Washout for UK retailers as rain spurs sharp drop in April sales
British retail sales slid by far more than expected in April as rainy weather kept shoppers away, in more mixed…
An ECB rate cut next week won’t be a declaration of victory -Lane
The European Central Bank’s likely interest rate cut next week will be no declaration of victory over inflation, the ECB’s…
China better be prepared for US ‘no-landing’
The assumption of a “soft landing “for the United States economy is a critical premise in China’s economic situation assessment…
China’s industrial profits rise 4.3% in Jan-April, unchanged from Q1
Profits at China’s industrial firms rose 4.3% in the first four months from the same period last year, official data…
ECB could start cutting rates in June, ECB’s Rehn says
Inflation is converging to the European central bank’s 2% target, making it possible to ease monetary policy and to start…
ECB’s Cipollone says recent data backs easing
Recent economic data strengthens the European Central Bank’s confidence about lowering borrowing costs as inflation eases, ECB board member Piero…
US political independents drift closer to Republicans’ sour view of economy
U.S. political independents, who typically occupy the center ground in a closely watched monthly survey of overall consumer attitudes about…
Singapore is Ready for Commercial Methanol Bunkering Operations
Singapore reports that it has completed its preparation and is now ready to offer full-scale commercial operations for the bunkering…
Full Reopening of Baltimore’s Ship Channel Delayed
The challenging task of removing the final piece of Baltimore’s Francis Scott Key Bridge will take a bit longer than…
RWE Red Lights 1.6 GW Wind Farm for Germany’s North Sea
German energy company RWE has decided to proceed with a large, two-phase, offshore wind farm project which is part of…