World Bank chief economist Carmen Reinhart said she is pessimistic that the U.S. and global economies can avoid a recession, given scotching inflation, sharp rises in interest rates, and decelerating ...
Group of Seven leaders on Sunday promised to secure $600 billion in private and public funds over five years to fund essential infrastructure in developing countries and counter China's older, ...
The world’s largest gambling hub Macau started its second day of mass COVID-19 testing on Monday after a batch of locally transmitted cases were detected over the weekend, with many ...
Gesture declared at Copenhagen sustainability summit gained praise – and some cries of ‘greenwashing’ Chinese fashion giant Shein might be the firm least likely to gain applause at an international ...
China's Ant Group, which is a financial technology (fintech) giant majorly controlled by billionaire Jack Ma, on June 6 confirmed that it has launched a digital wholesale bank that is ...
Citigroup Inc (C.N) Chief Executive Jane Fraser said on June 3 that Europe was more likely to fall into a recession than the United States, as she met other global ...
Didi Global may have guaranteed its continuity after gaining shareholders’ approval for a U.S. stock delisting. But, an instant return to growth will not be easy for the Chinese ride-hailer ...
India has seized over $700 million from one of China’s largest tech companies after claiming that it is transmitting money out of the country illegally. In a statement on May ...
The company, which has 10.8 million monthly active users, said that it intends to hire an LGBTQ+ chief executive Grindr plans to float through a merger with a SPAC investment ...
S&P 500 and FTSE 100 are among those to fall as investors worry that global growth is weakening Global markets took a steep fall on May 9 as fears over ...
