Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:51
Oil Heads for First Back-to-Back Quarterly Decline Since 2019
Oil was on track for its first back-to-back quarterly loss since 2019 as persistent concerns over the demand
2023-06-30 08:48
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
2023-06-30 08:18
New Mexico regulators fine oil producer $40 million for burning off vast amounts of natural gas
New Mexico oilfield and air quality regulators announced unprecedented fines against a Texas-based oil and natural gas producer on accusations that the company flouted local pollution reporting and control requirements as it burned off vast amounts of natural gas
2023-06-30 07:51
Western Global Founder Buys Debt in Bid to Keep Airline Afloat
Western Global Airlines LLC founder and Chief Executive Officer Jim Neff bought the cargo airline’s deeply distressed secured
2023-06-30 07:50
Wanda Faces Key Payment Test as Bond Setback May Revive Concerns
Dalian Wanda Group Co., one of China’s largest private conglomerates, is set to face its biggest bond-repayment test
2023-06-30 07:28
UK Business Confidence Rebounds to a 13-Month High, Lloyds Says
UK business confidence rose to a 13-month high in June as firms shrugged off another Bank of England
2023-06-30 07:24
China’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy Fix
It was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back
2023-06-30 07:24
Analysis-Threat of 'down rounds' spur private credit funds in Asia
By Yantoultra Ngui SINGAPORE From India to Singapore, Asia is seeing a boom in private credit funds looking
2023-06-30 07:21
Geraldo Rivera says he quit Fox News after being fired from 'The Five'
Television veteran Geraldo Rivera announced on Thursday that he was leaving Fox News after being fired from the program "The Five."
2023-06-30 07:18
Apple Stock Has Another 30% Upside, Citi Says in New Buy Rating
Apple Inc. has room to rally another 30%, according to Citigroup Inc., even after a surge that’s sent
2023-06-30 06:56
Asia Stocks Set for Muted Open After Bond Selloff: Markets Wrap
Asian stocks were set for a mixed open to the last day of the quarter on Friday following
2023-06-30 06:47