Oil Dips to Nearly Two-Month Low Amid Shaky Demand, OPEC Watch

Citigroup reduces forecast for China’s economic growth Technicals suggest the latest lurch lower has been too quick Oil retreated to the lowest in almost two months as the outlook for demand in China remained gloomy while traders looked ahead to key data points. West...

Condo Rents in Toronto Decrease for First Time in Three Years

Surge in rental listings is helping to relieve cost pressure Rents had been setting records amid surge in immigration Rents for Toronto condos fell this year for the first time since 2021 as a surge in listings brought some relief to renters. Average condo rents for...

P&G Sales Miss Estimates as Price Increases Finally Slow Down

CFO says company used promotions to bolster a new Tide product Organic sales increased at the slowest pace in six years Procter & Gamble Co. shares fell the most in more than four years after quarterly sales missed analysts’ projections as the maker of Pampers...

Chinese EVs Nab Record 11% Share in Europe Ahead of Tariffs

SAIC fills dealer lots with MG4 model to beat duty deadline BYD gains customer traction with Euro 2024 marketing push Chinese brands captured 11% of the European electric-car market in June, notching record registrations as manufacturers raced to beat stiff European...