Finance

Explainer-What is at stake for China-founded e-commerce giant Shein as EU rule looms By Reuters

By Arriana McLymore NEW YORK (Reuters) - Shein’s vast array of $5 shirts, $20 dresses and $15 shoes could face more trademark...

Toyota chairman’s support from shareholders slides amid governance concerns By Reuters

TOKYO (Reuters) - Toyota (NYSE:) Chairman Akio Toyoda's level of shareholder support dropped markedly at the automaker's annual general meeting...

Shipping regulation made climate change worse

Countries at the meeting of the United Nations' International Maritime Organization in London signed a deal for shipping emissions to reach net zero...

Sterling edges up after UK inflation data By Reuters

(Reuters) - Sterling rose slightly versus the euro and the dollar after data showed British inflation returned to the Bank of England's...

Over 500 Hajj pilgrims died in Saudi’s Mecca due to severe heat

At least 550 pilgrims lost their lives during this year's Hajj due to severe heat, Arab diplomats disclosed. The Saudi national meteorology center...

UK inflation returns to target for first time since 2021 By Reuters

By David Milliken and Suban Abdulla LONDON (Reuters) - British inflation returned to its 2% target in May for the first time...

UK inflation, May 2024

Shoppers on the high street in the Kingston district of London, U.K.Bloomberg | Bloomberg | Getty ImagesU.K. inflation fell to the Bank of...

China central bank boss says no major stimulus to boost economy

The head of China's central bank said on Wednesday that the economy still faced many challenges, but warned authorities would not resort to...

Katy Perry-backed food products firm Bragg explores sale, sources say By Reuters

By Abigail Summerville NEW YORK (Reuters) - Bragg Live Food Products, which is backed by celebrities Katy Perry and Orlando Bloom, is...

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