Hard Landing Is Here for Trade, Roiling World Export Champs
Supply Lines is a daily newsletter that tracks global trade. Sign up here. As economists gauge the likelihood
1970-01-01 08:00
Global Covid cases up 80% as new subvariant rises
The number of new Covid-19 cases reported worldwide rose by 80 percent in the last month, the World Health Organization said on Friday, days after...
1970-01-01 08:00
Malaysia organizer seeks $2.7 million from British band whose gay kiss got a music festival canceled
The organizer of a Malaysian music festival is seeking $2.7 million in losses from British band The 1975 over a breach of contract
1970-01-01 08:00
Doctors in England walk off job again as pay dispute with UK government shows no progress
Tens of thousands of doctors in England have walked off the job for another four-day stretch, with growing concerns that their bitter pay dispute with the British government will drag on into the winter
1970-01-01 08:00
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
1970-01-01 08:00
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
1970-01-01 08:00
Energy Department announces largest-ever investment in 'carbon removal'
The Department of Energy announced Friday it is awarding up to $1.2 billion to two projects that promise to remove carbon dioxide from the air in what officials said was the largest investment in “engineered carbon removal” in history
1970-01-01 08:00
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
1970-01-01 08:00
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
1970-01-01 08:00
British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
The British economy unexpectedly grew in the second quarter of the year largely as a result of a strong rebound in June when many businesses, particularly in the leisure sector benefited from the warm and settled weather
1970-01-01 08:00
Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO
Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world
1970-01-01 08:00
UK Economy Stronger Than Expected After Coronation Holiday
The UK economy grew more strongly than expected in the second quarter after activity roared back in June
1970-01-01 08:00