Meloni-Style Capitalism is Reshaping Corporate Italy
For Giorgia Meloni, wielding power in Italy now means steering the country’s biggest businesses too. The premier’s activism
2023-08-11 19:16
HK Narrows 2023 GDP Expectations as Recovery Loses Steam
Hong Kong is slightly less optimistic about its outlook for economic growth this year as the post-pandemic activity
2023-08-11 18:47
Indonesia Seeks to Win EV Race With 0% Export Duty, No Sales Tax
Indonesia is said to be planning more tax incentives to attract global electric-vehicle producers, seeking to bolster its
2023-08-11 18:22
Disappointing China Loans Is a Cry for More Easing, Analysts Say
The plunge in China’s new loans in July is reinforcing fears of deflation and a worsening economic slowdown,
2023-08-11 18:16
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:15
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:54
UPS Pay Hikes for Package Handlers Raise Pressure on FedEx
The raises won by United Parcel Service Inc. package handlers are going to put FedEx Corp. in a
2023-08-11 17:52
Russia’s War Economy Is on Course to Recover From Sanctions Hit
Russia’s economy may return to its pre-war level as soon as next year as it adapts to the
2023-08-11 17:50
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
2023-08-11 17:47
Biden Bets Billions on Tech That Sucks Carbon Out of the Air
The Biden administration is throwing its weight behind technology that sucks planet-warming carbon dioxide out of the air,
2023-08-11 17:22
Train Derails in Swiss Gotthard Tunnel, Halting Key Freight Route
A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern
2023-08-11 16:51
Russian Oil Revenue at Eight-Month High as Price Cap Breached
Russia’s oil-export revenue rose last month to the highest since November, as the country’s crude exceeded a price
2023-08-11 16:22