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Kyle Rift

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Sahm rule creator doesn’t think that the Fed needs an emergency rate cut

The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to Claudia Sahm, chief economist...

An airline now allows women to avoid sitting next to men. Here’s how travelers are reacting

India's biggest budget airline IndiGo has been trialing a booking feature that will allow women to avoid booking a seat next to men on...

Asia-Pacific markets extend gains as Wall Street rebounds; China trade data in focus

A cargo ship is sailing towards the docking of a foreign trade container terminal in Qingdao Port, Shandong province, in Qingdao, China, on June...

Consumer giants from Starbucks to General Mills have one big sales problem: China

Pictured here is a McDonald's store in Yichang, Hubei province, China, on July 30, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — A theme emerging...

Turkey will bid to join ICJ genocide case against Israel, source says

ISTANBUL (Reuters) - Turkey will submit on Wednesday a declaration of intervention in South Africa's genocide case against Israel at the International Court...

ABN Amro lifts full-year net interest income outlook

(Reuters) -Dutch lender ABN Amro forecast its full-year net interest income (NII) to come in at 6.4 billion euros ($6.98 billion), above its...

Obesity drugmaker Novo Nordisk misses Q2 profit forecast

(Corrects sales growth forecast in paragraph 2 to say 22%-28%, not 20%-28%) LONDON (Reuters) -Novo Nordisk on Wednesday posted second-quarter operating profit below...

Australia’s lithium industry seen bearing brunt of supply cuts

By Melanie Burton MELBOURNE (Reuters) - Arcadium Lithium on Wednesday joined a growing list of producers reviewing lithium operations in Australia amid a...

Volatile markets test Kishida’s push to make Japan a nation of investors

By Sakura Murakami and Tim Kelly TOKYO (Reuters) - A day after the Tokyo stock market had its biggest fall since 1987, Yuri...

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