AP Moller-Maersk on Wednesday forecast a slowdown in global shipping container demand in 2022 amid weakening consumer confidence and supply chain congestion. Story Published at: August 03, 2022 at 02:46PM
Shipping firm Maersk, a barometer for global trade, warns of weak demand and warehouses filling up
The $300 billion meme stock that makes GameStop look like child’s play
A little-known Hong Kong-based fintech firm saw its shares skyrocket 21,400% since its IPO in mid-July.Story Published at: August 03, 2022 at 01:35PM
Premier League players will limit taking a knee before matches, league announces ahead of new season
League says it supports players’ decision. Story Published at: August 03, 2022 at 12:22PM
Pelosi’s trip to Taiwan is like ‘pouring salt in an open wound for China’, Stephen Roach says
The top U.S. lawmaker met Taiwan President Tsai Ing-wen on Wednesday in a highly controversial visit that has angered Beijing.Story Published at: August 03, 2022 at 10:16AM
SocGen posts second-quarter loss after taking 3.3 billion euro hit on Russia exit
Societe Generale on Wednesday reported better-than-expected earnings despite taking a 3.3 billion euro ($3.36 billion) hit from exiting its Russian operations.Story Published at: August 03, 2022 at 06:44AM
Bank of England tipped for biggest interest rate hike in 27 years as inflation soars
The Bank of England is broadly expected to hike interest rates by 50 basis points on Thursday, its largest single increase since 1995.Story Published at: August 03, 2022 at 06:16AM
Climate change isn’t party political and people are realizing it’s not a ‘left-wing plot,’ charity founder says
Discussions about climate change and its effects on the world we live in are here to stay.Story Published at: August 03, 2022 at 06:18AM
From luxury city escapes to vacation rentals: These are Europe’s best destinations to buy a second home
Whether you’re on the hunt for a vacation property or a store for your cash as stocks somersault, Europe has a host of compelling second home destinations.Story Published at: August 03, 2022 at 06:14AM
European markets head for lower open as negative sentiment persists
European stocks are expected to open lower Wednesday, continuing the regional trend downward this week.Story Published at: August 03, 2022 at 05:25AM
Singaporeans with low incomes continue to face the lowest wage growth, DBS says
Low-income earners in Singapore will face the lowest growth in wages and the biggest jump in household expenses as inflation rises, according to DBS. Story Published at: August 03, 2022 at 04:40AM