Recession clouds gather in Germany, Europe’s largest economy
FRANKFURT, Germany (AP) — Europe’s largest economy is sending recession signals. Germany’s key future indicator, the IFO survey of business…
Apple Inc will manufacture iPhone 14 in India
NEW DELHI (AP) — Apple Inc. will make its iPhone 14 in India, the company said on Monday, as manufacturers…
Lights out, ovens off: Europe preps for winter energy crisis
FRANKFURT, Germany (AP) — As Europe heads into winter in the throes of an energy crisis, offices are getting chillier….
Pakistani Rupee Opens Slightly Firmer, Markets Await New Finance Minister
By Syed Raza Hassan KARACHI, Pakistan (Reuters) -The Pakistani rupee opened slightly stronger on Monday as market participants awaited the…
Japan Warns Against Speculative Yen Moves, Markets Wary Of Further Intervention
By Tetsushi Kajimoto and Leika Kihara TOKYO/OSAKA (Reuters) -Japanese Finance Minister Shunichi Suzuki said authorities stood ready to respond to…
Australia mulls tougher cybersecurity laws after data breach
CANBERRA, Australia (AP) — The Australian government said on Monday it is considering tougher cybersecurity rules for telecommunications companies and…
Bank of England fails to reassure markets after pound plunge
LONDON (AP) — The Bank of England sought to reassure financial markets after the British pound touched an all-time low…
London Aluminium Hits 18-month Low On Demand Concerns
By Mai Nguyen (Reuters) -London aluminium prices dropped to their lowest in more than 18 months on Monday, as concerns…
Volkswagen’s PowerCo And Umicore Form Joint Venture On Precursor And Cathode Material For Batteries
(Reuters) – Volkswagen’s battery unit PowerCo has formed a joint venture with Belgium’s Umicore for the production of precursor and…
Sterling Plunges To All-time Low In Scathing Appraisal Of Fiscal Plan
By Kevin Buckland TOKYO (Reuters) -Sterling tumbled nearly 5% to an all-time low on Monday as investors ran for the…