China Names Pan Gongsheng as New Central Bank Governor to Revive Economy
China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution
2023-07-25 19:23
Europe's strategy to boost its computer chip industry and compete with Asia gets final approval
European Union member states have given final approval for the bloc’s master plan to expand semiconductor production
2023-07-25 19:22
US distillate stocks fail to make summer recovery amid refinery outages
By Laura Sanicola U.S. diesel, heating oil and jet fuel stockpiles have failed to recover from the 10-year
2023-07-25 19:19
China Names Wang Yi New Foreign Minister to Replace Qin Gang
China’s Qin Gang has been removed from his post as foreign minister and replaced by his predecessor Wang
2023-07-25 19:18
General Motors Q2 earnings rise 52% on strong sales, prices and automaker raises outlook for 2023
General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago
2023-07-25 18:58
GM earnings soar
General Motors reported its second-quarter earnings surged 59%, and the company raised its full-year profit outlook.
2023-07-25 18:54
RV industry steers through post-pandemic US slump
By Timothy Aeppel The U.S. economy may ultimately skirt a recession, but it's felt like one for months
2023-07-25 18:53
Some Airbnb hosts try to beat Argentina's inflation with dollar rates and tax avoidance
By Anna-Catherine Brigida and Eliana Raszewski BUENOS AIRES As Argentina's inflation rate soared past 100% and the value
2023-07-25 18:47
Asia-Pacific needs disaster warning systems to counter rising climate change risks, report says
A United Nations report says the Asia-Pacific region needs to drastically increase its investments in disaster warning systems and other tools to counter rising risks from climate change
2023-07-25 18:28
No happy dance in the cards as Fed ponders resilient US economy
By Howard Schneider WASHINGTON With the Federal Reserve steaming toward another interest rate hike this week, policymakers face
2023-07-25 18:27
Exclusive-US senators seek salary information from Fed's inspector general
By David Morgan and Costas Pitas WASHINGTON Republican Senator Rick Scott and Democrat Elizabeth Warren have asked for
2023-07-25 18:24
London court revives $3.5 billion mass forex lawsuit against banks
LONDON A proposed 2.7 billion pound ($3.46 billion) mass lawsuit against major banks including JPMorgan and Citigroup over
2023-07-25 18:23