China’s Credit Unexpectedly Shrinks in April Amid Weak Demand
China’s credit in April shrank for the first time as government bond sales slowed, while loan expansion was worse than expected in a sign of weak demand.
China’s credit in April shrank for the first time as government bond sales slowed, while loan expansion was worse than expected in a sign of weak demand.
Fort McMurray, hub of Canada’s oil-sands operations, is under an evacuation alert as an out-of-control fire rages about 16 kilometers (10 miles) southwest of the Alberta town.
Analysts are ratcheting up earnings forecasts for the current quarter at the swiftest pace in two years, suggesting that the worst of Corporate America’s profit slump may be firmly in the rear-view mirror.
The south of Brazil is preparing for the arrival of new rains and colder temperatures that threaten to deepen a crisis created by the historic floods that have deluged the region.
Iraq, OPEC’s second-largest producer, has made enough production cuts and won’t support extending them at the next OPEC+ meeting, the country’s oil minister told reporters in Baghdad.
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