‘Reality bites’: High inflation and rates hit UK consumer confidence
By Suban Abdulla LONDON (Reuters) – British consumers have turned more pessimistic in the face of rising interest rates and…
July 20, 2023
Asia’s private credit markets thrive as desperate borrowers find lenders
By Rae Wee SINGAPORE (Reuters) – When global commercial real estate services firm JLL found public debt and loan markets…
Judge throws out Citigroup ex-trader’s lawsuit tied to foreign exchange probe
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge threw out a $112 million lawsuit by a former senior…
Biden’s labor secretary pick Julie Su to stay in job indefinitely, sources say
By Nandita Bose WASHINGTON (Reuters) – U.S. President Joe Biden’s pick for labor secretary, Julie Su, will be kept on…
Iraq expels Swedish ambassador over planned Koran burning
By Timour Azhari, Ahmed Rasheed and Anna Ringstrom BAGHDAD/STOCKHOLM (Reuters) – Iraq expelled the Swedish ambassador on Thursday in protest…
Analysis-Iraqi cleric Sadr flexes muscle with torching of Swedish embassy
By Ahmed Rasheed and Timour Azhari BAGHDAD (Reuters) – Less than a year after declaring he had left Iraqi politics,…
Kenyan anti tax hike protests subside as police clamp down
By Jefferson Kahinju and Thomas Mukoya NAIROBI (Reuters) -Protests in Kenyan cities against tax hikes and high living costs largely…
CSX misses quarterly revenue estimates on waning volumes
By Amna Karimi (Reuters) -U.S. railroad operator CSX Corp missed Wall Street estimates for second-quarter revenue on Thursday, hit by…
As China embraces membership stores, Sam’s Club expansion gathers pace
By Sophie Yu and Brenda Goh BEIJING (Reuters) – Every other Sunday, Beijing-based tennis coach Liu Zheng follows a routine:…
The world’s cheapest Domino’s pizza is in inflation-hit India. It costs $0.60
By Praveen Paramasivam and Aditya Kalra CHENNAI/NEW DELHI (Reuters) – Q: How does the world’s biggest pizza brand respond to…