Country Garden: Debt-laden China property giant in record loss
Country Garden, one of China's biggest property developers, has become the latest real estate giant to warn that it could default on it...
Chevron: Workers at major Australia gas facilities to strike
Workers at two large liquefied natural gas (LNG) plants in Australia are set to go on strike from 7 September, in a move that could dri...
Gas prices fall as fears over Australian strike recede
Wholesale gas prices in Europe have fallen after a planned strike at Australia's largest liquefied natural gas plant looked to have bee...
US faces more interest rate rises to cool inflation
The US Federal Reserve chairman has said the central bank will continue to raise interest rates "if appropriate" as inflation remains "...
Inflation slows to 6.8% but flights and hotels keep prices high
Inflation slowed last month due to lower energy costs but pressure remains on households with food, restaurant and hotel costs staying ...
Cash, cars and homes seized in $735m Singapore anti-money laundering raids
Singapore police have seized about S$1bn ($735m; £578m) - including luxury homes, cars and watches - in one of its biggest anti-money l...
Biden urges UAW and Big Three automakers to reach deal to avoid strike
President Joe Biden sought to ramp up pressure on the United Auto Workers union and the nation’s three unionized automakers – Ford, Gen...
UK wages grow at record rate
Wages grew at a record annual pace between April and June, according to new figures from the Office for National Statistics.
Regular p...
Italian banks hit with surprise windfall tax
Italy has passed a one-off 40% tax on the profits banks earn from higher interest rates, in a shock move that has seen shares plummet.
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Deflation: Why falling prices in China raise concerns
China's economy has slipped into deflation as consumer prices declined in July for the first time in more than two years.
The official...