Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced to cut its forecasts once again in response to problems in North America. Dr. Martens said a variety of operational problems had created a bottleneck at its new distribution center in Los Angeles, leaving U.S. …
China’s dash for herd immunity from COVID-19 may not be the miracle cure for its economic ills that markets seem to think. Global markets have owed their bright start to the year largely to hopes that the world’s second-largest economy will quickly reap the benefits of dropping the harsh public health restrictions that slowed the …
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Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the Ministry of Finance said on Tuesday, reflecting the largest ever amount of yen-buying, dollar-selling interventionThe data comes alongside separate figures that confirmed Japan did not conduct stealth intervention in September and only entered the market to buy yen for U.S. dollars …
Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday. Inflation has surged to levels not seen in several decades, prompting a third of G20 countries to identify rising prices as their …
How much of a price jump is harder to predict since the safe-passage deal was already set to expire in mid-November if no agreement is reached to extend it Traders are bracing for a fresh spike in grain prices after Russia’s exit from a deal allowing Ukraine crops to move from the Black Sea to …
According to the UN, more than 300 residents have been evacuated from the beleaguered southeastern city of Mariupol and four other towns to Ukrainian-held Zaporizhzhia in a second successful operation to transfer civilians out of areas susceptible to Russian shelling and bombing. According to Osnat Lubrani, the UN humanitarian chief in Ukraine, many residents from …
According to the official press office, Ukrainian Prime Minister Denys Shmyhal has stated that Ukraine has received 4.5 billion euros (about $4.73 billion) in financial international aid since the conflict with Russia began. Ukraine has received $500 million in grant monies from the World Bank in the last week, according to Shmyhal. “We are especially …
Ukrainian President Volodymyr Zelenskyy said Russian troops in southern Ukraine have been carrying out torture and kidnappings, and he called on the world Sunday to respond. Torture chambers are built there, Zelenskyy said in an evening address to the nation. They abduct representatives of local governments and anyone deemed visible to local communities. Zelenskyy said humanitarian aid …
Bereft of allies and coalition partners, embattled Pakistan Prime Minister Imran Khan was ousted from power in the early hours of April 9 following a no-confidence vote. The combined opposition that spans the political spectrum from the left to the radically religious will form the new government in Pakistan, with Nawaz Sharif’s brother Shahbaz Sharif, the …
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