China’s Push to Expand BRICS Membership Falters
India and Brazil are pushing back against a Chinese bid to rapidly expand the BRICS group of emerging
2023-07-28 10:27
Bhutan's jobs woes drive an exodus to Australia
By Stella Qiu and Gopal Sharma SYDNEY/KATHMANDU The reopening of Australia's borders to international students after the pandemic
2023-07-28 09:56
Evergrande EV Unit Slumps 68% as Trading Resumes After Long Halt
China Evergrande New Energy Vehicle Group Ltd. tumbled 68% early Friday as trading resumed in the troubled company’s
2023-07-28 09:50
Ford Blames EV Price War for Delay in Plans to Boost Output
Ford Motor Co.’s is throttling back on plans to ramp-up electric vehicle production, pointing the finger at a
2023-07-28 07:18
GM warns US emissions rules could cost industry $100 billion in penalties in 2031
WASHINGTON General Motors warned the Biden administration's vehicle emissions rules could cost the auto industry $100 billion in
2023-07-28 06:26
Foreign bank lending to Australian offices hits record as local banks retreat
By Lewis Jackson SYDNEY Foreign bank lending to Australian office real estate hit a record high in the
2023-07-28 06:19
L'Oreal boosts sales despite Asia disappointment
French beauty products giant L'Oreal said Thursday it managed double-digit revenue growth in the first half of the year although...
2023-07-28 01:47
Kering takes 30% stake in Italian luxury brand Valentino
PARIS French luxury group Kering, which is struggling to revive sales at its star brand Gucci, said on
2023-07-28 00:27
L'Oreal upbeat on China despite market's softer rebound
By Mimosa Spencer PARIS Second-quarter sales at French cosmetics giant L'Oreal slightly beat expectations, as a rebound in
2023-07-28 00:23
Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
2023-07-28 00:21
Treasury Yield May Fall 150 Basis Points Next Year, Jupiter Says
Yields on 10-year Treasuries may fall as much as 150 basis points before the end of next year
2023-07-27 18:28
New Corporate VC Fund Will Bet $100 Million on Electric Vehicles
Wex Inc., a major provider of vehicle fleet management for businesses and governments, is launching a new venture
2023-07-27 18:19