Turkey’s central bank delivered a shock cut to interest rates despite inflation soaring to a 24-year high and the lira trading near a record low. The currency weakened sharply.
European natural gas futures extended their gains as an energy-supply crunch continued to batter the region, amid signs that the is fuel becoming too costly for industrial use and power generation.
Britain’s anglers are reeling back their time on riverbanks as scorching temperatures lower water levels and harm fish.
Tesla Inc. and SAIC Motor Corp. told Shanghai’s government they may have difficulty maintaining production if a power crunch in Sichuan continues to impact suppliers, according to people familiar with the matter, prompting city officials to ask the southwestern province if it could prioritize electricity for the carmakers’ suppliers.
Gold rebounded from a two-week low as investors weighed minutes from the Federal Reserve’s July meeting, which signaled further interest-rate hikes but at a slower pace.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}