UK retail sales jump unexpectedly in April

investing.com LONDON -British retail sales jumped unexpectedly in April, official data showed on Friday, but the outlook for consumer spending remained resolutely downbeat as the cost-of-living crunch intensifies. Retail sales...

Analysis-Fearing Russian cutoff, German industry braces for gas rations race

investing.com By John O'Donnell and Christoph Steitz FRANKFURT - German big business is drafting a plan to use an auction system to help ration available supplies in the event Russia cuts off its gas, although some fear it could...

Zurich Insurance to exit Russian market, sell business to local team

investing.com ZURICH -Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest company to announce its exit from the Russian market. A slew...

Shanghai economy hit on all sides in April by COVID lockdown

investing.com BEIJING -China's commercial hub of Shanghai reported on Friday a broad decline in its economy last month when a city-wide COVID lockdown shut factories and kept residents at home, sparking concerns among foreign...

Shanghai economy hit on all sides in April by COVID lockdown

reuters.com China's commercial hub of Shanghai reported on Friday a broad decline in its economy last month when a city-wide COVID lockdown shut factories and kept residents at home, sparking concerns among foreign firms over...

I can’t see the light': War fuels surging prices in Europe

apnews.com MILAN (AP) — Edoardo Ronzoni inspects a construction site near Milan that he shut down in March as costs for materials skyrocketed. He can’t complete a half-built roundabout at an intersection known for...

Tesla (TSLA) stock has fallen and some important investors appear to panic

electrek.co Tesla’s stock has fallen significantly in the last few months, and even more so over the last week. Now some important investors appear to panic, and one is asking for a stock buyback program from Tesla. Tesla has...

Tesla (TSLA) stock has fallen and some important investors appear to panic

electrek.co Tesla’s stock has fallen significantly in the last few months, and even more so over the last week. Now some important investors appear to panic, and one is asking for a stock buyback program from Tesla. Tesla has...

Tesla's Musk says he 'can no longer support' Democrats, 'will vote Republican'

reuters.com Tesla Inc (TSLA.O) CEO Elon Musk says he will now vote for Republicans. "In the past I voted Democrat, because they were (mostly) the kindness party," he tweeted. Musk, the world's richest man, has agreed to buy...

N.Korea boosts production of drugs, medical supplies to battle COVID

investing.com By Hyonhee Shin SEOUL -North Korea is ramping up production of drugs and medical supplies including sterilisers and thermometers as it battles an unprecedented coronavirus outbreak, state media KCNA said on...

China Car Sales Bounce Back in May as Covid Curbs Ease

asiafinancial.com April was the worst month for China's market since early 2020 as the country shut factories and imposed movement restrictions to combat new Covid-19 cases The post China Car Sales Bounce Back in May as Covid Curbs...

Tesla's Musk says he 'can no longer support' Democrats, 'will vote Republican'

reuters.com Tesla Inc (TSLA.O) CEO Elon Musk says he will now vote for Republicans. "In the past I voted Democrat, because they were (mostly) the kindness party," he tweeted. Musk, the world's richest man, has agreed to buy...

Business Highlights: Wall Street sell-off, Target's woes

apnews.com ___Stocks fall sharply as Target’s woes renew inflation fearsNEW YORK (AP) — Stocks closed sharply lower on Wall Street Wednesday as dismal results from Target renewed fears that inflation is battering U.S....

Biden's burdens grow: Sagging global economy adds to US woes

apnews.com WASHINGTON (AP) — As President Joe Biden embarks for Asia on Thursday, he's facing a new risk at home for the economy and his Democratic Party: a global slowdown caused by Russia's invasion of Ukraine and the ...

Green options transforming a wedding industry prone to waste

apnews.com NEW YORK (AP) — The wedding industry remains fraught with waste, but a growing contingent of brides and grooms is pushing for more sustainable changes, from the way they invite guests to the food they serve and the...