FTX's Bankman-Fried, seeking to avoid jail, due back in court
By Luc Cohen NEW YORK Sam Bankman-Fried, the indicted founder of the bankrupt FTX cryptocurrency exchange, is due
2023-08-11 18:20
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 18:19
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 18:17
Singapore's Olam Group first-half profit falls 89%
Singapore's Olam Group Ltd posted an 88.8% fall in first-half profit on Friday, hurt by a lower crop
2023-08-11 17:56
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 17:56
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 17:55
Energy Department announces largest-ever investment in 'carbon removal'
The Department of Energy announced Friday it is awarding up to $1.2 billion to two projects that promise to remove carbon dioxide from the air in what officials said was the largest investment in “engineered carbon removal” in history
2023-08-11 17:28
Biden administration to invest $1.2 billion in projects to suck carbon out of the air
The Biden administration will announce on Friday its first major investment to kickstart the US carbon removal industry -- something energy experts say is key to getting the country's planet-warming emissions under control.
2023-08-11 17:26
ChatGPT fever spreads to US workplace, sounding alarm for some
By Richa Naidu, Martin Coulter and Jason Lange LONDON/WASHINGTON Many workers across the U.S. are turning to ChatGPT
2023-08-11 16:59
Hong Kong Q2 GDP expands 1.5% y/y
HONG KONG Hong Kong's economy expanded 1.5% in the second quarter from a year earlier, government data showed
2023-08-11 16:57
Subway is now charging extra for a cheese slice in India
Subway sandwiches in India will no longer come with the option of a free cheese slice following revisions to its menu that analysts say are more about cost-cutting than just a matter of taste.
2023-08-11 16:49
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
2023-08-11 16:48