Maersk Cuts Forecast for Global Trade as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
1970-01-01 08:00
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
1970-01-01 08:00
German industrial orders post unexpected jump in June
BERLIN German industrial orders rose significantly more than expected in June due to large-scale orders in several sectors.
1970-01-01 08:00
Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone
1970-01-01 08:00
Buffett’s Favored Japan Trading Firms Post Solid Earnings
Japanese trading houses — a darling of Warren Buffett’s — posted strong earnings last quarter, despite a drop
1970-01-01 08:00
Commerzbank Lifts Outlook for Lending as Rate Boost Persists
Commerzbank AG raised its outlook for lending income and said it will seek approval for another buyback as
1970-01-01 08:00
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
1970-01-01 08:00
UAE’s $60 Billion Firm Chases Global Deals Despite Vodafone Snag
Vodafone Group Plc’s biggest shareholder is pushing ahead with an ambitious global expansion strategy, undeterred by a slump
1970-01-01 08:00
Singapore’s 2023 F1 Race Will Go Ahead as Planned, Minister Says
Singapore’s preparations for this year’s Formula One Grand Prix are at an advanced stage and the race will
1970-01-01 08:00
Hefty Outlier Bet Shows Traders Are Split Over BOE’s Next Move
In the eyes of one investor at least, the Bank of England’s interest-rate hike on Thursday was the
1970-01-01 08:00
Poland Nears Coal Glut Prompting Powerful Union to Raise Alarm
Poland’s hard-coal reserves have almost doubled since last year, prompting a powerful union to warn about the consequences
1970-01-01 08:00
China Scraps Australian Barley Tariffs in Place Since 2020
China will scrap anti-dumping and anti-subsidy tariffs on Australian barley, effective from Aug. 5, China’s commerce ministry said
1970-01-01 08:00