Oil Remains Range Bound Amid Expectations of Further Rate Hikes
Oil prices were moving higher, amid more positive economic data coming from the U.S.
UK Economy Expanded Slightly, Matching First Estimates
The U.K. economy grew marginally in the first quarter of 2023, matching previous estimates, as a cost-of-living crisis impacted by high inflation […]
Eurozone Bond Yields Edge Higher Ahead of Flash Estimate Inflation Data
Eurozone government bond yields drifted higher ahead of eurozone flash inflation data.
Engie Raises Outlook on Strength of Global Energy Management and Sales
Engie increased its 2023 earnings guidance on Friday due to the strength of its global energy management and sales business.
French Inflation Dropped More Than Expected
France’s inflation rate fell more than expected in June, reaching its lowest level since March 2022, as fuel and food prices continued […]
China’s Economy Shows New Signs of Weakness
Evidence of China’s flagging growth continues to roll in, raising questions about whether the government is doing enough to turn things around.
UK Car Manufacturing Rises for Fourth Consecutive Month
U.K. car production rose 27% in May, with hybrid and BEV volumes representing 35% of all cars made.
SVB Depositors Who Lost Their Money Win Court Victory
Silicon Valley Bank’s customers in the Cayman Islands weren’t covered by a U.S. deposit guarantee program.
China Far Outranks the U.S in High-Speed Rail. Here’s Why.
China has some of the fastest – and busiest – trains in the world. But despite having some of the same technology, […]
Xpeng Shares Rise Sharply Amid Launch of Lower-Priced G6 Model
Electric vehicle company XPeng Inc.’s Hong Kong-listed shares were sharply higher, after the company announced the launch of its new G6 sport-utility […]
New Chinese Law Raises Risks for American Firms in China, U.S. Officials Say
U.S. counterintelligence officials say the revised Chinese law potentially turns normal business activities into espionage.
The Military Recruiting Crisis: Even Veterans Don’t Want Their Children to Join
The Pentagon is scrambling to retain the main pipeline for new service members as disillusioned families steer young people away. This article […]