China fines Jack Ma's Ant Group nearly $1 billion
China's top financial regulators have fined Ant Group — the fintech firm founded by billionaire Jack Ma — about 7.1 billion yuan ($994 million) for breaking rules related to consumer protection and corporate governance.
2023-07-07 23:45
Rate Hike Seen by All Canada’s Big Six Banks on Strong Jobs Data
All six of Canada’s main commercial lenders now expect the Bank of Canada to raise interest rates next
2023-07-07 23:22
Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed - sources
By Yuvraj Malik AI4Bharat, a start-up backed by Microsoft, is raising $12 million from venture capital firms Peak
2023-07-07 22:59
Biden: U.S. jobs report shows 'Bidenomics in action'
WASHINGTON U.S. President Joe Biden said a report on Friday showing continued, but slowing, job growth is "Bidenomics
2023-07-07 22:55
JPMorgan's Dimon, Staley urge end to shareholders' Jeffrey Epstein lawsuit
By Jonathan Stempel NEW YORK Jamie Dimon and Jes Staley do not agree on who to blame for
2023-07-07 22:49
Southern Water Hit by Downgrade as Debt Costs Surge
Southern Water Ltd was forced to suspend dividend payments until at least 2025 as Fitch downgraded its debt
2023-07-07 22:46
Chile’s Prices Unexpectedly Fall, Paving Way for Rate Cut
Chile’s consumer-price index unexpectedly fell in June, fueling bets that the central bank will start lowering its benchmark
2023-07-07 22:26
Black unemployment rate spikes for second month in a row
By Safiyah Riddle The U.S. Black unemployment rate jumped for a second consecutive month, hitting a 10-month high
2023-07-07 22:26
Instant View: June US jobs growth cooled, but wages won't comfort Fed
NEW YORK U.S. job growth slowed more than expected in June after surging in the prior month, but
2023-07-07 21:24
The US economy can't function smoothly without UPS. That's why a strike will hurt
The last time United Parcel Service went on strike in 1997, Amazon was still just a jungle in South America to most US consumers. If they went online at all, they probably did it via dial-up modem, and rarely to shop.
2023-07-07 21:15
Canada gains more jobs than expected in June, jobless rate rises to 5.4%
OTTAWA (Reuters) -The Canadian economy added a net 59,900 jobs in June, far more than expected, while the jobless rate
2023-07-07 20:55
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement
2023-07-07 20:55