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Disappointing China Loans Is a Cry for More Easing, Analysts Say
Disappointing China Loans Is a Cry for More Easing, Analysts Say
The plunge in China’s new loans in July is reinforcing fears of deflation and a worsening economic slowdown,
2023-08-11 18:17
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
2023-08-11 17:52
Russia’s War Economy Is on Course to Recover From Sanctions Hit
Russia’s War Economy Is on Course to Recover From Sanctions Hit
Russia’s economy may return to its pre-war level as soon as next year as it adapts to the
2023-08-11 17:48
Energy Department announces largest-ever investment in 'carbon removal'
Energy Department announces largest-ever investment in 'carbon removal'
The Department of Energy announced Friday it is awarding up to $1.2 billion to two projects that promise to remove carbon dioxide from the air in what officials said was the largest investment in “engineered carbon removal” in history
2023-08-11 17:28
Biden administration to invest $1.2 billion in projects to suck carbon out of the air
Biden administration to invest $1.2 billion in projects to suck carbon out of the air
The Biden administration will announce on Friday its first major investment to kickstart the US carbon removal industry -- something energy experts say is key to getting the country's planet-warming emissions under control.
2023-08-11 17:26
Latvian Leader to Form New Government After Talks Break Down
Latvian Leader to Form New Government After Talks Break Down
Latvia’s premier said he’ll seek to form a new government with the country’s opposition after his coalition allies
2023-08-11 17:24
Hong Kong Q2 GDP expands 1.5% y/y
Hong Kong Q2 GDP expands 1.5% y/y
HONG KONG Hong Kong's economy expanded 1.5% in the second quarter from a year earlier, government data showed
2023-08-11 16:57
Subway is now charging extra for a cheese slice in India
Subway is now charging extra for a cheese slice in India
Subway sandwiches in India will no longer come with the option of a free cheese slice following revisions to its menu that analysts say are more about cost-cutting than just a matter of taste.
2023-08-11 16:49
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
2023-08-11 16:48
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
2023-08-11 16:27
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:49
Italy to Get up to 20% of Telecom Italia Network in KKR Deal
Italy to Get up to 20% of Telecom Italia Network in KKR Deal
KKR & Co. signed a memorandum of understanding with Italy to include the government in its €23 billion
2023-08-11 15:21
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