Europe’s central bank to hike rates in July, 1st in 11 years
AMSTERDAM (AP) — The European Central Bank will raise interest rates next month for the first time in 11 years…
June 2022
Almost all of Portugal in severe drought after hot, dry May
LISBON, Portugal (AP) — Almost the whole of Portugal was in severe drought at the end of May, the country’s…
Greece Plans To Reduce State Energy Consumption By 30% By 2030
ATHENS (Reuters) – Greece on Thursday urged state entities to reduce use of air conditioning, install window shields and shut…
Major Dubai free zone operator becomes latest to offer IPO
DUBAI, United Arab Emirates (AP) — A major free zone operator in Dubai owned by the sheikhdom’s ruler said Thursday…
Tesla’s China Output Decline Trending Deeper Than Musk Forecast, Data And Internal Memos Show
SHANGHAI (Reuters) – Production at Tesla Inc’s Shanghai factory is on track to fall by over a third this quarter…
Credit Suisse Shares Slip On Skepticism Over U.S. Takeover
MILAN (Reuters) – Credit Suisse shares fell on Thursday on growing skepticism of a takeover offer from U.S. financial giant…
Tesla Sold 32,165 China-made Vehicles In May – CPCA
SHANGHAI (Reuters) – U.S. electric vehicle maker Tesla sold 32,165 China-made vehicles in May, including 22,340 for export, the China…
Cutting Tariffs On Chinese Goods Benefit China, U.S. And World: Chinese Ministry
BEIJING (Reuters) – Removing all additional tariffs on Chinese goods would benefit China, the United States and the world, China’s…
Charting Course Out Of Stimulus, ECB To Set Stage For Rate Hikes
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank will pull the plug on years of stimulus…
Asian shares mixed after rate jitters tumble on Wall Street
BANGKOK (AP) — Shares were mostly lower in Asia on Friday, with only Shanghai rising, after stocks tumbled on Wall…