OPEC Data Suggest 2 Million-Barrel-a-Day Oil Supply Deficit as Saudis Cut
Global oil markets are on track for a sharp supply deficit of more than 2 million barrels a
2023-08-10 20:56
Egypt’s Inflation Hits New Record as Pound Devaluation Looms
Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on
2023-08-10 20:53
US consumer prices rise moderately in July; weekly jobless claims above expectations
WASHINGTON U.S. consumer prices increased moderately in July amid lower costs for goods, including used motor vehicles, a
2023-08-10 20:53
Consumer prices heated up in July, bucking a 12-month cooling streak
For the first time in more than 12 months, consumer prices heated up on an annual basis.
2023-08-10 20:48
Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal
Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri
2023-08-10 20:29
US investment curbs deal 'major blow' to Chinese startups
New constraints on US investments in advanced technology in China will exacerbate a slump in deals between the world's top two economies and deliver a "major blow" to Chinese startups, analysts and investors told CNN Thursday.
2023-08-10 20:18
UK’s Financial Watchdog Says Fund Managers Need to Justify Fees
The UK’s Financial Conduct Authority said asset managers need to justify the fees charged on their funds as
2023-08-10 20:16
Czech Inflation Slows Further as Market Sees Rate-Cut Debate
Czech inflation eased further in July, boosting arguments for the central bank to start discussions about the timing
2023-08-10 20:15
UK Weighs Measures to Crimp Investment in China After Biden
The UK is considering whether to follow President Joe Biden’s move to limit US investment in some Chinese
2023-08-10 19:56
Airlines will continue to fly fewer flights to New York and Washington as FAA faces staffing shortages
The federal government is allowing airlines to continue to run reduced flight schedules to major airports serving New York City and Washington in hopes of curbing flight cancellations and reducing the burden on short-staffed air traffic controllers.
2023-08-10 19:51
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
2023-08-10 19:51
Naira Extends Drop From Record as Black-Market Dollar Rate Soars
The Nigerian naira extended its slump in black-market trading as the nation’s dollar shortage deepened two months after
2023-08-10 19:49