The UK government vowed to stick to its ban on the sale of new petrol and diesel cars from 2030 in an attempt to reassure businesses and investors in the electric vehicle industry after Prime Minister Rishi Sunak had appeared to waver on the policy in recent days.
Archer-Daniels-Midland Co., one of the world’s largest crop traders, reported earnings that blew past analyst estimates following a record soybean harvest in Brazil.
A Russian fighter jet flew dangerously close to a US MQ-9 Reaper over Syria, firing flares that damaged the drone during a dangerously close encounter on July 23, the Pentagon said Tuesday.
US consumer confidence advanced in July to a two-year high, bolstered by a strong job market and easing inflation.
Wall Street is so convinced that the Federal Reserve’s restrictive policies are nearing an end that money managers are already trading as if rate hikes were a thing of the past.
A hedge fund that bought El Salvador bonds last year still sees value in the debt even after it posted a 180% return.
The decline in Israeli assets accelerated on Tuesday as investor concern grew over a law that weakens the power of judges and which has sent hundreds of thousands of Israelis to the streets in protest.
General Motors Co. keeps finding ways to defy the impact of inflation and rising interest rates, easily beating analyst earnings estimates in the latest quarter and raising 2023 profit projections for the second time this year. But that hasn’t garnered excitement from shareholders.
Global grain prices could increase as much as 15% after Russia pulled out of a deal that allowed Ukraine to safely ship its grain through ports on the Black Sea, the International Monetary Fund’s chief economist said.
Turkey’s central bank has rolled out new measures to curb credit-card spending and limit loans to some industries as it leans on backdoor tightening to get a grip on inflation without crashing the economy.
