News

Banks Brace for Key UK Supreme Court Ruling on Car Finance Commissions
The Supreme Court will give its ruling after 1535 GMT on Friday, once financial markets have closed in London. The court said: "No inference should be drawn from the timing of the hand-down (of the ...
Rwanda, Congo Hold First Meeting of Joint Oversight Committee Under Peace Deal
The deal in June between Rwanda and Congo marked a breakthrough in talks held by U.S. President Donald Trump's administration, which aims to bring an end to fighting that has killed thousands and ...
Oil Steadies as Concerns About Tariff Impacts Vie With Russian Supply Threats
JP Morgan analysts said in a note on Thursday Trump's warnings to China and India of penalties on their ongoing purchases of Russian oil potentially puts 2.75 million barrels per day of Russian ...
South Korea July Exports Beat Forecast on Strong Chip Demand
Exports of semiconductors jumped 39.3% in July, the biggest annual increase since October 2024, while cars rose 8.8% on robust demand in non-U.S. markets. Ship exports surged 107.6%.
Whirlpool Shares Slump,; Co Slashes Forecast and Dividend
(Reuters) -Whirlpool's shares tumbled 12% on Tuesday after the home appliances maker slashed its full-year earnings forecast and dividend, blaming pressure from rivals loading up on imports ahead of U ...
South Korea Factory Activity Shrinks for 6th Month on Tariff Concerns, PMI Shows
The Purchasing Managers Index (PMI) for manufacturers in Asia's fourth-largest economy, released by S&P Global, fell to 48.0 in July, from 48.7 in June. The index has stayed below the 50-mark, which ...
Star Looking at Other Options for Brisbane Casino Stake After Deal Fails
If it fails to meet those obligations, it risks forfeiting its stake in the Dorsett hotel on the Gold Coast. Star will also remain liable for its share in the A$1.4 billion debt facility, due for ...
Japan's Factory Activity Slips Back Into Decline in July, PMI Shows
The S&P Global Japan manufacturing purchasing managers' index (PMI) fell to 48.9 in July from 50.1 in June, dropping below ...
Investors React to Trump's New Reciprocal Tariffs Announcement
SINGAPORE (Reuters) -President Donald Trump signed an executive order on Thursday imposing reciprocal tariffs ranging from 10% to 41% on U.S. imports from dozens of countries and foreign locations.
UnitedHealth Replaces CFO Rex in Another Management Shake-Up
(Reuters) -UnitedHealth Group said on Thursday it will replace its finance chief John Rex with an external hire, Wayne DeVeydt, adding to the management changes at the health insurer that has been ...
Irish Manufacturing Sees Robust Output Growth in July, PMI Shows
The AIB Ireland Manufacturing Purchasing Managers' Index (PMI) fell slightly to 53.2 from June's near three-year high of 53.7 but was still above the 50.0 threshold that indicates growth, where the ...
Bridgewater Founder Ray Dalio Sells Remaining Stake in Hedge Fund, Letter Says
NEW YORK (Reuters) -Investor Ray Dalio sold his remaining stake in Bridgewater Associates, the hedge fund he founded 50 years ago, according to a letter sent to investors, while Brunei's sovereign ...