[ad_1] LONDON (Reuters) – Britain’s Brexit crisis tipped the country’s construction industry into its sharpest fall in a decade in June, a survey showed on Tuesday, in a stark sign of how quickly the world’s
Stocks lose steam as threats to growth end relief rally
[ad_1] LONDON (Reuters) – Stocks eked out meager gains on Tuesday amid worries the global economy was faltering after data showed manufacturing activity slowed last month, weakening appetite for risk. A man walks past an
OPEC and allies set to extend oil supply cuts, prop up prices
[ad_1] VIENNA (Reuters) – OPEC and its allies led by Russia are set to extend oil output cuts until March 2020 on Tuesday to try to prop up the price of crude as the global
For some firms, South Korea’s economy feels like it’s already in recession
[ad_1] SEOUL (Reuters) – Kang Dong-wan, the head of an electronic goods supplier for South Korea’s biggest global brands, says it feels like Asia’s fourth-largest economy is in a recession as business conditions have deteriorated
AB InBev seeks $9.8 billion for Asia unit in world’s largest IPO this year
[ad_1] HONG KONG (Reuters) – Brewing giant Anheuser-Busch InBev NV (AB InBev) (ABI.BR) is seeking to raise up to $9.8 billion from a Hong Kong listing of its Asia-Pacific business, marking what would be the
Gold rises on global growth worries, U.S.-EU trade row
[ad_1] (Reuters) – Gold prices edged higher on Tuesday after a steep fall in the previous session, as investors fretted about an economic slowdown amid weak global manufacturing data and U.S.-European trade ructions. FILE PHOTO:
Oil prices ease as demand worries counter supply cuts
[ad_1] SINGAPORE (Reuters) – Oil prices drifted lower on Tuesday, as weak global data raised concerns about future demand for the commodity despite a positive boost from OPEC’s decision to extend supply cuts until next
Asian shares cautious as weak manufacturing data stoke growth worries
[ad_1] SHANGHAI (Reuters) – Asian shares were choppy on Tuesday as weak global manufacturing activity reinforced worries about slowing world growth, while the initial enthusiasm over a Sino-U.S. trade truce gave way to uncertainty over
Trade hopes lift S&P to record as tech leads
[ad_1] NEW YORK (Reuters) – U.S. stocks climbed on Monday, but finished off earlier highs, led by gains in technology stocks on optimism for progress in U.S.-China trade talks and signs of a likely reprieve
Oil prices slip as demand worries outweigh OPEC supply cuts
[ad_1] SINGAPORE (Reuters) – Oil prices slipped on Tuesday as worries that a weakening global economy would dent demand for the commodity outweighed OPEC’s decision to extend supply cuts until next March. FILE PHOTO: Pumpjacks