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The Danish shipping giant reported a quarterly net profit of $2.28 billion, down from $6.78 billion, as revenue fell 26% to $14.21 billion. A company-compiled consensus had seen net profit at $1.79 billion on revenue of $14.83 billion. Germany's R... | 05:42am
Türkiye’s factory activity expanded at a faster pace in April, a survey showed Tuesday, propelled by growth in new orders and output, as the sector...
Read about the drop in oil prices due to weak economic data from China and expectations of another US interest rate hike, despite OPEC+ supply cuts taking effect. Banking fears and US manufacturing data also weigh on crude prices. Will the Chinese recovery impact oil demand growth this year? Find out more here.
China's manufacturing activity unexpectedly shrank in April, indicating that the country's economic recovery may be faltering.
Factory activity in Türkiye continued its expansion in March, a closely watched survey showed Monday, with improvements in new orders and output. However,...