Diggers and drillers are making billions after the rally in commodity prices fuels a stunning recovery from the pandemic.
Europe’s plan to phase out combustion-engine vehicles has put the region at the forefront of climate protection. Yet without progress cleaning up poorer nations’ roads, it won’t be enough to keep global warming below dangerous levels.
Peru President Pedro Castillo named former World Bank economist Pedro Francke as his finance minister and swore him in late Friday evening following a delay that unnerved investors.
China’s factory and non-manufacturing activity continued to ease in July, implying a more steady economic recovery into the second half of the year.
The U.S. jobs market still has some ways to go before it improves enough to satisfy the Federal Reserve’s criteria for beginning to reduce its asset purchases, Governor Lael Brainard said Friday.
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