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Canada reports surprise May jobs loss, unemployment rate rises to 5.2%
Canada reports surprise May jobs loss, unemployment rate rises to 5.2%
OTTAWA Canada unexpectedly shed jobs in May and the unemployment rate rose for the first time in nine
2023-06-09 21:25
Rising Profit Estimates Mask South Africa’s Frail Equity Outlook
Rising Profit Estimates Mask South Africa’s Frail Equity Outlook
Analysts have raised the earnings outlook for South Africa’s main equity index to an almost 11-year high. Money
2023-06-09 20:56
Why do businesses keep raising their prices?
Why do businesses keep raising their prices?
What's behind inflation? Some economists cite pandemic-era supply chain bottlenecks, the war in Ukraine and US economic policies; others corporate greed. But a new survey suggests the strength of customer demand has outsized influence on prices.
2023-06-09 20:25
Swiss government says it has reached agreement with UBS on loss guarantees
Swiss government says it has reached agreement with UBS on loss guarantees
ZURICH The Swiss government has signed an agreement with UBS to cover up to 9 billion Swiss francs
2023-06-09 16:29
Odey Asset Management tells investors 'confident' banks will continue to work with fund - letter
Odey Asset Management tells investors 'confident' banks will continue to work with fund - letter
By Nell Mackenzie LONDON Odey Asset Management "does not recognise the picture of the firm that has been
2023-06-09 15:16
Take Five: Skip, stop or go?
Take Five: Skip, stop or go?
It's a week of the central bank heavies with the U.S. Federal Reserve, European Central Bank and Bank
2023-06-09 14:58
Weak European Industry Is Keeping Gas Demand Depressed
Weak European Industry Is Keeping Gas Demand Depressed
Industrial demand for gas in Europe’s largest nations remains depressed despite lower prices, as an economic slowdown weighs
2023-06-09 13:49
People in China are so worried about the economy they're asking for divine intervention
People in China are so worried about the economy they're asking for divine intervention
China's post-Covid reopening was supposed to be the stimulant that the world needed. But after an early burst of activity, growth in the world's second largest economy appears to be stalling.
2023-06-09 12:57
China Mounts Six-Month Campaign to Get Car Sales Moving Again
China Mounts Six-Month Campaign to Get Car Sales Moving Again
China launched a six-month campaign to boost car purchases and drive electric vehicle adoption in rural areas as
2023-06-09 12:50
The Struggle to Electrify One of the World’s Dirtiest Industries
The Struggle to Electrify One of the World’s Dirtiest Industries
When construction workers arrived to begin transforming Oslo’s Olav Vs gate into a pedestrian promenade, locals rolled their
2023-06-09 12:15
TikTok-Owner Tests ChatGPT-Style Bot After Joining China AI Race
TikTok-Owner Tests ChatGPT-Style Bot After Joining China AI Race
ByteDance Ltd. is testing an artificial intelligence-powered chatbot among employees, joining rival Chinese internet conglomerates from Alibaba Group
2023-06-09 11:21
China’s BYD Launches Fang Cheng Bao ‘Formula Leopard’ Range
China’s BYD Launches Fang Cheng Bao ‘Formula Leopard’ Range
BYD Co. unveiled a new vehicle range called Fang Cheng Bao, expanding its lineup in the higher end
2023-06-09 10:52
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