UK firms grow at slowest in 6 months as rate hikes weigh: PMI
By David Milliken LONDON (Reuters) – Britain’s private sector is growing at its weakest pace in six months in July,…
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Funds build biggest short dollar position since March 2021: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds have ramped up their bearish dollar bets by more than $7 billion…
Taiwan’s Foxconn to take 50% stake in ZF axle system unit
BERLIN (Reuters) – Taiwan’s Foxconn will acquire a 50% stake in ZF Group’s axle system assembly unit, creating a joint…
Spanish banks and utilities stocks hit as election unnerves investors
By Amanda Cooper and Jesús Aguado LONDON/MADRID (Reuters) -Spanish blue-chip shares dropped on Monday after a snap general election at…
Mexico’s economy to slow in step with US growth moderation: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s economy will likely slow in step with an expected moderation of growth…
Apple aims to keep iPhone shipments steady – Bloomberg News
(Reuters) – Apple is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in…
United Parcel Service, Teamsters union to resume labor talks on Tuesday
(Reuters) – United Parcel Service said it plans on Tuesday to resume labor talks with the Teamsters union representing 340,000…
Strike at trucking firm Yellow averted after deal
(Reuters) – U.S. trucking firm Yellow averted a threatened strike by 22,000 Teamsters-represented workers on Sunday, saying the company will…
OpenAI’s Sam Altman launches Worldcoin crypto project
By Anna Tong (Reuters) -Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. The project’s core…
Meta’s Threads could lure ads from Twitter but it’s early days, analysts say
By Akash Sriram, Samrhitha A and Sheila Dang (Reuters) – Threads, Meta Platform’s broadside to Twitter, is seen by some…