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BloombergFortune |
“Does this mean Trump is set to win?" one user asked as the "Biden exit" hashtag racked up 370 million views on Weibo by noon.
Those plans centered around shifting more revenue from the central to local coffers.
China’s largest EV maker BYD Co. is looking to set up one of the largest auto factories in Mexico.
Some Chinese citizens are branding the post-pandemic era “history’s garbage time”, referring to a game when a losing team has no chance of a...
The impending election may be leading some Americans to feel uncertain about the trajectory of the economy.
“Competition has been too fierce these past two years,” Jeff Pan, owner of a mid-sized copper processing plant, says.
After President Joe Biden’s catastrophic debate performance, Gavin Newsom has emerged among a handful of names being floated to replace him. In...
The Finance Ministry drafted a proposal to raise the divorce fee to 5,000 rubles ($58.75) from 650 rubles.
Top-earning finance workers are among the hardest hit by Chinese President Xi Jinping's push for a more equal distribution of wealth.
Activists have sought to blockade the main entrance since early June, and organizers say 200 people have been arrested.
Griffin was one of a handful of billionaires—including former President Donald Trump, Elon Musk and Jeff Bezos—impacted by one of the most...
The partnership will be a first for Target Plus, which has historically been a more selective platform for third-party vendors.
Xiaomi's Lei Jun and Nio's William Li are just some of the CEOs taking to Chinese social media to showcase their cars.
A postwar surge in crime may cost Russia as much as 0.6% of its gross-domestic product, according to Bloomberg Economics.
Sales of premium Huawei smartphones climbed 72% in the first five months of 2024, Huawei consumer business chairman Richard Yu said Friday.
China's real estate crisis is putting pressure on local governments to expand revenue, as land sale income plunges.
“What will not change is the continued strengthening of the yuan’s position in Russia."
On top of transferring production of Volvo’s EX30 and EX90 models to Belgium, the carmaker may also move assembly of some Volvo models bound for the...
Africa's wealth has diminished due to depreciating currencies and underperforming stock markets, according to investment consultancy Henley &...
The International Monetary Fund said on Thursday that talks between Ukraine and bondholders are on track, adding that the economic outlook for the...
Putin views her as a straight talker untainted by corruption — with results to show for years punctuated by crises.
The European Union is expected to unveil tariffs in the coming weeks targeting Chinese electric cars following a probe into Beijing’s EV subsidies.
Teachers say absences are a symptom of more student behavioral issues, fewer resources, and low salaries eaten away by inflation.
Available jobs decreased from 8.36 million in March to 8.06 million in April, according to the Bureau of Labor Statistics.
Battered Brazilian airlines are seeking better terms for a government aid package that would help lower ticket costs for poorer travelers.
China's economy suffers from "vastly inadequate" domestic spending, the Nobel Prize-winning economist said in a television interview.
Turkey had kept interest rates low amid soaring inflation, against conventional wisdom, leading investors to desert its bond market.
Intuit Inc. shares fell the most in a year and a half on concerns that demand for its software is weakening.
The EU is investigating Chinese subsidies across a range of industries, threatening tariffs for electric carmakers and keeping firms out of rail and...
"All traders wanted the past year was for the Fed to signal that interest-rates have peaked,” one Wall Street pro said.
Current CEO Noel Quinn announced his retirement last month.
An SUV would mark a big expansion of Xiaomi’s $10 billion EV endeavor, spearheaded personally by billionaire co-founder Lei Jun.
The latest move affects a range of departments including customer service staff, engineers, production line workers, and the logistics team at...
Developer stocks surged after Hangzhou, the capital of eastern Zhejiang province, said it will remove eight-year-old restrictions on residential...
Sabadell's shares rose 7% in the week since it received its first surprise bid, while BBVA stock fell 8%.
The figures add to evidence showing Chinese households remain cautious with consumption despite a recent rebound in economic growth driven by a pickup...
The British oil major also plans to deliver $2 billion in cost savings by 2026.
Revenue from gas fell by 40% and shares fell as much as 4.4%, the steepest decline in over a year. The company's biggest shareholder—the Russian...
Tesla vehicles have been banned from China’s military compounds and some other government venues in the past over cameras used for...
Even buyers looking for alternatives to China think the world's second-largest economy will still be their top source.
The trip comes as several issues test a stabilization of ties, which frayed last year following accusations that China flew a spy balloon over the...
“There isn’t much alternative in China. With exchange controls and capital controls, you can’t just look at other markets to put your money...
This unusually high rate of returns — well above the 20% to 30% that consultancy Sanford C. Bernstein considers normal in the global luxury industry...
If Beijing doesn’t heed European warnings to end discriminatory business practices, Brussels will have no choice but to escalate trade defense...
Wu Qing, head of the China Securities Regulatory Commission, is the older brother of Wu Bo, president of China International Capital Corp.
China Tianrui Group Cement Co. said trading in its Hong Kong-listed shares has been halted from 9 a.m. local time, pending an announcement related to...
The attack took place in Murmansk where Russia’s biggest companies, such as MMC Norilsk Nickel PJSC and fertilizer producer PhosAgro PJSC operate.
Tesla shipments recorded a decline in the first two months of 2024 from the same period a year ago while overall passenger vehicle sales in China...
A multi-billion dollar loss is on the cards, but the CEO of the world's largest insurance marketplace says the costs are "manageable".
Kahneman's work casting doubt on the rationality of human decision-making helped spawn the field of behavioral economics.
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