China's factory sector contracts for fourth straight month, raising urgency for more stimulus
China's factory sector has contracted for a fourth straight month, while a gauge of its services sector has slipped to a seven month low, raising pressure on policymakers to deliver more stimulus to reinvigorate a stumbling economy as global and domestic demand softens.
2023-07-31 14:48
BT Names Allison Kirkby CEO, Replacing Philip Jansen in January
BT Group Plc named Telia boss Allison Kirkby Chief Executive Officer, taking over from Philip Jansen. Kirkby will
2023-07-31 14:29
Top Retailers Join Alipay+ Premier Partner Program to Enhance Marketing Effectiveness With Cross-border Digital Toolkit
SINGAPORE--(BUSINESS WIRE)--Jul 31, 2023--
2023-07-31 14:24
Everything China Is Doing to Juice Its Flagging Economy
China has made a number of pledges recently to revive the economy’s recovery and improve the business environment
2023-07-31 14:15
Analysis-Dwindling excess savings could scupper markets' soft-landing hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON Markets have high hopes for a soft landing for the economy,
2023-07-31 14:15
Eskom Latest: Unplanned Outages Drop by 2,000 MW
Unplanned outages at state power utility Eskom Holdings Ltd.’s generating fleet fell to less than 16,000 megawatts in
2023-07-31 13:50
Cheap Beer Choices Hold Earnings Risk for Europe’s Brewers
It’s been a sobering earnings season for Europe’s corporations so far. While a higher portion has exceeded consensus
2023-07-31 13:50
Goldman, Morgan Stanley See BOJ Tweak Boosting Japan Stocks
Strategists at Morgan Stanley and Goldman Sachs Group Inc. see the Bank of Japan’s tweak of yield-curve control
2023-07-31 13:46
Foxconn unit to sign $194 million components plant deal with India's Tamil Nadu-source
By Munsif Vengattil and Praveen Paramasivam CHENNAI (Reuters) -A Foxconn unit will on Monday sign an agreement with India's Tamil
2023-07-31 13:29
A Record $90 Billion in Ship Orders Loom Over Boom-Bust Industry
The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented
2023-07-31 13:25
Gas-Rich Turkmenistan Is Running Out of Time to Feed Europe’s Fuel Appetite
Turkmenistan, which sits atop the world’s fourth-largest natural gas reserves, is running out of time in its efforts
2023-07-31 13:24
Heineken Lowers Earnings Forecast as Beer Consumption Drops
Heineken NV lowered its earnings guidance as consumers bought less beer after the brewer imposed major price increases,
2023-07-31 13:22