China’s $100 Billion Tutoring Ban Backfires, Spawning Black Market
President Xi Jinping’s attack on China’s after-school tutoring industry was meant to ease the burden on households. But
2023-07-21 06:27
Blackstone Taps Strong Japanese Demand With Private Credit Fund
Blackstone Inc. sees opportunities to build out private credit offerings for high net worth investors in Japan after
2023-07-21 06:18
FTC to Pause Microsoft Merger Trial, Opening Door to Settlement Talks
The US Federal Trade Commission paused its in-house trial against Microsoft Corp.’s $69 billion acquisition of Activision Blizzard
2023-07-21 05:48
Brazil’s Audit Court Is Likely to Put Braskem Sale on Hold
Brazil’s audit court is likely to put the sale of Braskem SA on hold because of an environmental
2023-07-21 03:56
Billionaire Jeff Yass Gives $10 Million to Group Seeking Trump Alternative
Billionaire Jeff Yass donated $10 million to the super PAC arm of Club for Growth, a pro-business, anti-tax
2023-07-21 03:20
Fed Debuts New Payments Network to Speed Up US Money Movement
The Federal Reserve debuted a new payments system designed to speed up the movement of money among banks
2023-07-21 02:16
Sunak Eyes November 2024 as Preferred General Election Timing
Prime Minister Rishi Sunak is eyeing holding the UK’s next general election in November 2024 in order to
2023-07-21 01:56
OpenAI Backs Idea of Requiring Licenses for Advanced AI Systems
An internal policy memo drafted by OpenAI shows the company supports the idea of requiring government licenses from
2023-07-21 01:17
Argentina’s Companies Rush to Raise Dollars Before Election Volatility
Companies in Argentina are jumping at the chance to refinance their debt at rock-bottom rates as investors brace
2023-07-21 00:55
Jefferies Says Banks Are Failing to Price in Water Risk
As extreme heat dominates news headlines, the gate-keepers of global capital are failing to keep pace with a
2023-07-20 23:50
Peru Says All Road Blockades Have Been Lifted After Day of Protests
Peru’s highway authority Sutran said on Thursday morning that all road blockades had been lifted, a day after
2023-07-20 23:27
India Bans Some Non-Basmati Rice Exports to Control Prices
India, the world’s biggest rice exporter, banned shipments of non-basmati white rice to maintain domestic prices at comfortable
2023-07-20 22:53