Chinese Solar Firm Eyes Saudi Arabia for First Foreign Plant
China-based solar sector supplier GCL Technology Holdings Ltd. is in advanced talks with Saudi Arabia about opening its
2023-09-05 08:53
Chinese Investors Shift More Cash Abroad in Blow to Local Stocks
Chinese investors are shifting more money into overseas assets as the Federal Reserve’s interest-rate hikes add allure to
2023-06-14 09:47
A barbecue frenzy is gripping China. Can street food revive the economy?
When China was in the midst of a pandemic-induced economic slump in 2020, then Premier Li Keqiang touted the idea of creating jobs by encouraging street vendors to set up shop across the country. That pitch was quickly shot down by close associates of leader Xi Jinping, who characterized the traditional trade as "unhygienic and uncivilized."
2023-05-16 09:47
UK leader Rishi Sunak delays ban on new gas and diesel cars by 5 years in contentious climate shift
Prime Minister Rishi Sunak says he’s delaying by five years a ban on new gas and diesel cars that had been due to take effect in 2030
2023-09-21 09:45
Despite shakeup at the Fed, a rate hike in September is likely
Some Federal Reserve officials are already advocating for two consecutive rate hikes starting this month to ensure inflation's defeat, but will their sway hold amid a shakeup at the Fed committee that decides interest rates?
2023-07-18 02:47
UBS reports second-quarter profit of $28.875 billion
ZURICH UBS Group on Thursday reported $28.875 billion in net profit attributable to shareholders for the second quarter,
2023-08-31 12:51
Fraudulent Jobless Claims in Massachusetts Boosted Recent US Data
Fraudulent applications for unemployment benefits in Massachusetts have been behind a recent uptick in claims in the state,
2023-05-13 01:45
Fed Chair Powell to host town hall with educators Sept 28
Federal Reserve Chair Jerome Powell will host a town hall with educators on Sept. 28 that will also
2023-09-22 03:30
Hilary grows into major hurricane in Pacific off Mexico and could bring heavy rain to US Southwest
Hurricane Hilary has strengthened into a major storm off Mexico’s Pacific coast, and it could bring heavy rain to the southwestern U.S. by the weekend
2023-08-18 12:23
Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%
By Jonathan Stempel Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp,
2023-05-19 07:22
Israel Latest: Ground Assault May Be Extended to South Gaza
Israel said its ground offensive in the north of the Gaza Strip may be expanded to the south
2023-11-18 15:17
Europe’s Consumer Will Save the Economy, ECB’s Scicluna Says
The euro zone’s buoyant consumers will save the economy from a hard landing, according to European Central Bank
2023-10-14 21:25
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