JD.com Creates Groceries Arm as Rival Alibaba Weighs Spinoffs
JD.com Inc. aims to create an independent unit by merging its 7Fresh supermarket chain with other online services,
2023-06-26 14:24
China’s June Car Sales Expected to Fall as Consumption Slows
China’s June passenger car sales are expected to drop 5.9% in June from the same month last year,
2023-06-26 14:18
Renault Sells €200 Million Stake in Formula 1 Unit to Investors
RedBird Capital Partners and Otro Capital are leading an investor group buying 24% of Renault SA’s Formula 1
2023-06-26 13:47
Tech Startup Byju’s Seeks to Calm Investors as Crisis Escalates
The billionaire founder of Byju’s, the Indian education-technology firm that lost its auditor and three board members in
2023-06-26 13:15
Surging Summer Travel Won’t Save US Gasoline Demand
After three pandemic summers, a record number of Americans will hit the highway this July 4th weekend, but
2023-06-26 12:16
Wheat Fluctuates as Traders Assess Risks After Russian Mutiny
Wheat swung between gains and losses after a weekend in which top exporter Russia experienced an armed uprising
2023-06-26 10:00
Chinese Tourists Can Help Pull Thai Baht Out of Political Morass
Thailand’s baht slid to the lowest level since March last week but there are reasons to believe it
2023-06-26 08:19
UK to Tame Inflation With Greedflation and Public Pay Crackdown
The UK government is stepping up efforts to tame soaring inflation by threatening both a crackdown on corporate
2023-06-26 07:19
New Zealand Seeks Trade Diversity With China as Hipkins Meets Xi
Having struggled to reduce its trade reliance on China, New Zealand is now trying to diversify within it.
2023-06-26 01:21
Cargo Airline Western Global Weighs Bankruptcy as Cash Dwindles
Western Global Airlines LLC is weighing options including filing for bankruptcy as it faces dwindling liquidity, according to
2023-06-25 12:00
Meloni Says Italian Vote on ESM Reform Would Be Mistake For Now
Prime Minister Giorgia Meloni said she opposes having Italian lawmakers take up a revision of the euro area’s
2023-06-24 22:49
Charting the Global Economy: BOE Surprises With Bigger Rate Hike
The Bank of England stepped up efforts to beat back the worst inflation since the 1980s by boosting
2023-06-24 17:29