China’s July PPI +4.2% Y/y, CPI +2.7% Y/y
BEIJING (Reuters) – China’s factory-gate inflation eased to its lowest since February 2021, as raw material prices fell due to…
Reuters
Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising
By Stephanie Kelly (Reuters) – Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose…
Australia’s Graincorp Raises Profit View Again Amid Soaring Demand, Favourable Weather
(Reuters) -Australia’s Graincorp on Wednesday raised its annual profit forecast for the second time, as the agribusiness firm continues to…
Coinbase Posts Loss As Crypto Market Turmoil Hits Trading Volumes
By Mehnaz Yasmin (Reuters) -Coinbase Global Inc reported a larger-than-expected quarterly loss as investors worried by this year’s rout in…
Australia’s CBA Profit Hits 4-year High On First-half Strength
(Reuters) -Commonwealth Bank of Australia posted its highest annual cash earnings in four years on Wednesday, as it rode a…
U.S. SEC To Propose New Rule Boosting Hedge, Private Fund Leverage Disclosures – Source
By Katanga Johnson WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission (SEC) will propose a new rule on Wednesday aimed…
Deutsche Bank Hires Ex-Goldman Sachs Exec To Americas Wealth Management Unit
(Reuters) – Deutsche Bank has hired former Goldman Sachs executive Rod Colburn to their Wealth Management Americas business, according to…
Twitter Down For Thousands Of Users – Downdetector
(Reuters) – Twitter Inc was down for thousands of users on Tuesday, according to outage tracking website Downdetector.com. Downdetector, which…
U.S. Power Use To Reach Record High In 2022 As Economy Grows, EIA Says
(Reuters) – U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy…
Ecuador’s Debt Payments Not Affected By Luxembourg Asset Freeze – Government Says
By Alexandra Valencia QUITO (Reuters) – Ecuador’s capacity to meet its external debt obligations has not been affected by a…