EUROPE

Stock Markets Today: Treasuries, China reform, Apple’s sales, Apollo’s profit

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Stock Markets Today: Treasuries, China reform, Apple’s sales, Apollo’s profit

Good morning. Souring mood in the bond market, China’s efforts to revive its stock market and Apple suffers from another slump. Here’s what people are talking about. The mood is rapidly souring in the world’s bond market, raising the stakes for Friday’s much-anticipated US monthly jobs data. A surge in long-term yields to their highest … Read more

Stock Markets Today: UK Falling Prices, Foxconn India, Hedge Funds, Economy

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Stock Markets Today: UK Falling Prices, Foxconn India, Hedge Funds, Economy

Good morning. UK store prices fall for the first time in two years, Apple’s main supplier to boost India presence and hedge funds rein in positions. Here’s what people are talking about. Prices in UK stores fell for the first time in two years, in another sign that the cost-of-living crisis is starting to ease. … Read more

Barclays and Deutsche Bank Aren’t Delivering the Goods

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Barclays and Deutsche Bank Aren’t Delivering the Goods

NatWest Group Plc got all the bad publicity last week after a political storm over its dealings with a provocative client led its chief executive officer to resign. But UK rival Barclays Plc was a bigger loser in the stock market and is still among the lowest valued major banks in Europe. Barclays’s second-quarter results … Read more

Global Warming: Air-Con’s Carbon Footprint Is Smaller Than Heating

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Global Warming: Air-Con’s Carbon Footprint Is Smaller Than Heating

How did the fossil-fuel era begin? With Europeans heating their houses in winter. The Industrial Revolution would likely never have started if medieval Britain hadn’t turned to coal swept from the beaches of Northumbria to replace firewood from its dwindling forests. One of the world’s first air pollution laws was a 1306 proclamation prohibiting the … Read more

World Economy Latest: US Jobs to Support Soft-Landing Narrative

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World Economy Latest: US Jobs to Support Soft-Landing Narrative

Hiring in the US probably increased at a healthy yet more moderate clip this month, representing a vote of confidence about the demand outlook after a solid first half of the year. The closely watched jobs report on Friday is projected to show employers boosted payrolls by 200,000 in July, while unemployment held at a … Read more

Russia has not yet allowed access to the roofs of the Zaporizhzhia nuclear reactor, according to the IAEA

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Russia has not yet allowed access to the roofs of the Zaporizhzhia nuclear reactor, according to the IAEA

VIENNA, July 20 (Reuters) – Moscow has still not let the UN’s nuclear watchdog inspect the roofs of reactors at Russia’s Zaporizhzhia nuclear power plant in Ukraine, the watchdog said on Thursday, two weeks after it first requested what it called “essential” access. On July 4, Russia and Ukraine accused each other of plotting to … Read more

Europe heatwave 2023: Is it safe to travel to Italy, France and Spain now? Can you claim refunds on cancelling plans?

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Europe heatwave 2023: Is it safe to travel to Italy, France and Spain now? Can you claim refunds on cancelling plans?

Amid the peak travel season, Europe is witnessing record high temperature and World Meteorological Organization (WMO) has predicted that heat wave in the northern hemisphere is set to intensify further in the next few days. Amid the peak travel season, Europe is witnessing record high temperature and World Meteorological Organization (WMO) has predicted that heat … Read more