Exclusive-Raiffeisen delays quitting Russia as Austria defends ties -sources
By John O'Donnell and Alexandra Schwarz-Goerlich VIENNA Raiffeisen Bank International is delaying plans to leave Russia, three people
2023-07-06 16:24
Traders Lift Bets on BOE Hiking Interest Rate to 6.5% by March
Bets on the trajectory of the Bank of England’s key interest rate surged to the highest level in
2023-07-06 16:15
Teva Weighs Sale of $2 Billion Active Ingredients Unit
Teva Pharmaceutical Industries Ltd. is weighing options for its active ingredients business, including a possible sale, people with
2023-07-06 15:50
Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:47
Oil Holds Climb as Traders Turn Focus to Decline in Inventories
Oil steadied as traders assessed the impact of the latest round of supply cuts from OPEC+ and a
2023-07-06 14:55
Moderna inks deal to make mRNA medicines in China
US drugmaker Moderna has signed a deal to make mRNA medicines in China as part of its first major investment in the country, despite escalating trade and political tension between Washington and Beijing.
2023-07-06 14:54
Scholz’s Coalition Suffers Court Blow on Contentious Climate Law
Chancellor Olaf Scholz’s ruling coalition suffered an embarrassing blow over key climate legislation after Germany’s top court stopped
2023-07-06 14:53
A 65-year-old man is found dead from apparent extreme heat at Death Valley National Park
A 65-year-old San Diego man was found dead apparently from extreme heat at Death Valley National Park in California, where his car had two flat tires and a non-functioning air conditioning system as temperatures soared into the triple digits, park officials said Wednesday.
2023-07-06 14:52
China says 239 people died from COVID-19 in June in a significant uptick
China says 239 people died from COVID-19 in June in a significant uptick months after it lifted most containment measures
2023-07-06 14:51
Hong Kong police arrest 4 for allegedly aiding dissidents abroad
Hong Kong police have arrested four people on suspicion of financially aiding activists abroad, just days after they offered bounties for information leading to the arrest of eight pro-democracy figures living in self-imposed exile.
2023-07-06 14:47
Germany Factory Orders Jump as Economy Recovers From Recession
German factory orders rebounded in May, a sign the manufacturing slump may be easing as Europe’s biggest economy
2023-07-06 14:26
Beijing orders outdoor work to be halted as scorching summer heat soars
Employers in Beijing have been ordered to stop outdoor work after scorching summer heat in the Chinese capital was forecast to reach 40 degrees centigrade (104 Fahrenheit)
2023-07-06 13:52