* Core capital goods orders increase 0.3% in April. * Shipments of core capital goods rise 0.8% * Durable goods orders gain 0.4%; shipments up 0.1% By Lucia Mutikani.
- Auto industry consultants J.D. Power and LMC Automotive on Wednesday further cut their global light vehicle sales forecast for 2022, as lockdowns in China and the ongoing war in Ukraine hurt production. The consultants now expect 2022 light vehicle sales of 80 million units, down from their earlier forecast of 81.7 million units.
Auto industry consultants J.D. Power and LMC Automotive on Wednesday further cut their global light vehicle sales forecast for 2022, as lockdowns in China and the ongoing war in Ukraine hurt production. The consultants now expect 2022 light vehicle sales of 80 million units, down from their earlier forecast of 81.7 million units.
Mexico's economy grew slightly faster in the first quarter than initially estimated, expanding by 1.0% from the previous three-month period amid a recovery in manufacturing and services, official data showed on Wednesday.
Ukraine's banking system posted a net loss of 7.4 billion hryvnias in January-April, a rise from 0.16 billion hryvnias in January-March, as Russia pressed on with its military offensive, central bank data showed on Tuesday. In April, banks had to transfer an additional 11.2 billion hryvnias of their earnings to reserves to cover possible future losses linked to the war.
Germany, which is trying to cuts its dependence on Russian fossil fuels due to the invasion of Ukraine, plans to set up a gas replacement reserve with coal in the power generation sector to run until March 31, 2024, economy ministry sources said.
Palantir Technologies
Inc (PLTR) and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: tracking carbon emissions for the oil, gas, refined metals and concentrates sector.
Palantir Technologies Inc (PLTR) and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: tracking carbon emissions for the oil, gas, refined metals and concentrates sector.
Palantir Technologies
Inc (PLTR) and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: tracking carbon emissions for the oil and gas sector.
The number of foreigners arriving in Turkey last month more than tripled from a year earlier, data showed on Monday, reinforcing expectations that a rebound in the sector will help repair an economy battered by a weak currency and high inflation.
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