Morgan Stanley Makes Sole Underweight Call on Battery Giant CATL
Morgan Stanley slashed its recommendation on Contemporary Amperex Technology Co. to underweight, expecting geopolitical tensions to hinder the
2023-06-07 10:48
ByteDance Accused of Helping China Track Hong Kong Activists
Chinese Communist Party members used a “god credential” at TikTok parent ByteDance Inc. to examine the personal data
2023-06-07 08:29
Coinbase Crackdown Widens as US States Push to Halt Staking Product
State regulators from California to New Jersey demanded that Coinbase Global Inc. halt its staking service, posing fresh
2023-06-07 08:27
Amundi’s China Head Sets Sights on $25 Trillion Pension Prize
After a roller-coaster year in China in which Amundi SA still eked out a profit, Europe’s biggest money
2023-06-07 07:23
Golf-Crazy Saudi Wealth Manager Orchestrated the Shock PGA-LIV Truce
PGA Tour and LIV Golf have been at each other’s throats in public for years. But in recent
2023-06-07 05:46
AstraZeneca’s Japan Partner to Go Solo on Future Cancer Drugs
When Japanese pharmaceutical company Daiichi Sankyo Co. discovered a groundbreaking cancer treatment, it turned to bigger Western drugmaker
2023-06-07 05:27
California Insurers’ Inability to Price Risk Is Causing Headaches
California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate
2023-06-07 04:26
Reddit to Cut 5% of Staff, Trim Hiring Amid Restructuring
Reddit Inc. is cutting its workforce by about 5% and reducing its hiring plans, as the startup refocuses
2023-06-07 04:22
Spirits Maker Bacardi Sells Bond to Refinance Debt After Jay-Z Cognac Fight
Spirits maker Bacardi Ltd. tapped the corporate bond market Tuesday to refinance a bridge loan used to boost
2023-06-07 03:57
Italy’s Meloni Pledges Tunisia Cash, Support in IMF Talks
Italian Prime Minister Giorgia Meloni vowed to grant Tunisia $750 million in aid and to back it in
2023-06-07 02:48
Merck Sues US, Calling Move to Cut Drug Prices ‘Extortion’
Merck & Co. is suing the US over a law that will allow the government to negotiate prescription-drug
2023-06-07 01:48
Beijing Reports First Two Mpox Cases, Isolates Patients
China’s capital reported its first mpox infections and local health authorities have started an investigation to trace its
2023-06-07 00:52