China Evergrande H1 net loss narrows to $4.5 billion
By Clare Jim HONG KONG (Reuters) – China Evergrande Group, the world’s most-indebted property developer, on Sunday reported a narrower…
Month: August 2023
The Mysterious Plane Crash and the Death of Wagner’s Yevgeny Prigozhin
In the labyrinth of geopolitical maneuverings and high-stakes power plays, Russia often stands as a behemoth with stories that often…
BRICS Alliance Set to Welcome New Members, Shifting Global Dynamics
In a significant development that underscores the evolving landscape of international relations, the coalition of BRICS countries – comprising Brazil,…
BoE’s Broadbent: Rates may have to stay high ‘for some time yet’
JACKSON HOLE, Wyoming (Reuters) -Interest rates in Britain might have to stay high “for some time yet,” Bank of England…
Gen. Petraeus Speaks on Ukraine’s Chance of Victory in Counteroffensive
In a recent chat with CNN, retired U.S. Army general and former CIA director, David Petraeus, expressed cautious optimism about…
Microsoft’s Momentum: Oppenheimer Gives a Bullish Forecast – But How High?
Microsoft’s foray into the world of Artificial Intelligence (AI) and cloud technology has industry experts buzzing, especially with the promising…
Elon Musk-led Tesla’s Autopilot Federal Safety Probe Nears Critical Verdict
As the federal oversight body winds down its multi-year assessment of Tesla’s touted Autopilot system, the road ahead for Elon…
Trump, Biden policies shifted trade from China at a cost, study shows
By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – U.S. trade has shifted away from China due to policies enacted by…
Dollar steady as Fed’s Powell says higher rates may be needed
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar held steady on Friday, on pace to finish the week…
Oil futures up 1% to one-week high on soaring US diesel prices
By Scott DiSavino NEW YORK (Reuters) -Oil futures climbed about 1% to a one-week high on Friday as U.S. diesel…