Weak China GDP Data Weigh on Global Markets
U.S. stock futures, global indexes and oil prices fell after weak growth data from China stirred worries about the resilience of the […]
Companies and the Terrible, Horrible, No Good, Very Bad Earnings Season
When companies were raising prices faster than their costs were going up, it was called greedflation. But with profit margins now collapsing, […]
Can EVs and Solar Panels Save China’s Economy?
China’s bet on hard tech like chips—and against property and internet tech—isn’t going well. But the story could be different a few […]
Can Solar Power Save the Crumbling Electric Grid During Heatwaves?
As extreme temperatures strain electric grids in the U.S., many parts of the country could face blackouts. Solar energy is a potential […]
Russia Says It Is Pulling Out of Ukraine Grain Deal
The Kremlin said the deal had been “terminated” but that Russia would rejoin the agreement if its demands were met.
Hong Kong Is Bullish on Crypto. Its Banks Aren’t So Sure.
Crypto CEOs used to talk about disrupting the financial system. Now some of them are struggling to find a bank.
Lionel Messi Officially Joins David Beckham’s U.S. Soccer Team
Inter Miami unveiled Lionel Messi in front of thousands of fans at the team’s home stadium in Fort Lauderdale on Sunday, as […]
Taiwan’s Vice President Plans Stop in the U.S. at a Delicate Moment
Taiwan’s vice president plans to visit the U.S. in August, less than five months after a similar visit by the island democracy’s […]
TomTom Shares Jump on Guidance Hike
TomTom raised its full-year revenue outlook to €570-600 million after second-quarter revenue rose 18% on a good performance from its location technology […]
Nordea Lifts Guidance After Strong Second Quarter
Nordea Bank forecast a return on equity above 15% for 2023 and said it was reassessing its long-term financial targets after it […]
Irish Bonds Move in Line With Bunds After Fitch Raises Outlook on Rating
Irish government bonds were trading in line with Bunds after Fitch affirmed Ireland’s ‘AA-’ rating and raised the outlook to positive from […]
Analysis: Snap Election in Spain May Give Spanish Bonds a Boost
Spanish government bonds are set to outperform some of their eurozone peers in the coming quarters and an expected victory for the […]