Europe markets mixed as investors look to euro zone inflation data
European markets were mixed Monday as investors look ahead to euro zone inflation data and a key policy decision from the Bank of England.
Bank of Japan needs to move sooner to a new normal as current policy is ‘very harmful’, says strategist
BOJ kept its ultra low interest rates unchanged but shocked financial markets by loosening its yield curve control — or YCC — in a sudden move that has wide-ranging implications.
Telecoms giant BT Group appoints Allison Kirkby as CEO
Britain’s telecoms titan BT Group on Monday appointed Allison Kirkby to replace Philip Jansen as chief executive, saying the switch would take place toward the end of January 2024 at the latest.
Heineken cuts 2023 forecast on Vietnam slowdown
Heineken, the world’s second-largest brewer, reduced its forecast for 2023 profit growth on Monday after a weak performance in Asia depressed first-half earnings by more than expected.
India’s accelerating growth can fill the global commodity demand gap left by a slowing China
India can make up for some of the commodity demand gap left by China given the latter’s slowing economic growth, ANZ projects.
Contraction in China factory activity extends into a fourth month
The official manufacturing purchasing managers’ index came in at 49.3 in July — compared with 49.0 in June, 48.8 in May and 49.2 in April.
Asia markets rise as China’s factory activity contracts for fourth straight month
China will see both manufacturing and non-manufacturing activity data from its national bureau of statistics
The Fed may be about to crash the plane, but the focus should be on profits
Strategists have been so busy focusing on macroeconomics that they’ve forgotten the single most important part of our business: profits.
An ‘accent hierarchy’ in the workplace? It’s real, studies show
Accent bias in the corporate rate is driving accent reduction classes, reports CNBC’s Monica Pitrelli.
Analysts love these cheaper stocks from the U.S. and beyond — and expect one to double
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