America’s biggest warehouse is running out of room. It’s about to get worse
SAN BERNARDINO, Calif., Aug 2 (Reuters) – America’s largest warehouse market is full as major U.S. retailers warn of slowing sales of the clothing, electronics,...
China’s economy brakes sharply in Q2, global risks darken outlook
China’s Q2 GDP shrinks from Q1, Y/Y growth slows sharply Widespread COVID lockdowns hammer industrial activity, demand June shows bounce in activity, but global risks...
Ten years on, Italy faces debt crisis Draghi may not solve
Draghi resigns but head of state asks him to stay Investors question Italy’s debt sustainability Core issue is lack of economic growth FRANKFURT/ROME, July 15...
Biden urges G7 to stay together as leaders target Russian gold, oil price
Biden says Russia has failed to split G7 Biden condemns ‘barbarism’ as missiles strike Kyiv Gold ban targets ‘Putin’s war machine’ – British PM Oil...
Factbox: Surging food prices fuel protests across developing world
Riot police block demonstrators and members of worker unions during a protest against Peru’s President Pedro Castillo’s government and rising food and fuel prices, in...
Central banks double down in fight against ‘galloping’ inflation
LONDON, June 9 (Reuters) – Major central banks are racing to ditch post-pandemic stimulus and picking up the pace of interest rate hikes to get...
Cooling U.S. inflation builds case for September slowdown in Fed rate hikes
May 27 (Reuters) – Evidence U.S. inflation is cooling will not budge Federal Reserve policymakers from half-point interest rate hikes planned for upcoming meetings in...
Economic outlook has ‘darkened’, business and government leaders warn in Davos
DAVOS, Switzerland, May 23 (Reuters) – Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on...
On possible nuclear strike, Russia says: it’s all in our military doctrine
LONDON, May 10 (Reuters) – Asked if Russia would rule out a preemptive tactical nuclear strike on Ukraine, Russia’s deputy foreign minister said on Tuesday...
Fed’s Williams on board with 50 bps rate hikes at next two meetings
ELTVILLE AM RHEIN, May 10 (Reuters) – U.S. Federal Reserve Chair Jerome Powell’s signal that the central bank plans to raise interest rates by 50...