Some Chinese institutions borrow at 50% rate as liquidity squeezed
SHANGHAI Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50% on Tuesday, as
2023-10-31 21:18
US annual home price growth accelerates in August, FHFA says
U.S. annual home price growth accelerated for a third straight month in August, underscoring the recovery of the
2023-10-31 21:16
India-led alliance set to fund solar projects in Africa in a boost to the energy transition
An alliance of nations that push for more solar power worldwide are set to announce nearly $35 million for projects such as mini grids and rooftop installations, mainly in Africa, according to the group’s director general
2023-10-31 19:58
3 energy companies compete to build a new nuclear reactor in the Czech Republic
Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP, have submitted their final bids to build the Czech Republic’s newest reactor at the Dukovany nuclear power station as the country strives to become more energy-independent and wean itself off fossil fuels
2023-10-31 19:57
JPMorgan Says Global Outlook Will Limit Latin America’s Interest Rate Cuts
Latin American central bankers who led the world into post-pandemic interest rate cuts will now temper their easing
2023-10-31 19:56
Pfizer swings to loss as COVID product demand slump sparks charges
(Reuters) -Pfizer on Tuesday reported its first quarterly loss since 2019, as demand fell for its COVID products and it
2023-10-31 19:53
Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold
2023-10-31 19:47
Euzo zone inflation, growth slow as ECB hikes weigh
By Francesco Canepa FRANKFURT Inflation in the euro zone hit a two-year low a month after its economy
2023-10-31 19:46
Britain's AI summit: what can it achieve?
By Martin Coulter LONDON (Reuters) -Britain will host the world's first global artificial intelligence (AI) safety summit this week to
2023-10-31 19:16
Caterpillar profit rises on construction equipment demand
By Bianca Flowers and Shivansh Tiwary (Reuters) -Caterpillar reported a rise in third-quarter profit on Tuesday, as strong infrastructure investments
2023-10-31 18:56
Analysis-Evergrande will struggle to revive its debt restructuring plan
By Clare Jim, Xie Yu and Scott Murdoch HONG KONG China Evergrande is trying to stave off liquidation
2023-10-31 18:55
Biden administration takes on JetBlue as its fight against industry consolidation goes to court
The Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines
2023-10-31 18:45