People in China are so worried about the economy they're asking for divine intervention
China's post-Covid reopening was supposed to be the stimulant that the world needed. But after an early burst of activity, growth in the world's second largest economy appears to be stalling.
2023-06-09 12:46
Russia’s Rate Pause to Reach Longest in Over 7 Years
Russia is poised to extend its interest-rate pause to the longest in more than seven years as the
2023-06-09 12:26
ECB Seen Headed for Goldilocks Moment With Rate Path Just Right
The European Central Bank will neither raise interest rates too far nor stop lifting them too early, according
2023-06-09 12:18
China’s BYD Launches Fang Cheng Bao ‘Formula Leopard’ Range
BYD Co. unveiled a new vehicle range called Fang Cheng Bao, expanding its lineup in the higher end
2023-06-09 10:47
China Should Cut Rates to Aid Recovery, Government Adviser Says
China should cut interest rates to alleviate private firms’ financing burdens and boost the economic recovery, according to
2023-06-09 09:47
Carmaker Toyota to invest $328 million in Mexico hybrid pickup plant
MEXICO CITY (Reuters) -Japanese carmaker Toyota will invest $328 million more in a plant in the central Mexican state of
2023-06-09 08:51
Carvana Short Sellers Lose $1 Billion After Record Rally
Short sellers in Carvana Co. just passed a grim milestone: more than $1 billion in losses this year.
2023-06-09 05:29
Carvana Shares Soar on Forecast of Better Financial Results
Shares in used-car retailer Carvana Inc. soared in Thursday trading after the struggling company said its operations are
2023-06-09 02:48
UK Wage Growth Accelerates at Record Rate, Indeed Says
Wage growth in the UK is growing at a record rate, according to data collected by Indeed Hiring
2023-06-08 21:47
Euro Zone Succumbs to Mildest of Recessions on Energy Shock
The euro area suffered the mildest possible recession during the winter after Russia’s war in Ukraine sent energy
2023-06-08 17:25
GoTo CEO Soelistyo to Step Down, Patrick Walujo Named Successor
Andre Soelistyo will step down as chief executive officer of GoTo Group, a surprise move that comes just
2023-06-08 17:24
Lithium Shortages Could Hand Salt a Starring Role in EV Shift
Carmakers who faced skyrocketing prices for lithium and other battery metals last year could increasingly adopt sodium-based cells
2023-06-08 15:26