UK firms grow at slowest in 6 months as rate hikes weigh: PMI
By David Milliken LONDON (Reuters) – Britain’s private sector is growing at its weakest pace in six months in July,…
July 2023
Funds build biggest short dollar position since March 2021: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds have ramped up their bearish dollar bets by more than $7 billion…
Taiwan’s Foxconn to take 50% stake in ZF axle system unit
BERLIN (Reuters) – Taiwan’s Foxconn will acquire a 50% stake in ZF Group’s axle system assembly unit, creating a joint…
Dominos Getting Hit Premarket
Domino’s Pizza Inc (NYSE:DPZ) announced its Q2 FY23 financial results with some hits and misses, amid a…
Spanish banks and utilities stocks hit as election unnerves investors
By Amanda Cooper and Jesús Aguado LONDON/MADRID (Reuters) -Spanish blue-chip shares dropped on Monday after a snap general election at…
Mexico’s economy to slow in step with US growth moderation: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s economy will likely slow in step with an expected moderation of growth…
Apple aims to keep iPhone shipments steady – Bloomberg News
(Reuters) – Apple is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in…
United Parcel Service, Teamsters union to resume labor talks on Tuesday
(Reuters) – United Parcel Service said it plans on Tuesday to resume labor talks with the Teamsters union representing 340,000…
Strike at trucking firm Yellow averted after deal
(Reuters) – U.S. trucking firm Yellow averted a threatened strike by 22,000 Teamsters-represented workers on Sunday, saying the company will…
OpenAI’s Sam Altman launches Worldcoin crypto project
By Anna Tong (Reuters) -Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. The project’s core…