Factbox-U.S. banks increase reserves for commercial real estate exposure
By Matt Tracy The U.S. commercial property market has faced severe challenges since the pandemic due to lingering
2023-07-21 23:59
China seeks to boost demand by pushing urban development - state media
BEIJING China's cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government's latest move to
2023-07-21 23:17
Stuck somewhere in Jersey? NJ sues to block New York City congestion plan
The state of New Jersey sued the Biden administration on Friday seeking to block New York City's congestion
2023-07-21 22:16
Canadian Retail Sales Starting to Stall as Higher Rates Bite
Canadian consumers may be ready to wind down their spending, with retail sales data showing waning momentum at
2023-07-21 21:58
Europeans are still flocking to the scorching Mediterranean. But extreme heat could dent bookings in future
Spain and Italy may still be among the most popular destinations for Europeans to take their vacations, but there are signs scorching weather in southern Europe has started to change travelers' calculations on where to go in the future.
2023-07-21 21:50
Embattled SBB’s Woes Worsen After Abrupt End to Brookfield Talks
SBB abruptly ended talks with Canada’s Brookfield Asset Management Ltd. over the sale of a 51% stake in
2023-07-21 21:22
Oil Heads for Fourth Weekly Gain on Signs of Market Tightening
Oil headed for a fourth weekly gain amid tentative signs that global markets are tightening. Brent futures advanced
2023-07-21 20:45
Nickel Set to Flood the LME, Turning Metal Squeeze Into Glut
The nickel market is at a “turning point” with a wave of supply of the battery metal about
2023-07-21 20:19
Russia Raises Rates for First Time Since Invasion Aftermath
Russia raised interest rates for the first time since emergency measures taken after the invasion of Ukraine almost
2023-07-21 19:49
Russian central bank ups 2023 GDP forecast as it hikes rates by 100 basis points
Russia's central bank raised its forecast for economic growth in 2023 even as it hiked rates by 100
2023-07-21 19:22
AutoNation's quarterly revenue beats estimates on new vehicle, services demand
U.S. auto retailer AutoNation posted better-than-expected revenue in the second quarter on Friday, as demand for new vehicles
2023-07-21 19:22
Russian central bank surprises with sharper-than-expected rate hike to 8.5%
MOSCOW Russia's central bank raised its key interest rate by a greater-than-expected 100 basis points to 8.5% on
2023-07-21 19:16