Norway wealth fund excludes Power Construction Corp of China
OSLO (Reuters) – Norway’s $1.4 trillion sovereign wealth fund has excluded Power Construction Corp of China from its portfolio and…
Business
Canada posts strong job gains in June, raising odds of rate hike
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s economy added far more jobs than expected in June, data showed…
U.S. equity funds draw inflows for second week amid inflation relief
(Reuters) – U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5,…
Fed interest-rate hike seen a lock for July
(Reuters) -The Federal Reserve will likely raise its benchmark interest rate later this month to a 5.25%-5.5% range, traders bet…
Instant View: June US jobs growth cooled, but wages won’t comfort Fed
NEW YORK (Reuters) – U.S. job growth slowed more than expected in June after surging in the prior month, but…
Global investors extend buying streak into equity funds on signs of easing inflation
(Reuters) – Global investors extended their streak as net buyers of equity funds into a second week, drawing support from…
Mexican inflation continues downward trend in June
MEXICO CITY (Reuters) – Mexico’s annual inflation rate decelerated in June for a fifth consecutive month to 5.06%, data from…
China fines Ant 7.1 billion yuan
BEIJING (Reuters) – China’s central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group….
Continental to phase out activities at Gifhorn plant by end of 2027
BERLIN (Reuters) -Continental said on Friday it planned to phase out business activities at its Gifhorn plant by the end…
Tesla offers cash rebate on top models in China
(Corrects range of price cuts in Japan in last paragraph to between 3% and 4%, not 3% and $5) BEIJING…