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Global firms warn of sluggish China demand due to lengthy COVID curbs
May 26 (Reuters) - Two months into harsh COVID-19 lockdowns that have choked global supply chains, China's economy is staggering back to its feet, but businesses from retailers to chipmakers are warning of slow sales as consumers in the country slam the brakes on spending. Car sales in the world's...
The Biden administration is blaming record high inflation partly on Trump’s China tariffs
Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations. U.S. tariffs on Chinese imports survived a change in administration, but the trade-war-era levies may not survive record inflation. “We’re certainly looking at where we see costs being raised and,...
China urges 'restraint' after Russia's foreign minister raises prospect of nuclear war
"No one wants to see the outbreak of a third world war," Chinese Foreign Ministry spokesman Wang Wenbin told reporters during a briefing.
The FBI seized Prada shoes, sunglasses, and hiking boots during raids on 2 mansions linked to a sanctioned Russian oligarch, report says
The FBI also seized financial records and fine art in the October 2021 raids on properties linked to billionaire Oleg Deripaska, per Bloomberg.
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Russia Threatens Japan With 'Retaliatory Measures' Over U.S. Naval Exercise
Russian Deputy Foreign Minister Igor Morgulov made the comments to Russian state-owned newswire RIA Novosti.
According to a study carried out in the United Kingdom, those over 55 are not satisfied with the way they are represented in advertising
This is an important segment of the population with purchasing power that is practically ignored by advertising campaigns.
Serco boosts profit outlook as British outsourcer wins more contracts
May 26 (Reuters) - British public services outsourcer Serco (SRP.L) boosted its annual profit outlook in a surprise update on Thursday, as it wins more government contracts globally for defence and immigration services. London-listed Serco now expects underlying trading profit of 225 million pounds ($282.7 million) in 2022, some 30...
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