Biden administration to announce new bans on investments in China meant to protect national security
President Joe Biden's administration plans to detail new rules Wednesday limiting US investments in advanced technology industries in China, according to people familiar with the plans, in an effort to protect national security at a moment of heightened tension with Beijing.
2023-08-09 21:50
Germany to Raise Carbon Price to €40 in 2024, €50 in 2025
Germany will lift the cost of carbon dioxide pollution rights for the housing and transportation sectors to €40
2023-08-09 21:15
Brazilian consumer prices seen virtually flat in July vs June: Reuters poll
By Gabriel Burin Brazil's consumer prices barely rose on the month in July, a Reuters poll of economists
2023-08-09 19:52
Bob Iger was supposed to save Disney. It's not going according to plan
When Bob Iger returned to the helm of Disney nine months ago, after a brief retirement, the company and its shareholders seemed to breathe a collective sigh of relief.
2023-08-09 19:24
How hip-hop went from being shunned by big business to multimillion-dollar collabs
The signs of hip-hop’s influence are now everywhere from Pharrell Williams becoming Louis Vuitton’s men’s creative director to billion-dollar brands like Dr. Dre’s Beats headphones and retail mainstays like Diddy’s Sean John and the Rocawear line started by Jay-Z
2023-08-09 18:19
Ford Shuts Down in Brazil, and China’s Top EV Maker Comes to the Rescue
(Bloomberg Markets) -- On Brazil’s east coast, the vast parking lot off Avenida Henry Ford sits empty. Shift workers once
2023-08-09 17:30
US reports big interest in $52 billion semiconductor chips funding
By David Shepardson WASHINGTON The U.S. Commerce Department said on Wednesday that more than 460 companies have expressed
2023-08-09 17:22
Italy Trims Bank Windfall Tax After $10 Billion Value Wiped Out
The Italian government backtracked on part of its new windfall tax on banks, saying it would introduce a
2023-08-09 15:56
Stuffed Russian Grain Ports Show Risk of Black Sea Escalation
Russian grain ports are overflowing after two big harvests. That means any military escalation in the crucial Black
2023-08-09 15:23
German Government to Approve Climate Fund Boost to €212 Billion
Chancellor Olaf Scholz’s government will on Wednesday approve a top-up of Germany’s special Climate and Transformation Fund by
2023-08-09 14:45
Indonesia’s Rush to Finish China-Funded Rail Raises Safety Fears
Indonesia is again delaying the opening of a China-funded high-speed train, citing safety concerns. The soft launch of
2023-08-09 14:30
Explainer-Why Germany's property sector is in the dumps
By Tom Sims FRANKFURT Germany has long benefited from an era of cheap money that fuelled a decade-long
2023-08-09 14:22