Wednesday, November 27, 2024
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US Steel Industry Sees Economy Reviving Demand in 2025

(Bloomberg) -- American steel executives say they’re optimistic that demand for the industrial material will rebound next year, recovering from the lackluster demand and...

Will Gold’s Tailwinds Be Enough to Overcome September Curse?

(Bloomberg) -- Gold investors returning from their summer holidays will be eager to see whether the precious metal can sustain its record-breaking rally, or...

Charting the Global Economy: Inflation Eases in US and Europe

(Bloomberg) -- Inflation cooled in the US and Europe, setting the stage for policymakers in both regions to lower interest rates in September.Most Read...

China Factory Activity Extends Slide as Headwinds Mount

(Bloomberg) -- China’s factory activity contracted for a fourth straight month in August, the latest sign the world’s No. 2 economy may struggle to...

China’s Troubled Solar Industry May Be Nearing a Turning Point

(Bloomberg) -- China’s solar manufacturers have just been through a bloodbath of an earnings season, but there are tentative signs the massive glut that’s...

Venezuela Slowly Powers Up After Claiming ‘Sabotage’ of Grid

(Bloomberg) -- Venezuela’s electric supply is being reestablished after a 12-hour blackout that hit all the nation’s 24 states early on Friday, President Nicolás...

Bankrupt Steward Strikes Hospital Lease Pact With Landlord MPT

(Bloomberg) -- Bankrupt Steward Health Care has reached an agreement in principle with its landlord Medical Properties Trust Inc. to resolve billions of dollars...

Oil Slumps With Focus on OPEC+ Output Plans in Fourth Quarter

(Bloomberg) -- Oil fell sharply as traders priced in expectations that OPEC+ will proceed with previously announced output hikes in the fourth quarter.Most Read...

India’s Economic Growth Slows as Concerns Mount Over Outlook

(Bloomberg) -- India’s economy grew at a slower pace last quarter than expected, with risks to the outlook mounting and pressure building on the...

ECB Should Proceed Cautiously With Rate Cuts, Schnabel Warns

(Bloomberg) -- The European Central Bank shouldn’t lower interest rates too quickly as risks to inflation’s return to 2% persist, according to Executive Board...

Stocks Rise for Fourth Month on US Easing Hopes: Markets Wrap

(Bloomberg) -- Global stocks are closing in on a fourth month of gains, lifted by hopes of a soft landing for the US economy...

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