NEWS

More news
U.S. President Joe Biden arrives at Joint Base Charleston, South Carolina

Biden To Tout Recent Legislative Wins Ahead Of U.S. Midterm Vote

U.S. President Joe Biden plans to travel across the country to tout a series of recent legislative victories on climate change, gun control and drug pricing as a win for Americans and a defeat for special interests, White House officials said on Thursday.
Trader works on the floor of the NYSE in New York

U.S. High-yield Bond Funds Draw Cash As Recession Fears Ebb

U.S high-yield bond funds are attracting heavy investments, a turnaround from the selloffs of the first half of this year, as investors bet that the Federal Reserve will limit future interest rate hikes to try to avert an economic slowdown.
Logo of Zurich Insurance is seen at a former office building in Zurich

Zurich Insurance Shares Rise On H1 Profit Beat, Share Buyback

Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the board and announced a bumper 1.8 billion Swiss francs ($1.91 billion) share buyback on Thursday, sending its shares higher.
In Gaza, denial and doubt over misfiring rocket claims

In Gaza, Denial And Doubt Over Misfiring Rocket Claims

As the cleanup in Gaza continues from last weekend's brief conflict with Israel, another battle has continued over which side caused the casualties, after Israel said misfiring rockets from the Palestinian side killed 15 people in the enclave.
A tanker truck delivers fuel at a gas station in Mexico City

OPEC, unlike IEA, sees lower 2022 oil demand growth

OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of Russia's invasion of Ukraine, high inflation and efforts to contain the coronavirus pandemic.
The prospect of severe, longer-term limits to traffic spells a new headache for the industries lined up on the banks of the Rhine

Low Rhine deepens Germany's energy crisis

A hot, dry July made worse by climate change has raised the risk that the German economy could run aground as sinking Rhine waters make shipping along the river harder.