Lift makers' order intakes hold up despite slow China
European liftmakers Schindler and Kone posted second-quarter order intake above expectations on Friday, but warned China's construction
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
European liftmakers Schindler and Kone posted second-quarter order intake above expectations on Friday, but warned China's construction
A look at the day ahead in European and global markets from Rae Wee It's been a turbulent week for investors marked by a tech selloff on the back of deepening Sino-U.S. trade tensions, uncertainty
China's economic recovery is not strong enough and the government needs to implement macro policies more effectively, said the senior Communist Party official for financial and
Finance Minister Shunichi Suzuki said on Friday that he would convey Japan's stance on foreign exchange at meetings of the Group of Twenty (G20) finance leaders to be held in Rio de
Brazil's Finance Minister Fernando Haddad unveiled plans on Thursday to freeze 15 billion reais ($2.70 billion) from the 2024 budget as the government struggles to meet this year's
Even some of the European Central Bank's more hawkish policymakers are open to an interest rate cut in September, provided incoming data confirm that disinflation is continuing,
The number of liquefied natural gas (LNG) tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest
The European Central Bank kept interest rates unchanged on Thursday, and gave no hints as to what investors might expect at its next meeting, saying September was "wide open" and
Germany faces a tough time finding ways to pay for its efforts to become climate-neutral by 2045 given the country's current tight budget constraints.
The European Central Bank's next strategy assessment will not involve some key issues, including a discussion on the bank's numerical inflation target or the publication of
LATAM Airlines is preparing to list its shares on the New York Stock Exchange in a move that could fetch it a valuation of $8.5 billion, the company said on Thursday.
The euro held steady on Thursday, as did euro zone government bond yields after the European Central Bank left interest rates unchanged, and did not signal a cut in September was
The European Central Bank kept borrowing costs on hold on Thursday, repeating that it needed to see more evidence that inflation was heading back to its goal before lowering
KeyCorp forecast a bigger drop in average loans in 2024 than previously anticipated on Thursday, and posted a 5% fall in second-quarter profit as costlier deposits eroded the regional
Increasingly popular "earned wage" advances on worker paychecks are consumer loans subject to existing federal laws, the U.S.
D.R.
Executives from French cognac companies and European Union officials on Thursday attended a hearing in Beijing related to China's anti-dumping investigation into EU brandy, the
European shares ended lower on Thursday as a continued selloff of chip stocks kept a lid on gains brought on by some positive
British stocks rose on Thursday after a slew of positive corporate updates, while data showed UK wage growth slowed but not enough to seal expectations
A senior Bank of Japan official said the central bank wants to maintain an accommodative monetary environment as much as possible, Jiji news agency reported on Thursday.
French automaker Renault said on Thursday its first-half sales volume rose 1.9% from the year-ago period on strong performance for its hybrids in Europe, its key
South Korea's finance minister on Thursday vowed to take policy steps to stabilise the real estate market, as house prices are rising in the area of the capital Seoul.
Japan is suspected to have intervened in the foreign exchange market to prop up the yen on several occasions this month, underscoring its discomfort over the pain the currency's fall
Volvo Cars cut its full-year retail sales forecast on Thursday, blaming European tariffs on EVs made in China that will hit one of the Swedish
Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong Kong and the United Arab Emirates in a bid to grow the affluent