BOGOTA — Gustavo Petro will on Sunday become Colombia’s first leftist president, elected by voters who hope he can carry out ambitious social and economic reforms meant to reduce violence and deep inequality in the polarized Andean country. Read More
TORONTO — Home prices in the Greater Toronto Area (GTA) fell for the fifth straight month in July, as rapidly rising interest rates further doused the city’s once-red-hot housing market, data from the Toronto Regional Real Estate Board (TRREB) showed on Thursday. Read More
Boeing Co faced added uncertainty over crucial plane deliveries to China on Wednesday as a visit to Taipei by U.S. House of Representatives Speaker Nancy Pelosi angered Beijing and risked stoking Sino-U.S. trade tensions. Read More
LONDON — Oil slipped on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as OPEC+ producers meet this week to decide whether to increase supply. Read More
The British pound weakened against the dollar and euro on Tuesday as traders turned to safe-haven currencies amid rising U.S.-China tensions over Taiwan, with traders looking ahead to a Bank of England policy meeting this week. Read More
European shares fell on Tuesday as weak global factory data fanned economic slowdown fears, while markets were on edge as U.S. House of Representatives Speaker Nancy Pelosi was expected to visit Taiwan. Read More
LONDON — Sterling rose towards a one-month high on Monday as an upbeat mood on broader financial markets helped the British pound and as traders prepared for a Bank of England policy meeting this week at which it is expected to again raise rates. Read More
European shares edged up on Monday as a jump in banking stocks after HSBC’s strong results offset fears of a global economic slowdown fanned by disappointing Chinese economic data and figures showing contraction in euro zone manufacturing activity. Read More
LONDON/SYDNEY — World stocks hit seven-week highs on Monday, buoyed by recent strong corporate earnings and declining expectations for hefty interest rate rises, while the dollar slid against the yen as speculators exited suddenly unprofitable short positions. Read More
Emerging market stocks inched up on Monday, as Beijing’s promise to support the market helped offset to an extent worries about economic growth in China after the world’s second largest economy reported slowing growth in manufacturing activity. Read More