World Trade
World Trade
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Brent jumps back above $101/bbl as attention shifts back to supplies.
(Reuters) -Oil prices got back on their feet on Thursday after falling sharply for two days in a row. Investors…
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Shanghai looks for a COVID cluster in karaoke as China tries to stop new outbreaks.
(Reuters) – SHANGHAI/BEIJINGOn Thursday, millions of people in Shanghai lined up for a third day of mass COVID-19 testing, as…
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A study finds that global corporate debt will go down even though funding costs will go up.
New York (Reuters) – In the past year, global corporate net debt fell by 1.9% to $8.15 trillion. This is…
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SAS files for bankruptcy in the US as it tries to stay in business.
Stockholm (Reuters) -The Scandinavian airline SAS said Tuesday that it had filed for bankruptcy in the United States. It said…
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Gold goes up a little bit because economic worries help it.
(Reuters) – On Tuesday, economic growth worries pushed gold prices up a little bit, but a strong dollar and upcoming…
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China plans $75 billion in infrastructure to revive the economy, sources claim.
Reuters: China will establish a 500 billion yuan ($74.69 billion) state infrastructure investment fund, two sources told Reuters on Tuesday.…
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Nomura says that many big economies will go into recession next year.
Nomura Holdings (NYSE: NMR) predicts that many major economies will go into recession over the next 12 months because of…
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In China, new property prices rose at a slightly accelerated rate in June.
China’s depressed real estate sector has recently shown some signs of improvement. This year, boost efforts have largely focused on…
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The largest oil refinery in Mexico opened with a lot of fanfare, but it isn’t working yet.
On Friday, Mexican President Andres Manuel Lopez Obrador officially opened a significant new oil processing plant. This was a big…
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Chile plans to change its tax laws and charge more for copper mining.
Mario Marcel, Chile’s finance minister, presented an expense change charge on Friday. It raises copper mining fees for companies that…
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