(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. “Rising interest rates, credit tightening …
Global
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SYDNEY (Reuters) – New Zealand said on Monday it would cut its future budget allowances, reduce spending on consultants and for some government programmes citing a deterioration in the global …
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Volkswagen strikes direct supply deals for chips to avoid global shortage
by Reutersby ReutersBERLIN (Reuters) – Volkswagen has begun purchasing strategically important chips it believes will be in short supply globally directly from 10 manufacturers including NXP Semiconductors, Infineon Technologies and Renesas Electronics …
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Global stock market correction likely before year-end: Reuters poll
by Reutersby ReutersBy Hari Kishan BENGALURU (Reuters) – Global stock markets are heading for a correction in coming months, though overall they should post marginal gains between now and the end of …
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Analysis-With central banks’ job half done, global inflation talk is shifting
by Reutersby ReutersBy Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – Inflation has tumbled spectacularly across much of the world this year but the job is only half done, even if top central …
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Food delivery startup Getir to cut 11% of workers in global restructuring
by Reutersby ReutersLONDON (Reuters) – Turkish grocery delivery firm Getir announced a global restructuring on Tuesday, saying it plans to cut 2,500 jobs across five countries, or 10.9% of its total workforce. …
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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 has used politics to push …
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Explainer-Worker disputes at Australian LNG producers roil global gas market
by Reutersby ReutersBy 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 security with about 700 workers …
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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 Memphis, Tenn., and in Little …
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(Reuters) – Apollo Global Management is selling off a $500 million term loan given to Yellow Corp and dropping plans to extend financing to fund the freight group’s bankruptcy, the …
- US and World News
Exclusive-Silver Lake to explore sale of tax-free shopping firm Global Blue -sources
by Reutersby ReutersBy 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 company that enables retailers to …
- Business News
Global wealth projected to rise 38% by 2027, despite recent decline – study
by Reutersby ReutersZURICH (Reuters) – Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is projected to rise 38% by 2027, driven largely by emerging …
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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 allows expedited clearance for pre-approved, …
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Global money market funds draw biggest weekly inflow in 4-1/2 months
by Reutersby Reuters(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 Chinese economic data remained weak. …
- Business News
BYD calls on China automakers to unite, ‘demolish the old’ in global push
by Reutersby Reuters(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 viral, drawing both raves and …
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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 lows in margins on making …
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Australia’s InvoCare agrees to revised $1.2 billion buyout offer from TPG
by Reutersby ReutersBy 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 the funeral service provider at …
- Business News
KKR to buy Simon & Schuster for $1.62 billion from Paramount Global
by Reutersby Reuters(Reuters) – Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion in an all-cash deal, marking the end of a years-long …
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Global money market funds see largest inflows since March amid US downgrade, economic woes
by Reutersby Reuters(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 and weak economic data from …
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Canadian dollar prospects rise as analysts eye end of global rate hikes: Reuters poll
by Reutersby ReutersBy Fergal Smith TORONTO (Reuters) – Analysts have raised their bullish forecasts on the Canadian dollar as central banks globally, including the Federal Reserve, move closer to concluding interest rate …
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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 the Climate Emergency Fund (CEF) …
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Assurant profit beats on global housing unit strength, higher investment returns
by Reutersby Reuters(Reuters) – Insurer Assurant Inc sailed past Wall Street estimates for profit in the second quarter on Tuesday, on the back of growth in its global housing unit and higher …
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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) removed Republican presidential candidate Vivek …
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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 Blinken announced the launch of …
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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 economy continued into August, as …