VinFast to Expand Into Southeast Asia, Raise More Capital
Vietnamese electric vehicle maker VinFast Auto Ltd. plans to aggressively move into Southeast Asian markets, starting with Indonesia,
2023-10-16 13:24
Rite Aid Files for US Bankruptcy, Will Close More Stores
US pharmacy chain Rite Aid Corp. filed for bankruptcy as it looks to restructure debts, and said it
2023-10-16 13:21
Gold Billionaire Sawiris Eyes Stake in $7 Billion Reko Diq Mine
Egyptian billionaire Naguib Sawiris, who has forged a fortune in telecom and gold, is eyeing an investment in
2023-10-16 12:49
PBOC Offers Most Cash Support Since 2020 as Debt Sales Surge
China’s central bank is making the biggest medium-term liquidity injection since 2020, stepping up efforts to support the
2023-10-16 10:45
Rainer Gut, Who Transformed Credit Suisse, Dies at 91
Rainer Gut, who engineered the mergers and acquisitions that transformed Switzerland’s Credit Suisse Group AG into a goliath
2023-10-16 10:24
US Will Tighten Curbs on China’s Access to Advanced Chip Tech
The Biden administration will tighten sweeping measures announced last October to restrict China’s access to advanced semiconductors and
2023-10-16 08:57
Lithium Giant Albemarle Abandons $4.2 Billion Liontown Deal
Albemarle Corp., the world’s largest lithium producer, has walked away from its A$6.6 billion ($4.2 billion) takeover of
2023-10-16 08:23
Australia Plans to Require Crypto Exchanges to Obtain Licenses to Curb Risks
Crypto exchanges in Australia will soon be required to hold a financial-services license issued by the markets regulator
2023-10-16 07:54
Time Is Running Out for the ‘Year of the Bond’ as Losses Mount
The tagline from Wall Street was that 2023 was the year of the bond. Instead, fund managers are
2023-10-16 04:57
TCS Seeks to Use Microsoft AI Partnership to Improve Margins
Tata Consultancy Services Ltd is betting on its partnership with Microsoft Corp to develop artificial intelligence-based software services
2023-10-16 03:16
Big Tech’s Profit Machine Is Propping Up S&P 500 Earnings
With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a
2023-10-16 01:22
Israel Hopes It Will Avoid Rating Cut on War, At Least for Now
Israel should manage to avoid its first ever rating downgrade thanks to sound finances, unless the war with
2023-10-16 00:48