A growing chorus of European Central Bank officials predicts that interest-rate increases will soon come to an end — signaling a new-found consensus after tensions began to bubble up at their last policy meeting.
A Chinese surveillance ship that can track rocket and spacecraft launches was docked at the eastern port of Durban this week, less than two months after South Africa drew the ire of Western nations by holding naval exercises with China and Russia.
Slick sales gimmicks like an AI-powered virtual guide and inflation-proof rates have failed to dislodge customers from the big national carriers where plans are more than twice as much.
Chile’s central bank raised its 2023 inflation forecasts in a closely-watched report published a day after the institution held its key interest rate steady and signaled that borrowing costs won’t be coming down until price increases are under control. Swap rates jumped.
Sales of secondhand clothes, shoes and accessories jumped 28% in 2022 from the previous year, according to a new report.
Thai opposition party leading in opinion surveys officially nominated Paetongtarn Shinawatra, a scion of the Shinawatra family, as one of its three prime minister candidates as widely expected, pitting her against ex-generals seeking to extend a near decade of military-backed rule.
China cannot act as a peace mediator over Russia’s invasion of Ukraine as Beijing’s stance would rob Kyiv of its sovereignty, according to Lithuanian Foreign Minister Gabrielius Landsbergis.
FedEx Corp. is seeking to cut $4 billion in costs by combining its two main delivery networks, in an ambitious plan by new Chief Executive Officer Raj Subramaniam to increase profit margins.
Western Alliance Bancorp fell as much as 12% after the regional bank updated its financial disclosures without saying more about its deposit balance.
The origins of Covid-19 can’t be conclusively tied to the market in Wuhan where some of the first known cases appeared, according to Chinese researchers, further extending controversy around data collected at the start of the pandemic that had long remained out of view.
