George Economou adds another tranche of Performance shares as he extends takeover offer
Greek tycoon keeps tender open after launching new legal action against tanker owner
Resilient US retail sales suggests Fed decision will be a coin toss
Mixed newsflow makes the Fed decision a close call US retail sales in August were stronger than anticipated, rising by…
China’s economy is going through a ‘slow, painful, grinding adjustment,’ analyst says
Following a slew of data released over the weekend from China that painted a fairly bleak outlook for its economy,…
Traders brace for least predictable Fed meeting in years
Traders in global financial markets are facing extraordinary uncertainty as they await the U.S. Federal Reserve’s expected rate cut on…
With Fed’s rate cut at hand, debate swirls over how big a move
The Federal Reserve on Wednesday almost certainlywill lower interest rates for the first time in more than four years as…
There’s no debate: big US spending is a tough sell
Joe Biden entered the White House aiming to become the second coming of Franklin Roosevelt: a president who would respond…
China’s local government debt problems are a hidden drag on economic growth
China’s persistent consumption slowdown traces back to the country’s real estate slump, and its deep ties to local government finances…
Ethanol push turns India into corn importer, shaking up global market
A push by India to make more corn-based ethanol has turned Asia’s top corn exporter into a net importer for…
Germany to increase Kazakh crude oil imports, sources say
Germany will sign two contracts to increase oil imports from Kazakhstan for Berlin’s main Schwedt oil refinery, sources told Reuters.…