September2024

China’s central bank on Tuesday unveiled a raft of measures to boost the country’s struggling economy, cutting the amount of cash banks must hold in reserve and lowering a key interest rate. China’s economy, the world’s...

Hong Kong and Shanghai stocks rallied Tuesday after China unveiled fresh stimulus measures as the country’s leaders struggle to kickstart growth in the world’s number two economy. After a string of weak data that has fanned...

The International Monetary Fund is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country’s new government, a spokesman said. Anura Kumara Dissanayake, sworn in Monday as the country’s first leftist...

AkzoNobel, the world’s leading paintmaker and manufacturer of Dulux paint, said Tuesday it was cutting 2,000 jobs globally, more than five percent of its workforce, as it strives to cut costs. Chief Executive Greg Poux-Guillaume said...

Toyota has been sued in a proposed U.S. class action accusing the Japanese automaker of emissions cheating in nine engines for its forklift trucks. A complaint was filed by forklift purchasers on Sunday night in San...

Chrysler-parent Stellantis is seeking to strengthen its positioning in North America by slashing its bloated inventories and cutting vehicle prices, the group’s finance chief said on Monday. The automaker is aiming to cut 100,000 vehicles from...

Two Russian cosmonauts landed back on Earth on Monday after a record-breaking stay aboard the International Space Station (ISS). Oleg Kononenko and Nikolai Chub spent 374 days in low-Earth orbit at the ISS, the longest time...

Most Asian markets rose Monday, building on last week’s rally following the Federal Reserve’s bumper interest rate cut, with focus now on the release of the bank’s favoured inflation gauge later in the week. Traders greeted...

Eurozone business activity declined for the first time in seven months in September, as France lost steam after the end of the Paris Olympic Games, a key survey said Monday. S&P Global’s purchasing managers’ index (PMI)...