Magna now expects U.S. ad sales to increase 4.3% this year, down from its earlier forecast of 4.9%.

Rachel Reeves blamed “increased global uncertainty” as the budget watchdog slashed its forecast for economic ... high wage growth” will cause inflation to hit a peak of 3.7% in the middle of this year ...

Chinese markets often don’t follow global trends, but they also tumbled. Hong Kong’s Hang Seng dropped 13.2% to 19,828.30, while the Shanghai Composite index lost 7.3% to 3,096.58. In Taiwan, the ...