UPS, Teamsters Union contract talks in deadlock
(Reuters) – Parcel delivery firm United Parcel Service Inc and the Teamsters Union on Wednesday accused each other of walking…
Economy
UK sells government bond with highest yield since 2007
By David Milliken LONDON (Reuters) – Britain sold a government bond at auction on Wednesday that will pay investors an…
Explainer-China’s rare earths dominance in focus after mineral export curbs
By Mai Nguyen (Reuters) – China said on Monday it will impose export restrictions on gallium and germanium products used…
Sri Lanka central bank to cut rates further on faster inflation drop
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is widely expected to loosen monetary policy further on Thursday,…
Euro zone business activity contracts in June -PMI
LONDON (Reuters) – Euro zone business activity slipped into contractionary territory last month in a broad-based downturn across the bloc’s…
Stellantis CEO rules out moving Peugeot e-208 production to France
PARIS (Reuters) – Stellantis has no plans to move production of the electric Peugeot e-208 to France from Spain despite…
Italy’s Meta tax review gets underway in potential test case for tech sector
By Emilio Parodi MILAN (Reuters) – Italy expects to take until the end of the year for an initial assessment…
Russia car sales jump 151.8% y/y in June – Autostat
(Reuters) – Car sales in Russia rose 151.8% year-on-year in June, analytical agency Autostat said on Wednesday, continuing to rebound…
PwC work suspended by $77 billion Australian pension fund
By Lewis Jackson SYDNEY (Reuters) -Australia’s fourth largest pension fund suspended new work with PwC Australia on Tuesday, the latest…
Marketmind: Minutes meted, China crunch
A look at the day ahead in U.S. and global markets from Mike Dolan As U.S. markets return from Independence…