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
1970-01-01 08:00
South African Consumer Inflation Slows to 13-Month Low in May
South African inflation slowed to a 13 month-low, easing pressure on the central bank to continue raising interest
1970-01-01 08:00
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
1970-01-01 08:00
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,
1970-01-01 08:00
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
1970-01-01 08:00
ECB’s Rehn Joins Race to Succeed Niinisto as Finnish President
Finnish central bank Governor Olli Rehn joined the race for the president of the Nordic country in the
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Traders Fully Price 4% Peak ECB Rate for First Time Since March
Traders raised bets on further European Central Bank interest-rate hikes after a hotter-than-expected inflation print in the UK
1970-01-01 08:00
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,
1970-01-01 08:00
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
1970-01-01 08:00
Heat-Tolerant Africa Coffee Strain Revived in Sierra Leone Pilot
A heat-tolerant coffee strain, lost to commercial production for more than 50 years, has been successfully grown in
1970-01-01 08:00