Didi Sells Smart Car Arm to China’s Xpeng for $744 Million
Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion
2023-08-28 09:25
German Inflation Trauma of 1923 Strikes an Uneasy Chord Today
By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes
2023-08-27 13:54
China's industrial profits extend slump into seventh month
BEIJING Profits at China's industrial firms fell 6.7% in July from a year earlier, extending this year's slump
2023-08-27 10:46
The Sun Sets on Holiday Let Investors as UK Staycation Boom Ends
For the aspirational middle classes, it seemed a no brainer: buy property in one of Britain’s holiday hot-spots
2023-08-26 14:00
BlackRock-Backed Puerto Rico Utility Deal Would Cut Debt by 75%
Puerto Rico’s bankrupt power utility has reached a deal with BlackRock Financial Management and Nuveen Asset Management to
2023-08-26 12:26
Instacart’s IPO Plans Show Bottom-Line Benefit of Strategy Shift
Instacart is preparing to go public as its core grocery-delivery business is slowing and it pivots to a
2023-08-26 09:56
Zoom Boosts Outlook With Move Beyond Video Calls
Zoom Video Communications Inc. raised its profit and sales forecast for the fiscal year, a positive sign for
2023-08-22 04:47
How Satellites Are Helping Farmers Adapt to Global Warming
When to harvest is one of the most crucial decisions a winemaker can make. Too early, and the
2023-08-22 00:25
Fitch Makes Case for Why Netanyahu Won’t Doom Israel Economy
When Fitch Ratings issued an optimistic report on Israel last week, it defied growing conventional wisdom that the
2023-08-21 16:15
North Korean Hackers Take Aim at US-South Korean Joint Military Drills
North Korean leader Kim Jong Un oversaw the test-launch of a strategic cruise missile from a naval vessel,
2023-08-21 10:25
DuPont Is in Talks to Sell Delrin Unit to Private Equity Firm for $1.8 Billion
DuPont de Nemours Inc. is in advanced talks to sell its Delrin resins unit to the private equity
2023-08-21 06:57
Russian Prosecutors File Claim Against Billionaire Melnichenko
Russian prosecutors filed a lawsuit against sanctioned billionaire Andrey Melnichenko, as President Vladimir Putin increases pressure on wealthy
2023-08-20 16:50
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