LVMH’s Billionaire CEO Visits a Mall in High-Profile Trip to China

LVMH Chief Executive Officer Bernard Arnault kicked off his tour of China with a visit to a high-end

2023-06-28 15:22

Higher gas prices likely pushed up inflation in August, though other costs probably slowed

A sharp increase in gas prices likely pushed inflation higher in August compared with a year ago, yet a measure excluding energy and food costs is expected to fall for the fifth straight month, suggesting that the Federal Reserve’s interest rate hikes are still bringing down prices for many goods and services

2023-09-13 12:21

Does the Fed have the labor market all wrong?

The labor market just won't quit, but this could be another case of "good news is bad news" for the Federal Reserve.

2023-07-06 19:57

Meta Loses Court Fight Over EU Hunt for Antitrust Evidence

Meta Platforms Inc. lost a court fight with European Union regulators who demanded vast amounts of data to

2023-05-24 18:54

Analysis-Bond markets reckon a central bank policy error is on the cards

By Yoruk Bahceli Bond investors could be in luck for the rest of 2023 if market indicators signalling

2023-07-03 13:26

International Card Networks Partner With Alipay in Major China Drive on the 30-Day Countdown to the Asian Games

HANGZHOU, China--(BUSINESS WIRE)--Aug 24, 2023--

2023-08-24 16:57

Japan's prime minister to meet with top chip firms

TOKYO (Reuters) -Japan's Prime Minister Fumio Kishida plans to meet with top executives from global semiconductor companies as early as

2023-05-17 12:15

Mercedes S-Class, Porsche Stand to Lose Most in China EV Row

The European Union’s probe into Beijing’s electric-vehicle subsidies is meant to protect its carmakers from a flood of

2023-09-26 17:17

Xi’s Warm Words Jar With Reality for Foreign Companies in China

Xi Jinping’s message that China wants to roll out the red carpet for foreign businesses stands in stark

2023-11-17 13:15

Fed may need four years to recoup income loss, St. Louis Fed study says

By Michael S. Derby NEW YORK The Federal Reserve will need nearly four more years to cover a

2023-11-28 05:46

'New dangers and fears': Sunak outlines AI risks ahead of summit

UK Prime Minister Rishi Sunak said Thursday that governments must be "honest" about the risks posed by artificial intelligence, as he prepares to host a global summit on...

2023-10-26 18:17

California fast food workers to earn minimum of $20 an hour under new law

Fast food workers in California will earn a minimum of $20 an hour starting in April under a

2023-09-29 03:50