DUBAI (Reuters) – Saudi Arabia’s non-oil business activity grew at a steady rate in April despite a slowdown in new order growth, a survey showed
Category: Economy
Cummins revenue misses estimates as truck demand stays on slow lane
(Reuters) – U.S. truck engine maker Cummins Inc missed Wall Street estimates for first-quarter sales on Thursday, dragged down by waning demand in China and
China passes tariff law amid tensions with trading partners
BEIJING (Reuters) -China passed a law on Friday strengthening its trade defence capabilities as the United States and the European Union take aim at Beijing
FDIC is approaching potential buyers of Republic First, Bloomberg News reports
(Reuters) -The Federal Deposit Insurance Corp (FDIC) is in talks with potential buyers for Republic First Bancorp, Bloomberg News reported on Wednesday, citing people with
Gulf markets subdued on geopolitical tensions, US rate cut concerns
By Ateeq Shariff (Reuters) – Most stock markets in the Gulf were subdued on Sunday amid geopolitical strife and uncertainties surrounding U.S. Federal Reserve policy.
NY Fed sees more time needed to shrink central bank holdings
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s effort to contract its balance sheet will likely run into 2025 before the process