A shopper selects fresh produce from a market stall in the Kingston district of London, UK, on Monday, May 20, 2024. Bloomberg | Bloomberg | Getty Images LONDON — U.K. inflation could be about to hit a major milestone, with some forecasting that a sharp fall in the April print will take the headline rate … Read more
China’s President Xi Jinping and Russia’s President Vladimir Putin attend the opening ceremony of the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on Oct. 18, 2023. Pedro Pardo | Afp | Getty Images Russia’s close relationship with superpower China is under close scrutiny as Russian … Read more
Russian President Vladimir Putin tapped a civilian economist as his surprise new defense minister on Sunday in an attempt to gird Russia for economic war by trying to better utilize the defense budget and harness greater innovation to win in Ukraine. More than two years into the conflict, which has cost both sides heavy casualties, … Read more
Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty Images Tesla has a lot going on. A significant slump in sales, stoking concerns among investors and industry analysts, in an EV market where aggressive price cuts have … Read more
Israeli army main battle tanks and other military vehicles are positioned in southern Israel near the border with the Gaza Strip on May 9, 2024, amid the ongoing conflict in the Palestinian territory between Israel and the Hamas movement. Ahmad Gharabli | AFP | Getty Images “It’s definitely an earthquake.” That’s how American diplomat Richard … Read more
The flags of the U.S. and Germany are on the table at a bilateral meeting between German Economics Minister Habeck and U.S. Secretary of State Blinken at a hotel on the Gendarmenmarkt. Photo: Christoph Soeder/dpa (Photo by Christoph Soeder/picture alliance via Getty Images) Christoph Soeder/dpa | Picture Alliance | Getty Images After years of China … Read more
China’s President Xi Jinping speaks at an event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Carlos Barria | Afp | Getty Images Differences between U.S.-led Western and China-aligned economic blocs … Read more
A.P. Moller-Maersk says that based on progress made in the Port of Baltimore collapsed bridge clean-up, it may be able to set a timeline on returning to the port in the next week or so, and resumption of network services at the Baltimore port for the second-largest global ocean carrier could come by the end … Read more
LONDON — European markets advanced Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data. The French CAC 40 was up 0.2%, German DAX was also higher by 0.2% and the Italian FTSE MIB was up 0.2%. The U.K.’s FTSE 100 was closed Monday for a public holiday and … Read more
People walk in the rain over London Bridge in central London. Picture date: Tuesday March 12, 2024. Lucy North – Pa Images | Pa Images | Getty Images The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to new forecasts from the … Read more
