By Howard Schneider WASHINGTON (Reuters) – Household cash is near record levels in the United States, and consumers are using…
China’s trade unexpectedly shrinks as COVID curbs, global slowdown jolt demand
By Ellen Zhang and Ryan Woo BEIJING (Reuters) – China’s exports and imports unexpectedly contracted in October, the first simultaneous…
Analysis-Twitter’s ‘massive’ revenue drop adds to heavy debt burden
By Matt Tracy NEW YORK (Reuters) – Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop since he…
Marketmind: Polls and prices
A look at the day ahead in U.S. and global markets from Mike Dolan. World markets appear at ease with…
Apple warns of lower iPhone shipments as COVID curbs hobble China plant
By Ben Blanchard and Jaiveer Shekhawat TAIPEI (Reuters) – Apple Inc expects lower shipments of premium iPhone 14 models than…
Weakening global demand hurts Vietnam’s garment makers – industry official
By Khanh Vu HANOI (Reuters) – Vietnam’s garment industry is expected to face a decline in orders from its key…
UK bond turmoil leaves smaller pension schemes with longer-term costs
By Carolyn Cohn LONDON (Reuters) – The recent crisis in Britain’s government bond market means smaller UK pension schemes may…
Mexico’s Pemex had a plan to fix its flaring problem, but abandoned it
By Stefanie Eschenbacher MEXICO CITY (Reuters) – In late 2016, to avoid racking up fines for burning too much natural…
Rouble rebounds vs dollar as Russian market reopens after long weekend
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) –…
Weaker franc helps Swiss National Bank’s forex reserves rise
ZURICH(Reuters) – The Swiss National Bank’s foreign exchange reserves rose in October, central bank data showed on Monday, as the…