
China to Shift $139 Billion of Troubled LGFV Debt to Provinces
China will allow provincial-level governments to raise about 1 trillion yuan ($139 billion) via bond sales to repay
2023-08-11 11:58

China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:21

Microsoft’s Role in Email Breach to Be Part of US Cyber Inquiry
A US cybersecurity advisory panel will investigate risks in cloud computing, including Microsoft Corp.’s role in a recent
2023-08-11 09:15

Blackstone-Backed Solar Company Esdec Seeks US IPO at $5 Billion Value
Esdec Solar Group is seeking an initial public offering in New York that would value the Blackstone Inc.-backed
2023-08-11 08:54

Biden Wishes His Signature Climate Law Was Called Something Else
President Joe Biden said he regretted the name of one of his signature legislative achievements — the Inflation
2023-08-11 06:18

GM, Ford Slide as $80 Billion Union Risk Hits Confidence
General Motors Co. and Ford Motor Co. were among the biggest decliners in the US stock market Thursday
2023-08-11 04:55

US Supreme Court Halts Purdue’s $6 Billion Opioid Pact, Will Hear Appeal
The US Supreme Court agreed to consider scuttling Purdue Pharma LP’s $6 billion opioid settlement, taking up a
2023-08-11 04:46

Mexico Keeps Key Rate Steady at 11.25% for Third Meeting as Prices Slow
Mexico kept borrowing costs unchanged for a third straight meeting, after pledging to maintain its current stance long
2023-08-11 03:15

Russia Seeks to Return to the Moon After Almost 50-Year Break
Russia is set to return to the moon after nearly 50 years by sending an uncrewed lander toward
2023-08-11 01:45

Crypto Firm DCG, CEO Barry Silbert Seek Dismissal of Gemini Lawsuit They Dub a Smear
Barry Silbert and Digital Currency Group asked a US court to throw out a lawsuit by the Winklevoss
2023-08-11 01:20

Virgin Galactic Launches First Flight of Private Space Tourists
Virgin Galactic Holdings Inc. commenced a flight carrying its first private space tourists, a key step in founder
2023-08-10 23:59

WeWork’s List of Ignominy Now Includes Highest-Profile SPAC Blowout
WeWork Inc. is already infamous for torching billions of Softbank Group Inc.’s cash. It’s been labeled a poster
2023-08-10 23:26