border Protection offers Enrollment upon Arrival at the Port of San Diego, located at the San Diego International Airport, for …
JBS shares slump as Q1 shows global difficulties
By Ana Mano SAO PAULO (Reuters) – Shares in Brazilian food giant JBS SA fell more than 10% in early trade on Friday after the …
Paramount Global cuts 25% of staff in its domestic cable networks – Bloomberg News
(Reuters) -Media company Paramount Global, looking to reduce costs as it merges its Showtime and MTV networks, is letting go about 25% of the staff …
Apollo Global Q1 earnings fall 8%, missing estimates
By Chibuike Oguh NEW YORK (Reuters) – Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell 8% year-on-year, missing estimates, as …