Jul 19, 2024 | Markets
European stocks fell for a fifth day as a series of technical glitches swept around the world, hitting trading, travel and support services. The Stoxx 600 Index ended the session with a loss of 0.8% to notch its worst week since October. Travel and leisure stocks were...
Jul 19, 2024 | Markets
Central bank leaves benchmark interest rate at 19.5% Expects improved supply of consumer goods to ease inflation Angola’s central bank surprised financial markets by leaving borrowing costs unchanged on expectations that inflation will start to ease from August. The...
Jul 19, 2024 | Markets
Metals driven lower as Beijing refrains from major stimulus Global copper inventories have ballooned in recent months Copper headed for its biggest weekly loss since 2022 and iron ore extended a slump toward $100 a ton as a policy meeting in China failed to lay out...
Jul 19, 2024 | Markets
EV maker looks to use parent company’s existing Europe plants Zeekr CEO expresses regret over tariffs on Chinese vehicles Electric-vehicle maker Zeekr is considering making cars in European factories linked to its parent, the Chinese auto conglomerate Zhejiang Geely...
Jul 18, 2024 | Markets
Sales in the first half of the year fell 57% from 2023 Trend does little to cut prices as development costs stay high Toronto’s condominium developers saw sales of new units fall to the slowest pace in 27 years as high interest rates temper demand despite a shortage...
