Chinese President Xi Jinping urged rescuers to make all-out efforts to save 53 people missing after a coal mine accident that also killed two people — a disaster that comes less than two weeks before a major political event.
A gauge of US home-purchase applications tumbled last week to the lowest level since 1995 as the highest mortgage rates in three months hammered a housing market struggling to stabilize.
Sweden’s ailing housing market may be entering a calmer phase after being battered by rising interest rates and soaring costs of living, Riksbank Governor Erik Thedeen said.
Mild temperatures in Ottawa keep Rideau Skateway closed
Talks between Saudi Arabia and Egypt over the purchase of Cairo-based United Bank have stalled over a disagreement about how to value the multi-million-dollar transaction, in a stumbling block as the government works to raise sorely-needed funding.
The navies of Russia, China and South Africa will conduct exercises including simulating air attacks on ships and liberating hostages from pirates in 10 days of exercises off the African country’s coast.
Watchfinder & Co., the online pre-owned watch-selling platform controlled by luxury conglomerate Richemont, has dropped prices by about 15% as valuations of used Rolex and other top models have declined.
The UK has surpassed India as the world’s sixth-largest equity market for the first time in almost nine months as a weaker pound boosted the appeal of heavyweight exporters trading in London and Adani Group-led jitters weighed on stocks in Mumbai.
Rio Tinto Group, one of the world’s most profitable companies, faces a tough battle to grow its lithium business, with some of the biggest carmakers prepared to pay a price it won’t match.
Commerzbank AG is working with management consultancy firm Bain on updating its strategy as the German lender seeks to boost revenue while keeping costs in check.
