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Household wealth optimism collapses, global survey shows

Household wealth optimism collapses, global survey shows

by Reuters | Jan 16, 2023 | Africa, Asia, Business, Economy, Europe, Health, Latin America, Politics, UK, US

By Mark John (Reuters) – Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions among low-income households. The Edelman Trust...
How 2022 shocked, rocked and rolled global markets

How 2022 shocked, rocked and rolled global markets

by Reuters | Dec 30, 2022 | Asia, Business, Economy, Europe, Middle East, UK, US

By Marc Jones LONDON (Reuters) – Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires – 2022 has been perhaps the most turbulent year investors have ever seen, and...
Oil falls over 3% after data raises Fed interest rate worries

Oil falls over 3% after data raises Fed interest rate worries

by Reuters | Dec 5, 2022 | Business, Economy, Europe, Middle East, UK, US

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 3% on Monday, following U.S. stock markets lower, after U.S. service sector data raised worries that the Federal Reserve could continue its aggressive policy tightening path. Brent crude futures settled down...
EV battery makers race to develop cheaper cell materials, skirting China

EV battery makers race to develop cheaper cell materials, skirting China

by Reuters | Nov 15, 2022 | Asia, Business, Europe, Technology, UK, US

By Nick Carey and Paul Lienert (Reuters) – U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could reduce China’s battery dominance, ease looming supply bottlenecks and lead to...
Electric vehicle makers burning cash, slammed by sky-high costs

Electric vehicle makers burning cash, slammed by sky-high costs

by Reuters | Nov 14, 2022 | Business, Economy, Europe, Technology, UK, US

By Akash Sriram (Reuters) – Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly...
Factbox-Governments act to ease inflation pain

Factbox-Governments act to ease inflation pain

by Reuters | Oct 31, 2022 | Africa, Asia, Business, Canada, Central America, Economy, Europe, Latin America, Middle East, Politics, UK, US

(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have driven up prices of energy, commodities and basic necessities. Below is a list of actions taken by governments to try to help hard-hit...
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