Category: Business

South Africa’s largest union has signed an above-inflation wage increase on behalf of its 90,000 members in the motor industry. Source: Bloomberg Markets.

Mark Carney is visiting Ukraine for the first time as Canada’s prime minister, as his government says it may be prepared to join peacekeeping efforts led by European allies. Source: Bloomberg Markets.

Vietnam has sharply accelerated its island-building efforts this year in the contested Spratly Islands in the South China Sea, a US think thank said. Source: Bloomberg Markets.

Tropical Storm Fernand formed in the open Atlantic Ocean hundreds of miles from Bermuda and is forecast to miss land, the US National Hurricane Center said on Saturday. Source: Bloomberg Markets.

Europe’s labor market has proved surprisingly resilient in the face of a once-in-a-generation inflation shock and aggressive interest-rate hikes, according to European Central Bank President Christine Lagarde. Source: Bloomberg Markets.

The Chicago Fed president’s thoughts from Jackson Hole Source: Bloomberg Markets.

This week, former Reserve Bank of India governor Raghuram Rajan weighs in on Fed Chair Powell’s remarks at the Fed’s annual conference Jackson Hole. And, a look at the wealthiest county in the US – how do billionaires coexist with cowboy culture and the local community in Teton County? Plus, Chevron CEO Mike Wirth on…

David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, says September will be one of the most important Fed meetings in years. He tells Vonnie Quinn and Caroline Hyde on “The Close” that Powell “really doesn’t want to cut in September, October, and December,” adding that the impact of tariffs won’t be clear until…

Netskope Inc., a cloud security provider, filed for a US initial public offering, disclosing growing revenue and shrinking losses. Source: Bloomberg Markets.