Higher-for-longer rates regime pressures US recession trades
By Davide Barbuscia NEW YORK (Reuters) -Bond investors who had positioned portfolios defensively in anticipation of a U.S. recession are…
August 16, 2023
Woodside, unions remain at odds over wages at Australia’s largest LNG facility
By Renju Jose and Lewis Jackson SYDNEY (Reuters) -Woodside Energy said “positive progress” was being made on wage disputes at…
Bonds, emerging stocks eye ‘geo-investment’ switches :Mike Dolan
By Mike Dolan LONDON (Reuters) -August has been rough so far for emerging market stocks and western government bonds, a…
Indonesia launches WTO dispute over EU duties on biodiesel imports
JAKARTA (Reuters) – Indonesia has requested World Trade Organization (WTO) dispute consultations with the European Union regarding the bloc’s imposition…
Explainer-Worker disputes at Australian LNG producers roil global gas market
By Sudarshan Varadhan and Lewis Jackson SINGAPORE/SYDNEY (Reuters) – Woodside Energy Group and U.S. major Chevron are locked in a…
Bumpy road for China’s ride hailing drivers as economy slows
By Casey Hall SHANGHAI (Reuters) – Shanghai driver Zhu Zhimin works 15 hours a day to earn the same money…
Who are the Trump allies indicted in the Georgia election scheme?
By Sarah N. Lynch, Jacqueline Thomsen WASHINGTON (Reuters) -Former President Donald Trump again stands accused of illegally trying to overturn…
Industrial output jump gives euro zone growth small boost
FRANKFURT (Reuters) – The euro zone’s vast industrial sector rebounded in June, giving overall growth a small boost to end…
Norway wealth fund trims overweight tech investments
ARENDAL, Norway (Reuters) – Norway’s sovereign wealth fund has recently reduced its overweight investment position in major tech firms, Chief…
Alibaba’s DingTalk to split from Cloud business group – sources
By Casey Hall SHANGHAI (Reuters) -Alibaba Group’s work communication and collaboration platform DingTalk will split from the company’s cloud division,…