Category: Global
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China’s Xi backs Macron call for global Olympic truce By Reuters
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Written by John Irish and Elizabeth Pineau PARIS (Reuters) – Chinese President Xi Jinping on Monday called for a global truce during the Paris Olympics this summer after the French president and the head of the European Commission urged him to use his influence over Russia to end its war…
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European markets in green, extending global rally (EUR:USD)
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Da-kook/E+ via Getty Images London (UKX) is closed for the bank holiday Germany (DAX:IND) +0.29% Germany’s services PMI improved to 53.2 in April France (CAC:IND) +0.16% France’s services PMI rose to 51.3 in April The services PMI and composite PMI rose to an 11-month high in the euro zone. Spain’s…
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Global Housing Shortages Are Crushing Immigration-Fueled Growth
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Breadcrumb Trail Links PMN Business Households go backwards in 13 developed economies as record immigration runs into a housing crisis. Author of the article: Bloomberg News Randy Thanthong-Knight, Swati Pandey and Tom Rees Published May 05, 2024 • 11 minute read You can save this article by registering for free here.…
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Climb Global Solutions reports mixed Q1 results By Investing.com
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Climb Global Solutions (ticker not provided) has reported its financial results for the first quarter of 2024, revealing a mix of positive developments and challenges. The company saw double-digit organic growth in North America and benefits from its recent acquisition of DataSolutions in Europe. However, softer volumes with key vendors…
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Weak diesel market adds to concerns about global oil demand (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images Crude oil futures ended little changed on Thursday, as a surprisingly large build in US inventories that raised concerns about demand and a potential ceasefire in the Middle East hampered any potential recovery from yesterday’s sharp losses. Dip in Global demand for diesel is also…