FedEx’s Forecast Falls Short of Estimates Amid Weak Demand
FedEx Corp. gave a 2024 profit outlook below analyst expectations as a drop in package demand offsets Chief
2023-06-21 17:15
El Nino Raising Risk of Southeast Asia Haze Crisis This Year
Singapore, Indonesia and Malaysia may face the most severe haze in at least five years due to the
2023-06-21 16:26
BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
2023-06-21 15:49
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
2023-06-21 15:45
UK Inflation Overshoots Again, Heaping Pressure on BOE
UK inflation remained higher than expected for a fourth month, ratcheting up pressure on the Bank of England
2023-06-21 14:52
Shein Deal to Re-Enter India Comes With Strict Licensing Rules
Chinese-founded online fast-fashion giant Shein won approvals to re-enter India only after agreeing to a stringent licensing deal
2023-06-21 14:51
Apple’s Taiwan Suppliers See Sales Falter Again on Slow Demand
Revenue among Taiwan’s major Apple Inc. suppliers fell for a fourth straight month in May, as high living
2023-06-21 14:25
Europe Car Sales Rise in May on Surging Demand for EVs
Auto sales in Europe continued their upward trajectory in May, rising for the 10th month in a row,
2023-06-21 14:24
Canal+ to Buy Minority Stake in PCCW’s Viu Unit for $300 Million
Canal+, the French broadcaster owned by billionaire Vincent Bollore’s Vivendi SE, has agreed to buy a significant minority
2023-06-21 13:58
China Stimulus Calls Mount From State Media, Top Advisers
Chinese policymakers are facing growing calls for economic stimulus, this time from several prominent state media and top
2023-06-21 13:50
Plunging Solar Stocks Fly in Face of Booming Panel Demand
In many ways the solar power industry has never been better, as the race to slow the pace
2023-06-21 13:49
China Extends Tax Breaks for New Energy Vehicles Until 2027
China extended tax breaks for consumers buying clean cars through 2027, estimated to be worth 520 billion yuan
2023-06-21 13:45