Ford Shuts Down in Brazil, and China’s Top EV Maker Comes to the Rescue
(Bloomberg Markets) -- On Brazil’s east coast, the vast parking lot off Avenida Henry Ford sits empty. Shift workers once
2023-08-09 17:22
China slips into deflation as consumer prices fall for the first time in more than two years
The Chinese economy has slipped into deflation, with consumer prices falling for the first time in more than two years in another sign of weakening demand.
2023-08-09 17:22
UK Homebuilder Bellway to Cut Jobs as Pricey Mortgages Weigh
Bellway Plc is the latest UK housebuilder to say it plans to cut jobs as stubbornly high mortgage
2023-08-09 16:54
Sony Expects Smartphone Rebound Only in 2024 After China Fizzles
Sony Group Corp., the dominant supplier of camera sensors for smartphones, is pushing back expectations for a smartphone
2023-08-09 16:28
Fortum fights to sell seized Russian assets and get compensation
By Anne Kauranen HELSINKI Finnish utility Fortum still hopes to sell its Russian assets and get compensation for
2023-08-09 16:28
More Chinese graduates return to hometowns in depressed economy - state media
BEIJING Almost half of Chinese undergraduates returned to their hometowns last year within six months of graduation, state
2023-08-09 16:25
July Was the Hottest Month on Record
July was officially Earth’s hottest month on record, causing the Antarctic to shrink at a record pace and
2023-08-09 16:22
Italy Trims Bank Windfall Tax After $10 Billion Value Wiped Out
The Italian government backtracked on part of its new windfall tax on banks, saying it would introduce a
2023-08-09 15:59
Europe Cuts Back on Firefighters Even as Blazes Ravage Continent
Most countries in Europe are paring their army of firefighters even as the continent battles increasingly intense heat
2023-08-09 15:58
UK’s Voter Register Was Hacked. No One Noticed for 15 Months
Hackers were able to access UK voter registers undetected for 15 months, the Electoral Commission said, raising questions
2023-08-09 15:46
Deflation: Why falling prices in China raise concerns
The world's second largest economy has slipped into deflation for the first time in more than two years.
2023-08-09 15:29
European Stocks Jump as Banks Rebound After Italy-Fueled Rout
European stocks bounced, led by a jump in Italian banks, as investors weighed a clarification from Italy about
2023-08-09 15:26