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Global shares slip as Chinese economy unexpectedly stumbles
LONDON (Reuters) – Global shares slid on Monday after a raft of Chinese economic indicators showed a surprisingly sharp slowdown in the engine of global growth, just as much of the world races to stem the spread of the Delta variant of COVID-19 with vaccinations.FILE PHOTO: The German share price index DAX graph is pictured […]
Dollar recovers after Fed rate cut hit
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar recovered lost ground against a basket of currencies on Wednesday, a day after an emergency interest rate cut by the Federal Reserve knocked the U.S. currency to an eight-week low. The U.S. central bank surprised investors by slashing rates by 50 basis points to a […]
Marezzata, Serving Italian Food With Wagyu Beef, Opens in Midtown East
Headliner Marezzata Italian food prepared with a Japanese pantry — or vice versa — is not new. Kimika in NoLIta opened last summer and fit the mold. Now, there’s a restaurant in Midtown Manhattan, from the group that includes Tomoe Food Services, a meat distributor specializing in Wagyu, where the emphasis is on Italian fare […]