Has China's economy bottomed out? Factory output and 'Golden Week' travel offer glimmers of hope
A return to growth in China's manufacturing sector and a boom in travel during the annual "Golden Week" holiday is fueling hopes that the economy could be regaining momentum after a major slowdown this year.
2023-10-02 17:57
Ex-SoftBank Executive Sets Up Stablecoin to Dodge High Inflation
Akshay Naheta, a former SoftBank Group Corp. executive who steered some of the firm’s biggest deals, is launching
2023-10-02 10:55
Americans support strikes — until they affect their daily lives
Organized labor in the United States is having a moment. From the automobile industry to Hollywood, US workers have gone on strike at rates not seen in years and even more could walk off the job to demand better contracts.
2023-10-01 19:29
US stock market’s powerhouses tested by soaring bond yields
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK Surging bond yields are rattling U.S. stocks, and some
2023-09-30 06:23
US SEC charges Newell Brands and ex-CEO with misleading investors
WASHINGTON The U.S. Securities and Exchange Commission on Friday charged Newell Brands and former Chief Executive Newell Brands
2023-09-29 21:54
Factbox-European countries who put curbs on Huawei 5G equipment
Germany last week became the latest European country to propose restrictions or bans on the use of equipment
2023-09-29 19:45
Billionaire Agarwal Plans Shake-Up of Vedanta’s Zinc Unit
Billionaire Anil Agarwal is exploring an overhaul of his Indian zinc operation that could create separate entities for
2023-09-29 16:47
Evergrande Says Billionaire Founder Is Suspected of Crimes
China Evergrande Group said its billionaire chairman Hui Ka Yan is suspected of committing crimes, escalating the legal
2023-09-29 07:49
Lucara Diamond ends sales deal with trader HB Antwerp
By Brian Benza GABORONE Canada's Lucara Diamond said on Thursday it had ended its gem sales agreement with
2023-09-28 19:29
Exclusive-HSBC to acquire Citigroup China consumer wealth business -sources
HONG KONG HSBC is set to acquire Citigroup's China consumer wealth management business, which manages more than $3
2023-09-28 11:20
China Puts Evergrande’s Billionaire Founder Under Police Control
Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police
2023-09-27 15:21
Centerbridge teams up with Wells Fargo to launch direct-lending fund
Private equity firm Centerbridge Partners is launching a direct-lending fund with backing from Wells Fargo, the companies said
2023-09-27 03:24