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COLOMBO, Sri Lanka — Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter the South Asian island country’s retail fuel market as it…
Read more China’s Sinopec signs agreement to enter retail fuel market in crisis-hit Sri LankaWASHINGTON — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. The repercussions of a…
Read more What it would mean for the global economy if the US defaults on its debtWASHINGTON — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. The repercussions of a…
Read more What it would mean for the global economy if the US defaults on its debtPACARAIMA, Brazil — As the sun rose, Miguel Gonzalez, partner Maryelis Rodriguez and their four young children got off a passenger bus after an 18-hour ride south from…
Read more Brazil sends thousands of Venezuelan migrants to country’s rich southern statesNEW YORK — The recent failures of a trio of midsize banks has once again raised questions about whether senior executives in the U.S. are being rewarded more…
Read more CEO pay again in focus as the heads of failed banks appear before Senate panelNEW YORK — The recent failures of a trio of midsize banks has once again raised questions about whether senior executives in the U.S. are being rewarded more…
Read more CEO pay again in focus as the heads of failed banks appear before Senate panelAsian shares were mostly higher on Tuesday even though the latest data showed China’s economy is weaker than expected, with domestic demand failing to bounce back as much…
Read more Stock market today: Asian shares turn lower after China economic data weaker than expectedNEW YORK — Wall Street is drifting Monday ahead of reports that will show how much a slowing economy is hurting what’s prevented a recession so far: solid…
Read more Stock market today: Wall Street is mixed ahead of updates on U.S. shoppersNEW YORK — Wall Street is drifting Monday ahead of reports that will show how much a slowing economy is hurting what’s prevented a recession so far: solid…
Read more Stock market today: Wall Street is mixed ahead of updates on U.S. shoppersTOKYO — Global shares mostly fell Tuesday as investors took a wait-and-see view on the week ahead, including stubbornly high inflation across the economy. Data showing lagging imports…
Read more Stock market today: Global shares decline ahead of reportsDUBAI, United Arab Emirates — Oil giant Saudi Aramco reported a first-quarter profit on Tuesday of $31.88 billion, down nearly 20% from the same period last year as…
Read more Oil giant Saudi Aramco’s 1st quarter profit down 20% to $31BThe artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration in the S&P 500 is at extreme levels.…
Read more A.I. trade is leaving investors vulnerable to painful losses: EvercoreWASHINGTON — For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024…
Read more Biden hopes strong job market means soft landing for economyWASHINGTON — America’s employers added a robust 253,000 jobs in April, evidence of a labor market that still shows surprising strength despite rising interest rates, chronically high inflation…
Read more US adds a strong 253,000 jobs despite Fed’s rate hikesWASHINGTON — Month after month, the nation’s job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic uncertainties…
Read more April jobs report may point to US labor market’s resilienceShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rupert Thompson, chief economist at Kingswood Group, assess the outlook for the economy and says…
Read more Further turmoil likely ahead for regional banks, economist saysThe former top executives of two failed banks will testify before Congress this month BySTEPHEN GROVES Associated Press WASHINGTON — The former top executives of two failed banks…
Read more Former CEOs of failed banks to testify before Senate panelNEW YORK — Less than a year after filing for chapter 11, Revlon emerged from bankruptcy protection Tuesday as a privately held company with new owners, reduced debt…
Read more Revlon emerges from bankruptcy with new board and new ownersNEW YORK — Regulators seized troubled First Republic Bank and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to…
Read more Regulators seize First Republic Bank, sell to JPMorgan ChaseShares advanced Monday in Tokyo and Sydney while most Asian markets were closed for May 1 holidays. The traditional Labor Day holidays around the globe likely limited initial…
Read more Stock market today: Tokyo gains, most Asian markets closed
