Continental Cuts Sales Forecast as Tire Market Softens in Europe
Continental AG cut its sales outlook for the year on weakening markets for tires in Europe and North
2023-08-09 14:50
German Government to Approve Climate Fund Boost to €212 Billion
Chancellor Olaf Scholz’s government will on Wednesday approve a top-up of Germany’s special Climate and Transformation Fund by
2023-08-09 14:50
China Sprints Ahead in Race to Modernize Global Money Flows
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is
2023-08-09 12:26
The winning numbers for a $1.58 billion Mega Millions jackpot have been drawn
The winning numbers for Tuesday's estimated $1.58 billion Mega Millions jackpot -- which would be the largest in the lottery's history -- have been drawn.
2023-08-09 11:15
China Slides Into Deflation as Consumer, Producer Prices Decline
China’s consumer and producer prices both declined in July from a year ago, a sign of deflation pressure
2023-08-09 09:59
UAW Demands Would Add $80 Billion to US Carmaker Labor Costs
New contract demands made by the United Auto Workers union would add more than $80 billion to each
2023-08-09 08:27
Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
2023-08-09 06:20
KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:58
Inflation Is Ebbing, But Prices Are High and Americans Feel It
For all the talk that US inflation is cooling, it sure doesn’t feel like anything is getting cheaper.
2023-08-09 02:48
Rivian’s Wounded Shorts Set for Potential Squeeze
Investors betting against Rivian Automotive Inc. have a lot riding on the electric vehicle maker’s results later Tuesday,
2023-08-09 01:45
Disinflation Spreads in Emerging Markets and Selloff Deepens
A selloff in emerging markets accelerated Tuesday after data releases from China to Hungary underscored the price nations
2023-08-09 00:46
Meloni’s New Italian Populism Puts Investors, China on Notice
Giorgia Meloni’s economic policy has just taken a sharply populist turn, launching an assault on bank profits and
2023-08-09 00:27