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U.K. Inflation Slows, but Still a Worry
Business

U.K. Inflation Slows, but Still a Worry

The annual rate of inflation slowed but it may not be falling fast enough to convince the Bank of England to pause interest rate increases.

U.S. Steelmakers Are Still Expanding as Demand Slows
Business

U.S. Steelmakers Are Still Expanding as Demand Slows

Nucor, U.S. Steel and others are counting on infrastructure projects and auto production to raise demand. Source link

Americans' Thirst for Diageo's High-End Spirits Slows
Business

Americans' Thirst for Diageo's High-End Spirits Slows

The owner of Johnnie Walker scotch said sales of its $50-a-bottle liquor are growing more slowly as pandemic-era spending patterns fade. Source link

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

US existing home sales fall; annual house price decline slows By Reuters

© Reuters. FILE PHOTO: A “sold” sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo WASHINGTON

Two dead, nine missing in Pennsylvania chocolate factory explosion
Finances

Stocks climb, sterling weighed down as UK inflation slows By Reuters

© Reuters. FILE PHOTO: Passersby walk past an electric board displaying Japan’s Nikkei share average outside a brokerage in Tokyo, Japan April 18, 2023. REUTERS/Issei

No let up for world stocks as banking worries persist By Reuters
Finances

Canada annual inflation rate slows to 2.8% in June By Reuters

© Reuters. FILE PHOTO: People pay for their items at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File Photo (Reuters) –

Chinese economic growth slows in Q2 as recovery falters
Finances

Chinese economic growth slows in Q2 as recovery falters By Investing.com

© Reuters. Investing.com– China’s economy grew slightly more than expected in the second quarter of 2023, but growth still slowed substantially from the prior quarter

Finances

China’s Q2 GDP growth slows to 0.8% q/q, raises stimulus expectations By Reuters

© Reuters. FILE PHOTO: Employees work on the trucks production line during an organised media tour to the Shaanxi Automobile Group factory in Xian, Shaanxi

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

China’s Q2 GDP growth slows to 0.8% q/q, just above expectations By Reuters

© Reuters. FILE PHOTO: A worker checks steel wires at a warehouse in Dalian, Liaoning province, China May 15, 2017. REUTERS/Stringer/File Photo BEIJING (Reuters) –

Finances

Australia expects unemployment rate to rise as global economy slows By Reuters

© Reuters. FILE PHOTO: A worker delivering parcels pushes a trolley past the Reserve Bank of Australia building in central Sydney, Australia, March 7, 2017.