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Starbucks Prevails in Legal Challenge to Its Diversity Policies
Decision in federal court in Spokane, Wash., is a setback for legal activists who have sought to unwind companies’ policies aimed at increasing representation of
Europe Returns to Timid Growth, but Bigger Headwinds Loom
Lower energy bills helped drive an expansion in activity in the quarter through June, but the region faces a litany of challenges in the coming
ECB Raises Rates, Says Pausing Is an Option
The euro fell against the dollar as President Christine Lagarde said the central bank was keeping an open mind on its next rate call. Source
How U.S. Drug Companies Could Tip Europe Into Recession
Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output. Source link
China’s NDRC vows to roll out consumption support policies without delay By Reuters
© Reuters. FILE PHOTO: Chairman of China’s National Development and Reform Commission Zheng Shanjie attends China Development Forum 2023, in Beijing, China, March 26, 2023.
Republican state officials threaten legal action over company diversity policies By Reuters
© Reuters. FILE PHOTO: 60 Wall Street, an office building with commercial space available in the financial district, is seen in New York City, U.S.,
China central bank extends policies for financial support of real estate market By Reuters
© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in
TikTok's Next Big Ban Showdown Is in Montana
The Chinese-owned app is lobbying against a bill to ban TikTok for all Montanans, in an effort to try to avoid a domino effect. Source
Eurozone Core Inflation Hits Record High
Economy Europe Economy The headline inflation rate fell sharply in March but policy makers worry the search for bigger profits may keep other prices rising
Eurozone Banks Cut Lending Even Before Latest Financial Turmoil
Economy Europe Economy Decline in bank lending could deepen as financial institutions move to retain deposits, strengthening effect of ECB rate moves Source link