FedEx’s Forecast Falls Short of Estimates Amid Weak Demand
FedEx Corp. gave a 2024 profit outlook below analyst expectations as a drop in package demand offsets Chief
2023-06-21 17:26
UK Bank Stocks ‘Back in Danger Zone’ as Rates Climb, Says Exane
British lenders are facing a “pain game” as interest rate hikes hurt the outlook for both loans and
2023-06-21 17:15
El Nino Raising Risk of Southeast Asia Haze Crisis This Year
Singapore, Indonesia and Malaysia may face the most severe haze in at least five years due to the
2023-06-21 16:26
BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
2023-06-21 15:53
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
2023-06-21 15:47
ECB’s Rehn Joins Race to Succeed Niinisto as Finnish President
Finnish central bank Governor Olli Rehn joined the race for the president of the Nordic country in the
2023-06-21 15:29
Canal+ to Buy Minority Stake in PCCW’s Viu Unit for $300 Million
Canal+, the French broadcaster owned by billionaire Vincent Bollore’s Vivendi SE, has agreed to buy a significant minority
2023-06-21 13:58
China Extends Tax Breaks for New Energy Vehicles Until 2027
China extended tax breaks for consumers buying clean cars through 2027, estimated to be worth 520 billion yuan
2023-06-21 13:55
European Firms Grow More Pessimistic on Doing Business in China
A record share of European companies say doing business in China is getting more difficult, with some already
2023-06-21 13:50
Chinese Official Blasts US Over Taiwan After Blinken-Xi Meeting
China accused the US of tampering with its political promises on Taiwan, days after a high-level meeting brought
2023-06-21 12:53
Titanic Vessel Search Detects Signs of Life, Explorers Club Says
An international exploration club with members on board the submersible missing near the Titanic wreck suggested “likely signs
2023-06-21 12:47
Jack Ma-Backed Ant Developing Large Language Model Technology
Jack Ma-backed Ant Group Co. is developing large-language model technology that will power ChatGPT-style services, joining a list
2023-06-21 12:24