weak

Oil prices fell more than 4% on Tuesday after China’s exports dropped for a sixth straight month, underscoring a slowdown in global demand.West Texas Intermediate (CL=F) settled 4.3% lower at $77.37 per barrel. Brent (BZ=F) crude futures…

© Reuters. FILE PHOTO: Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. Picture taken August 27, 2020. REUTERS/Clodagh Kilcoyne/File Photo By Helen Reid LONDON…

© Reuters. Swiss chemical giant Clariant (SWX:CLN) reported a significant drop in Q3 sales on Monday, with a decrease of 21% to CHF 1.03 billion ($1.14 billion) from CHF 1.31 billion in the same period last year. The company…

© Reuters. U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo By Harry Robertson LONDON (Reuters) - The dollar rose on Tuesday after briefly falling to a one-month low on…

HELSINKI (AP) — Telecom gear maker Nokia said Thursday that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit.The Finnish…

Currencies Weak shilling hands CBK Sh131bn unrealised forex gain Monday October 16 2023 The Central Bank of Kenya in Nairobi. FILE PHOTO | NMG The Central Bank of Kenya (CBK) doubled the unrealised exchange gains on its dollar…

A US Treasury payment check.Douglas Sacha/Getty ImagesA recent string of Treasury auctions has suffered from weak investor demand.Strategists at TD Securities raised the question of whether it's a "canary in the coal mine."But Ed Yardeni…

EUR/USD, EUR/GBP News and AnalysisEuro Fundamentals Slide Lower after IMF Issues Growth DowngradeThe IMF released its semi-annual World Economic Outlook (WEO) this week where a number of growth downgrades were issued. Germany was among the…

IMF's Georgieva weighs in on global economic trends. Like the Fed sees rates higher for longer. Current pace of global growth remains quite weak.Global growth is well below 3.8 pre-pandemic averageStronger demand for services, progress on…

© Reuters. FILE PHOTO: Light is cast on a U.S. one-hundred dollar bill next to a Japanese 10,000 yen note in this picture illustration shot February 28, 2013. REUTERS/Shohei Miyano/Illustration/File Photo By Leika Kihara TOKYO…