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Wednesday, July 9 2025
GAC Fiat Chrysler Automobiles Joint Venture Declared Bankrupt
GAC Fiat Chrysler Automobiles, a joint venture between Stellantis and China's Guangzhou Automobile Group said on Tuesday it has been declared bankrupt, Reuters reported. The joint venture posted images of a ruling issued by a…
Wednesday, July 9 2025
Trump Tariffs Sour the Fortunes of South Africa’s Citrus Farmers
Walk down the aisles of a Trader Joe’s or Whole Foods Market in the U.S., and chances are many of the piles of oranges, lemons, limes and grapefruit will be labeled “Produce of South Africa,” Bloomberg reported. They have become…
Wednesday, July 9 2025
Australia's Central Bank Stuns Markets by Passing Up Chance to Cut Rates
Australia's central bank on Tuesday left its cash rate steady at 3.85%, a shock for markets that had confidently wagered on a cut, saying the majority of the board wanted to wait for more information to confirm inflation was…
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