This Chinese company will pay its workers $140 million to have kids
China's Trip.com, one of the world's largest online travel agencies, is introducing new childcare subsidies worth 1 billion yuan ($138 million) to encourage its 32,000 employees to have kids.
2023-06-30 19:16
IMF reaches $3 billion staff-level agreement with Pakistan
Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) for a crucial bailout that could help stabilize its flailing economy and lift the South Asian nation out of a crisis that has pushed millions to the brink.
2023-06-30 11:59
Services activity in China drops to weakest level in six months
Activity in China's services industry and construction sector dropped to its weakest level since December, according to data released Friday by the National Bureau of Statistics, as the country's economic recovery continues to lose momentum.
2023-06-30 10:28
Anglo-French deal could create Europe's biggest lithium producer
A French minerals company is buying a British startup in a tie-up that could produce enough lithium carbonate to power 500,000 electric vehicles a year.
2023-06-29 19:21
UK Royal Household spending exceeded income last year, annual financial statement shows
The British Royal Household released its annual financial statement on Thursday, revealing that official spending for the year 2022-2023 exceeded the Sovereign Grant and other royal earned income.
2023-06-29 08:17
Honeywell to acquire heads-up display assets from Sweden's Saab
U.S. conglomerate Honeywell said on Wednesday it had agreed to acquire Swedish aerospace firm Saab's heads-up display (HUD)
2023-06-28 23:48
LVMH owner Bernard Arnault reportedly visits China after luxury spending rebound
Bernard Arnault, chairman and CEO of LVMH, has reportedly arrived in China for his first visit to the country since the end of its strict Covid restrictions, after his company posted a jump in sales driven by a rapid rebound in China's luxury spending.
2023-06-28 14:47
Shein sent American influencers to China. Social media users are furious
A group of American fashion influencers and creators has received online backlash after they visited a model factory in China as part of a tour sponsored by Shein, an internet shopping giant, and posted glowing reviews.
2023-06-28 12:47
Lordstown Motors files for bankruptcy and sues former partner Foxconn
Lordstown Motors, the EV maker, filed for bankruptcy protection Tuesday and announced a lawsuit against Foxconn, accusing its former partner of setting out to "destroy" its business.
2023-06-27 16:26
China's premier strikes confident tone on economic growth
China's Premier Li Qiang struck a confident tone about expansion in the world's second largest economy on Tuesday, saying growth in the second quarter will be higher than in the first three months of the year.
2023-06-27 11:52
Why PwC is selling part of its business in Australia for less than $1
PwC, one of the world's big four consulting firms, is selling its government advisory business in Australia for just cents after a scandal left its reputation there in shreds.
2023-06-26 18:55
Oil price gains evaporate after short-lived Wagner insurrection in Russia
Gains in oil prices evaporated on Monday after a brief and chaotic insurrection in Russia, with investors questioning whether the turmoil in Moscow could disrupt global energy supplies.
2023-06-26 13:25