Volkswagen Earnings Miss on Hedging Effects, China Pressure
Volkswagen AG posted worse-than-expected earnings in the second quarter amid negative effects from commodity hedging and intensifying competition
2023-07-27 13:47
VW-Xpeng Deal Is Evidence of China’s Growing EV Dominance
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the
2023-07-27 11:45
Hong Kong’s Hang Seng Tech Index Rises 20% From May Low
A gauge of China tech shares traded in Hong Kong extended gains from a May low to 20%
2023-07-27 11:20
Indonesia to make it less painful for exporters to keep earnings onshore -official
JAKARTA Indonesia is developing a scheme for banks to provide a financing facility for exporters who keep their
2023-07-26 16:28
The risks are rising for Western firms in Russia. So why are so many staying put?
When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left in protest. But some of the world's biggest firms — including Nestlé, Heineken and snack maker Mondelez — stayed put.
2023-07-26 13:26
Visa Card Spending Tops Estimates With Strong Travel Demand
Visa Inc. reported card-spending growth that was more robust than Wall Street expected as consumer demand for travel
2023-07-26 07:17
Taxpayers don't have to worry about unannounced visits from the IRS anymore
Americans no longer have to fear the Internal Revenue Service showing up unannounced at their door.
2023-07-25 03:56
The rise of gig workers is changing the face of the US economy
Labor market experts say the number of gig workers is growing, and their alternative working arrangements are rippling through the economy.
2023-07-25 01:49
How stock market expectations have changed this year
The stock market has stayed remarkably resilient this year, to the surprise of many on Wall Street. As the economy and market continue to hum along, some investors' expectations for what's to come are shifting.
2023-07-24 19:55
Explainer-What is the 'Basel III endgame' and why are banks worked up about it?
By Pete Schroeder WASHINGTON U.S. banking regulators will on Thursday unveil a sweeping proposal for stricter bank capital
2023-07-24 18:20
Here's how Bud Light became the latest corporate bogeyman for Ron DeSantis
Florida Gov. Ron DeSantis has sets his sights on Bud Light, the latest development in what has turned into an ongoing crisis for the beer brand following its brief partnership with influencer Dylan Mulvaney, who is trans, four months ago.
2023-07-22 01:57
AmEx beats profit estimates as card spending rises
American Express beat estimates for second-quarter profit on Friday as its affluent customer base continued to spend, undeterred
2023-07-21 19:21