UK inflation falls by more than anticipated to 15-month low of 7.9%; may limit interest rate hikes
Inflation in the U.K. has fallen by more than anticipated to a 15-month low a development that may ease the pressure for the Bank of England to raise interest rates sharply over the coming months, to the potential relief of struggling households
2023-07-19 15:28
Gucci CEO Bizzarri to Leave as Label’s Slump Drags on Kering
Gucci Chief Executive Officer Marco Bizzarri is set to leave the brand as owner Kering SA moves to
2023-07-19 15:24
Climate and violence hobble Nigeria's push to rely on its own wheat after the hit from Russia's war
Nigeria is trying to make Africa’s largest economy reliant on its own wheat production
2023-07-19 15:23
China Junk Bonds Suffer Worst Slide of 2023 as Defaults Mount
China’s high-yield dollar bonds are suffering their sharpest three-day selloff this year, with a fresh default from a
2023-07-19 14:51
Europe Car Sales Rise 19% With Growth Streak Nearing a Full Year
Auto sales in Europe rose in June as growing demand for electric cars and improved parts supply helped
2023-07-19 14:25
Turkish Rates Anomaly Persists With Policy Reboot Going Slow
Turkish savers still get far higher interest on deposits than lenders charge for commercial credit, an anomaly that’s
2023-07-19 14:22
UK June inflation rate lower than expected at 7.9%
LONDON British annual consumer price inflation fell to a lower than expected 7.9% in June, figures from the
2023-07-19 14:15
China Names Ex-Intelligence Official as HK Security Chief
China named a former top official from its secret intelligence agency the new head of Beijing’s national security
2023-07-19 13:29
South Korea’s LG Unveils AI Software for Use Across Its Units
South Korea’s LG Group introduced an upgraded version of its artificial intelligence software, and demonstrated how it can
2023-07-19 13:29
'Oppenheimer' stirs up conflicted history for Los Alamos and New Mexico downwinders
An upcoming movie about a man who changed the course of the world’s history by shepherding the development of the first atomic bomb is expected to be a blockbuster
2023-07-19 13:18
China Tech Overseer Plans Computing Power Push to Back AI Boom
China plans to craft policies to accelerate the build-out of nationwide computing infrastructure, seeking to lay the digital
2023-07-19 12:49
World Bank Chief Eyes Corporate Philanthropy to Raise Funds
World Bank President Ajay Banga is preparing to pitch for private capital and corporate social responsibility funds to
2023-07-19 12:48