Business Times - Business & Financial News, China & International ...
China's export growth slowed sharply in September, raising new concerns about the outlook for the world's second-largest economy. According to data released by the Chinese customs office on Monday, exports rose just 2.4% year-on-year in U.S. dollar terms, a significant decline from the 8.7% increase reported in August.
Trump's New York Hush Money Conviction Delayed as Presidential …
10 hours ago · Trump-appointed judges have also played roles in dismissing certain charges, further complicating the legal landscape. In a move that underscores the complex legal landscape surrounding President-elect Donald Trump, New York Judge Juan Merchan on Tuesday agreed to delay any decision on overturning Trump's conviction in the hush money case.
China's Q3 GDP Growth Slows, Pushing Calls for More Stimulus …
Oct 19, 2024 · China's economy expanded at the slowest pace since early 2023 in the third quarter, as the world's second-largest economy grapples with a property market slump and weak domestic demand. Despite slightly better-than-expected consumption and factory output data in September, the overall economic picture remains challenging for Beijing, pushing for additional stimulus to revive growth.
Boeing’s October Deliveries Plunge Amid Strike Fallout, Major …
10 hours ago · The strike had a clear impact on Boeing's October performance, with the company delivering just 14 aircraft-the lowest monthly total since November 2020. Nine of these were 737 Max jets. Despite the disruption, Boeing managed to secure 63 new orders, including 40 737 Max 8 jets for Avia Solutions Group. Deliveries were handled by non-striking ...
Boeing Strike Ends as Workers Accept New Contract with 43
Nov 5, 2024 · By the end of the four-year term, the workers' pay will have risen by 43%, raising the average annual wage to $119,309. Each worker will also receive a $12,000 ratification bonus, part of which can be allocated toward retirement savings. Despite the new contract's benefits, a core issue-the restoration of traditional pensions-remains unresolved.
Kate Middleton Returns to Royal Duties, Emotional at …
2 days ago · The Princess of Wales, Kate Middleton, made a poignant return to public life during a weekend of Remembrance events in London, marking her first major engagements since completing chemotherapy. The 42-year-old royal joined her husband, Prince William, and other senior members of the royal family at the Festival of Remembrance on Saturday ...
IMF Raises U.S. Growth Forecast Amid Global Concerns, Cuts …
Oct 23, 2024 · The International Monetary Fund (IMF) has raised its 2024 economic growth forecast for the U.S. while trimming expectations for key global players such as China and the eurozone. The updated World Economic Outlook, released on Tuesday, projects U.S. growth at 2.8%, up two-tenths of a percentage point from July's forecast.
Boeing Withdraws Contract Offer to Machinists; No Deal in Sight …
Oct 10, 2024 · Boeing's efforts to negotiate a deal with its key manufacturing union have come to a standstill, as talks between the aerospace giant and the International Association of Machinists and Aerospace Workers (IAM) broke down, extending a strike that has already stretched into its fourth week. With no further negotiations planned, the company has withdrawn its pay offer, citing the union's demands ...
The Ongoing Boeing Strike Threatens Jobs Across Aerospace …
Oct 26, 2024 · The ongoing Boeing strike and the workers' rejection of the aerospace giant's latest contract offer have created significant ripple effects throughout the aerospace supply chain. With more than 33,000 Boeing employees on strike, suppliers like Independent Forge, a small family-run operation in Orange County, California, are feeling the strain.
Gold Pulls Back as Traders Take Profits Before U.S. Election and …
Oct 31, 2024 · Spot gold, which earlier reached a new high of $2,790.15 per ounce, fell by as much as 2%, hitting $2,731.65 before settling at $2,738.51 an ounce by mid-morning in New York. The pullback comes amid anticipation of significant events next week, including the U.S. presidential election on Nov. 5 and a closely watched Federal Reserve meeting.
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