US Chipmakers to attend meeting on Biden’s visit to Vietnam
Hanoi, Reuters - US chipmakers and semiconductor companies including Google, GlobalFoundries and Intel are reported to attend a meeting on...
China’s exports fall in August amid weak global demand
China’s exports fall in August compared to what it was a year earlier, reflecting a weak global demand that is...
Kroger and Albertsons reportedly nearing a deal to sell 400 stores
A customer leaves an Albertsons grocery store in Riverside, California, U.S., October 14, 2022. REUTERS Kroger and Albertsons are nearing...
Country Garden clears debt payments Seen as a relief for China property sector
Hong Kong, September 5 (Reuters) - Country Garden has cleared debt payments due on two of the US bonds just...
How does rising interest rates affect the stock market?
If you are an investor, a business and economics news follower, or a business and economics student for that matter,...
Tesla launches brand new Model 3 in China with longer driving range
Shanghai, September 1 (Reuters) - Tesla on Friday launched the latest and brand new Model 3 in China and other...
UBS records $29 billion earnings after taking over Credit Suisse
UBS on Thursday posted a record $28.88 billion earnings in the second quarter after taking over its stricken rival Credit...
3M shares on the rise amid reports of $5.5 billion settlement
America’s one of the largest multinational conglomerates, 3M shares rose 5% on the Dow Jones Industrial Average amid reports that...
China Evergrande stock trading resumes after 17 months – Loses $2.4 bn in value
The world’s most indebted property developer, China Evergrande Group, resumed share trading on Monday after a suspension of 17 months,...
Fed’s Chair Powell Declares Continued Interest rate hikes at Jackson Hole Speech
The US federal Reserve Chair Jerome Powell at a speech at Jackson Hole on Friday hinted that the Fed may...