The UK is considering whether to follow President Joe Biden’s move to limit US investment in some Chinese advanced technology companies, as Western nations seek to strike a balance between protecting national security with the economic necessity of trading with China.
Typhoon Khanun is heading close to Seoul after landing in the southern part of South Korea early Thursday, with the threat of lashing winds and torrential rains across the Korean Peninsula.
Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri Holdings Ltd. in an $8.5 billion deal that shows the wave of consolidation in the luxury-goods sector is far from finished.
Berry Global Group Inc. is weighing options for its nonwoven fabrics business, including a possible sale that could fetch as much as $2 billion, people with knowledge of the matter said.
Workers at Romania’s Finance Ministry thronged the building’s halls in a flash protest against a government plan to cut spending, a rare show of disobedience amid growing public anger over austerity.
Country Garden Holdings Co. expects to report a multibillion-dollar loss for the first half of this year, as the Chinese developer provided more specifics to its recent forecast that helped fuel stock and bond declines.
A key measure of US consumer prices rose only modestly for a second month, bolstering hopes that the Federal Reserve can tame inflation without sparking a recession.
Circle Internet Financial is counting on a more than $1 billion cash cushion to help weather fresh competition from non-crypto companies such as PayPal Holdings Inc. while it seeks to stem a deepening decline in the market share of the second-largest stablecoin.
Indian households expect inflation to moderate in the coming months after a spurt in the current period, mainly on account of food prices, according to surveys by the Reserve Bank of India.
The Biden administration is planning to send the Federal Bureau of Investigation to Ecuador to aid in the investigation into the assassination of presidential candidate Fernando Villavicencio, according to people familiar with the plans.
