Japan’s services sector shrinks for first time in five months in August – PMI
Japan’s services sector activity shrank for the first time in five months in August as a resurgence of COVID-19 infections hurt demand, a business survey showed.
Factbox: What is in France’s new inflation-relief package
The French government is set to present a much-awaited package of inflation-relief measures on Wednesday in a first test of its ability to pass sorely needed legislation since it lost control of parliament.
How the crisis between Russia and Ukraine is having an impact on Americans
The majority of American drivers are affected by high fuel prices, but just a few people bear the brunt of the load.
Analysis: BOJ has little room to move as Ukraine clouds recovery, prices soar
The crisis in Ukraine is giving the Bank of Japan a headache not facing other major central banks, forcing it to maintain a more dovish stance on monetary policy despite rising inflationary pressures and a dearth of tools to combat another economic downturn.
Myanmar currency drops 60% in weeks as economy tanks since February coup
Sept 29 (Reuters) – Myanmar’s currency has lost more than 60% of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military coup eight months ago. Many gold shops and money exchanges closed on Wednesday due to the turmoil, while the kyat’s dive […]
S&P dips, just off record as energy shares fall
The S&P 500 dipped on Monday, as fuel demand worries during a resurgent pandemic sent energy stocks lower but rising U.S. Treasury yields lifted financials stocks, keeping Wall Street’s benchmark index near record levels.
Oil piles on losses following OPEC+ deal to boost supply, rising COVID cases
Oil slumped $5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost output stoked fears of a surplus just as rising COVID-19 infections once again threaten demand.
S&P 500 ends higher after Fed Chair Powell lulls market
The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.
WTO seeks to land big prize after 20 years of fish talks
Negotiators are hoping the World Trade Organization will on Thursday not only deal a major blow to overfishing after 20 years of trying, but in doing so also dispel doubts about its own usefulness.
EXCLUSIVE Universal Hydrogen in zero-carbon plane deals with Icelandair, others
Universal Hydrogen, a U.S. firm that aims to do for clean fuel what Nespresso did for coffee, is poised to announce preliminary hydrogen deals with airlines including Icelandair (ICEAIR.IC) as it looks at a possible listing as early as next year.
