Maersk Cuts Forecast for Global Trade as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
2023-08-04 14:46
German industrial orders post unexpected jump in June
BERLIN German industrial orders rose significantly more than expected in June due to large-scale orders in several sectors.
2023-08-04 14:28
Monte Paschi Profit Beats Estimates on Rising Rates, Lower Costs
Banca Monte dei Paschi di Siena SpA reported better than-expected earnings as it joined European peers in benefiting
2023-08-04 14:23
Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through
2023-08-04 14:22
Maersk posts Q2 profits above forecast, adjusts FY guidance upwards
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Shipping group A.P. Moller-Maersk on Friday reported second-quarter earnings above expectations, and adjusted its profit
2023-08-04 14:21
Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone
2023-08-04 14:20
Commerzbank Lifts Outlook for Lending as Rate Boost Persists
Commerzbank AG raised its outlook for lending income and said it will seek approval for another buyback as
2023-08-04 14:16
Buffett’s Favored Japan Trading Firms Post Solid Earnings
Japanese trading houses — a darling of Warren Buffett’s — posted strong earnings last quarter, despite a drop
2023-08-04 13:53
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:49
Oregon crabbers and environmentalists are at odds as a commission votes on rules to protect whales
The Oregon Fish and Wildlife Commission is set to consider extending rules restricting the number of crab traps in the water and how deep they can drop in the late-season months when humpback whales are more likely to swim there
2023-08-04 13:25
China's central bank keeps RRR cuts on table, as investors eye more support for economy
(Corrects attribution in paragraph 4 to Yuan Da of the NDRC, not Zou Lan of the central bank) BEIJING (Reuters)
2023-08-04 13:24
Japan's economy to pick up in Q2 despite slowing global demand: Reuters poll
By Leika Kihara TOKYO Japan's economy likely grew an annualised 3.1% in April-June to mark a third straight
2023-08-04 13:24