Bank of Canada seen hiking rates quarter point to tame stubborn inflation
By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) is heading toward a second consecutive quarter-point interest rate…
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Marketmind: Bruised bonds relying on disinflation
A look at the day ahead in U.S. and global markets from Mike Dolan Last week’s bond market storm calmed…
Starbucks union wants to enlist customers to organize pickets
By Hilary Russ NEW YORK (Reuters) – Pro-union baristas at Starbucks are taking their campaign on the road on Monday…
Meta’s ‘friendly’ Threads collides with unfriendly internet
By Katie Paul NEW YORK (Reuters) -Mark Zuckerberg has pitched Meta’s Twitter copycat app, Threads, as a “friendly” refuge for…
India inflation likely rose to 4.58% in June on higher food prices: Reuters poll
By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food…
China’s car sales shrink 2.9% in June as big-ticket spending falters
BEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on…
China IPO applications fall by third in first half of 2023
SHANGHAI (Reuters) – China’s IPO applications slumped by a third in the first half of 2023, as earnings volatility, a…
BOJ highlights broadening wage, price hikes in report on regional Japan
By Leika Kihara TOKYO (Reuters) -Many regional areas of Japan saw small and mid-sized firms aggressively raise wages, reflecting intensifying…
Eurozone investor mood tumbles more than expected in July
BERLIN (Reuters) – Investor morale in the euro zone sank more than expected in July, hitting a low not seen…
Soaring vegetable prices may tip India’s delicate inflation balance -economists
MUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push…