Gulf central banks raise key interest rates by 25 bps, mirroring Fed
By Alaa Swilam and Yomna Ehab CAIRO/DUBAI (Reuters) – Most Gulf central banks increased their key interest rates on Wednesday…
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US commercial property delinquencies rise further in July -report
By Matt Tracy (Reuters) – Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing…
Police officer fired after unleashing dog on Black man in Ohio traffic stop
(Reuters) – Police in Circleville, Ohio, on Wednesday fired an officer who unleashed his dog on a Black man during…
Samsung going in ‘right direction’ in China market, mobile chief says
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ mobile chief said Samsung is “going in the right direction” in China,…
U.S. stocks close little changed as Fed leaves door open
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) – U.S. stocks ended Wednesday little changed following a Federal Reserve rate…
Mattel expects Barbie bounceback to spark toy sales
By Savyata Mishra (Reuters) -Mattel is banking on the box office success of the “Barbie” movie to help drive doll…
U.S. Trucking firm Yellow prepares for bankruptcy – WSJ
(Reuters) – U.S. trucking firm Yellow is preparing to file for bankruptcy, the Wall Street Journal reported on Wednesday, as…
Brazil’s postal service inks deal with Shopee to sell products to Asia
(Reuters) – Brazil’s postal service Correios said on Wednesday it has signed an agreement with Singaporean shopping app Shopee to…
Lam Research sales forecast beats estimates on AI boom
By Akash Sriram and Max A. Cherney (Reuters) -Chip-making tools supplier Lam Research forecast quarterly revenue above Wall Street estimates, as…
Greece wildfires erupt on mainland, killing two people
By Karolina Tagaris and Alexandros Avramidis VOLOS, Greece (Reuters) -Wildfires that have been supercharged by strong winds and temperatures exceeding…