Conservatives’ Wrath Clouds Kevin McCarthy’s Spending Path
The House speaker is aiming to get first two of 12 promised appropriations bills through the chamber this week.
The Federal Reserve, Explained
The Federal Reserve is central to the U.S. economy today, but its power has been built over decades. Its decisions can lower […]
Indonesia’s Central Bank Stands Pat as Expected
Bank Indonesia stood pat as expected during its July policy meeting to maintain the stability of the rupiah and ensure that inflation […]
Dove Maker Unilever Still Raising Prices as Volumes Slip
The consumer goods giant—which also makes Ben & Jerry’s ice cream—beat second-quarter sales growth expectations.
Metals Rise After China Hints at Property Sector Support
Base metals gained on China’s planned new policies to support property developers, but ANZ said investors would require more details before they […]
Alstom Sales Rise, Maintains Outlook
Alstom posted a 4.3% rise in first-quarter sales and confirmed its fiscal 2024 outlook and 2026 targets.
Unilever Lifts Guidance as Sales Growth Tops Views
Unilever posted underlying sales growth of 7.9% for the second quarter, ahead of consensus forecasts, as price increases outweighed a slight decline […]
Political Uncertainty Might Weigh On Spanish Bonds But Economy Helps
Protracted coalition negotiations and possibly another election in the fourth quarter might still weigh on Spanish government bonds, but economic strength is […]
Akzo Nobel Falls Short of Forecasts But Lifts Outlook
Akzo Nobel posted adjusted earnings of €397 million but raised its full-year guidance despite ongoing economic uncertainties continuing to weigh on its […]
SGD Strengthens Slightly Amid Risk-On Sentiment
SGD strengthened slightly against USD in the afternoon Asian session amid risk-on sentiment driven by China’s Politburo pledging more policy measures to […]
Shell to Sell 35% Interest in Indonesia’s Masela Block for Up to $650 Million
Shell is selling its 35% interest in Indonesia’s Masela production sharing contract, which includes the Abadi gas project, to PT Pertamina Hulu […]
Dassault Keeps Outlook After Second-Quarter Beat
Dassault Systemes posted an operating profit of €449 million in the second quarter and an above-forecast margin of 31% and confirmed its […]