OECD forecast: High rates, inflation to slow world growth
Hobbled by high interest rates, punishing inflation and Russia’s war against Ukraine, the world economy is expected to eke out…
Headlines
Almost One In Five Germans Dipping Into Savings To Get By – Poll
BERLIN (Reuters) – Nearly one in five people in Germany have had to draw on their savings to cover everyday…
Mazda Unveils $11 Billion EV Spending Plan, Considers Investing In Battery Production
TOKYO (Reuters) -Japan’s Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said…
SocGen And Alliance Bernstein To Launch Global Equities Venture
PARIS (Reuters) -Societe Generale, France’s third-biggest listed bank, and U.S. investment management company Alliance Bernstein plan to form a joint…
China anti-virus curbs spur fears of global economic impact
BEIJING (AP) — More than 253,000 coronavirus cases have been found in China in the past three weeks and the…
Dollar Pauses Climb; China COVID Fears Mount
By Rae Wee SINGAPORE (Reuters) – The dollar retreated on Tuesday following an overnight rally that saw investors flocking to…
A rail strike looms and impact on US economy could be broad
OMAHA, Neb. (AP) — American consumers and nearly every industry will be affected if freight trains grind to a halt…
Asian shares gain after earnings-fueled rally on Wall Street
BANGKOK (AP) — Asian shares advanced on Wednesday after solid earnings pushed retailers higher on Wall Street ahead of the…
Asian Shares Mostly Down On Concerns China May Resume Strict COVID Curbs
By Selena Li HONG KONG (Reuters) – Asian shares were on the defensive on Tuesday as a COVID-19 resurgence in…
Dubai’s Main Airport Raises 2022 Passenger Forecast
By Yousef Saba DUBAI (Reuters) – Dubai’s main airport on Tuesday raised its passenger forecast for this year by nearly…