Russia’s Crude Oil Shipments Are Creeping Up Again
Increase comes as US imposes first sanctions on tankers hauling Russian crude
Japan’s Largest Trade Union Reportedly Calling For 5% Pay Hikes Next Year
Japan’s largest labor union federation will reportedly demand wage increases for next year that exceed this year’s historic gains, boosting the prospects for the positive growth cycle the central bank needs to see before it can pare back stimulus.
BofA Poll Shows Bearish Investors Flock to Cash, Sour on Economy
Investors are turning bearish once more, flocking to cash as economic growth expectations falter, according to Bank of America Corp.’s global fund manager survey.
German Investor Confidence Improves as Interest Rates Hit Peak
German investor confidence improved for a third month — signaling hope that an end to more than a year of interest-rate increases can help Europe’s biggest economy overcome its current weakness.
Ukraine Recap: Missiles Fired at Russian Airfields, Kyiv Says
Ukraine’s armed forces said they launched a series of missile strikes on Russian airfields in the occupied Luhansk and Berdyansk areas overnight, hitting two helicopters, an ammunition depot and an artillery vehicle. Russia’s military hasn’t commented.
This AI Startup Helps Insurers Spot Cognitive Decline in Older Drivers
The company has raised $22 million in funding from investors, including an Asian insurance giant.
Saudi Savola Weighs $5.4 Billion Almarai Stake Sale
Almarai Co.’s top investor confirmed that it’s exploring options for its $5.3 billion holding in the Middle East’s largest dairy firm, in what could be one of the region’s biggest merger and acquisition deals.
Life After Covid Turns Rocky for Reshaped Health-Care Businesses
Covid-19 reshaped the health-care industry. The waning of the pandemic is reshaping it all over again.
Belt and Road Latest: Forum for Xi’s Signature Project Starts in Beijing
Russian leader Vladimir Putin arrived in Beijing as China kicks off its Belt and Road Forum in a bid to reinvigorate the infrastructure investment initiative that President Xi Jinping has called a “project of the century.”
Biden Plans High-Stakes Israel Visit to Keep War From Escalating
President Joe Biden will make a dangerous and politically risky trip to Israel intended to show solidarity with the US’s closest ally in the Middle East and prevent the conflict from engulfing the wider region.