Chinese e-commerce giants entice cautious consumers with steep mid-year discounts
By Casey Hall and Sophie Yu SHANGHAI China's e-commerce platforms are competing fiercely in the country's first major
2023-06-16 10:29
iPhone maker Foxconn to switch to cars as US-China tensions soar
The firm, which makes over half of the world’s Apple products, is looking for its next big growth driver.
2023-06-16 05:45
How will the Federal Reserve's rate hike pause affect the dollar?
The Fed's rate hiking campaign has helped pump up the US dollar, maintaining an unexpected strength that reverberates across the economy. However, with the Fed's pause, many experts believe the dollar's muscle may start to give out.
2023-06-16 05:20
Shoppers on food stamps buy less and go to food banks as benefits shrink
Kroger and other chains say customers on food assistance programs like SNAP are struggling as aid shrinks.
2023-06-16 00:59
Australia May employment blows past expectations, piling pressure on RBA
By Stella Qiu SYDNEY (Reuters) -Australian employment blew past expectations in May, while the jobless rate edged lower and participation
2023-06-15 11:23
Is the US trying to kill crypto?
The digital asset industry, already in turmoil, now faces a full-fledged battle with regulators.
2023-06-15 07:20
Potential Olympics sponsorship deal tests LVMH heir Antoine Arnault
By Mimosa Spencer PARIS The final shape of LVMH's likely Olympics sponsorship rests on Antoine Arnault, one of
2023-06-15 00:57
ECB’s €500 Billion Payoff Puts Italian Banks in the Firing Line
The European Central Bank is about to test the resilience of the continent’s banking industry by making lenders
2023-06-14 12:23
South Korea's jobless rate in May falls to record low
SEOUL South Korea's jobless rate fell in May to a record low, official data showed on Wednesday, indicating
2023-06-14 07:49
Investment bank may be liable for ex-partner's $25 million fraud: NY court
By Daniel Wiessner A Wall Street bank could be held liable for allegedly failing to stop a former
2023-06-14 07:22
US moves to block Microsoft's Activision takeover
Regulators have asked a judge to block the proposed deal, arguing it could harm competition levels.
2023-06-13 17:25
UK labour market shows unexpected strength - ONS
LONDON Britain's labour market looked much stronger than expected during the three months to April, according to data
2023-06-13 14:21