China Names Pan Gongsheng as New Central Bank Governor to Revive Economy
China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution
2023-07-25 19:23
Europe's strategy to boost its computer chip industry and compete with Asia gets final approval
European Union member states have given final approval for the bloc’s master plan to expand semiconductor production
2023-07-25 19:22
US distillate stocks fail to make summer recovery amid refinery outages
By Laura Sanicola U.S. diesel, heating oil and jet fuel stockpiles have failed to recover from the 10-year
2023-07-25 19:19
China Names Wang Yi New Foreign Minister to Replace Qin Gang
China’s Qin Gang has been removed from his post as foreign minister and replaced by his predecessor Wang
2023-07-25 19:18
General Motors Q2 earnings rise 52% on strong sales, prices and automaker raises outlook for 2023
General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago
2023-07-25 18:58
RV industry steers through post-pandemic US slump
By Timothy Aeppel The U.S. economy may ultimately skirt a recession, but it's felt like one for months
2023-07-25 18:53
Asia-Pacific needs disaster warning systems to counter rising climate change risks, report says
A United Nations report says the Asia-Pacific region needs to drastically increase its investments in disaster warning systems and other tools to counter rising risks from climate change
2023-07-25 18:28
Countries could lose $4.7 trillion over the next decade to tax havens, tax group estimates
Thanks to legal tax avoidance strategies, illegal tax evasion schemes and creative accounting that rarely gets challenged by resource-starved authorities, countries around the world collectively stand to lose an estimated $4.7 trillion in revenue over the next decade unless substantial reforms are made to global tax rules.
2023-07-25 18:16
Heat wave returns as Greece grapples with more wildfire evacuations
A third successive heat wave in Greece pushed temperatures back above 40 degrees Celsius (104 degrees Fahrenheit) across parts of the country following more nighttime evacuations from fires that have raged out of control for days
2023-07-25 17:52
Thai Political Gridlock Grows as Pro-Democracy Bloc Wobbles
Thailand’s parliament called off a vote to select a new prime minister scheduled for Thursday as a coalition
2023-07-25 17:51
Buffett Lifts Fossil Fuel Bets as Global ESG Push Mints Bargains
Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector
2023-07-25 17:45
Binance to Scale Up Services on New Japan Platform in August
Binance will roll out full services on its new platform for Japan in August, the crypto exchange’s founder
2023-07-25 17:25