China Preps For War: Spy Balloon Belies Much Larger Economic Warning Signs

Japan Intervened In FX Market To Buy Yen With Brent surging to a new post war high overnight, rising as high as $125 on fear of an imminent resumption of hostilities in Iran, which dragged yields higher, and also pushed the USDJPY above 160 for the first time since late March, overnight Japan made clear - again - it wouldn't take it any more, with the usual round of jawboning. *KATAYAMA: WE ARE MONITORING FX MARKET WHILE YOU ARE ON HOLIDAY *KATAYAMA: WE ARE NEARING TIMING TO TAKE BOLD ACTION ON FX Then *MIMURA:...

Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker Unilever Plc confirmed it is "now in advanced discussions" with Maryland-based spice maker McCormick & Company to sell its food business unit in a $15.7 billion transaction and said a final deal could be announced as soon as today.  "The Company is now in advanced discussions with McCormick & Company ("McCormick") regarding a potential transaction," the Anglo-Dutch consumer goods company wrote in a press release. Unilever noted, "Work remains ongoing to agree and finalise a transaction and it is possible...

Since Israel started its “new” war against Lebanon at the beginning of the month, over 1,000 people have been killed. The formal numbers from the Lebanese Health Ministry say that includes 79 women, 118 children, and at least 40 healthcare workers. The healthcare workers are a growing problem, as Amnesty International issued a new report […]