Americans preparing to cast ballots in today’s midterm elections say the economy is their No. 1 priority. The two parties competing for their votes have been painting dramatically different pictures...
As the Chinese Communist Party’s top boss in Shanghai, Li Qiang helped smooth Elon Musk’s path to opening Tesla Inc.’s first overseas factory. He’s been an outspoken advocate for privately owned...
08/11/2022
China’s exports and imports both unexpectedly fell for the first time in more than two years, with rising risks of a recession causing overseas consumers to buy less and domestic problems such as...
07/11/2022
The US and its partners have agreed to set a price cap on Russian crude oil at a fixed level, rather than a floating one that moves with benchmark crude prices, officials familiar with the matter...
04/11/2022
Jay Powell warned US interest rates would peak at a higher level than expected even as he held out the possibility of the Federal Reserve slowing the pace of its campaign to tighten monetary policy....
03/11/2022
When Federal Reserve officials last met to set US monetary policy, chair Jay Powell made it clear that a recession in the world’s largest economy could not be ruled out.Source: Financial Times
02/11/2022
US president Joe Biden charged oil companies were “profiteering” from Russia’s invasion of Ukraine as he threatened them with legislation to impose a windfall tax unless they increase output.Source: ...
01/11/2022
Twitter-owner Elon Musk said on Friday that he did not have a hand in reinstating rapper Kanye West's account, which was suspended by the micro-blogging site earlier this month for posting anti-...
31/10/2022
Investors wiped more than $65bn from Meta’s market capitalisation on Wednesday after the Facebook owner reported another quarter of declining revenues and failed to convince investors that big bets...
27/10/2022
China’s economy slowed in October as car and real-estate sales weakened and global trade and small business confidence contracted, signaling last month’s pickup in activity wasn’t enough to change...
26/10/2022