A fresh fiscal showdown is brewing in Washington that threatens to complicate the Federal Reserve’s policy making and strengthen Fitch Ratings’ warning that self-inflicted wounds are tarnishing America’s standing in the global economy.
Meesho has become one of the few startups in India’s fledgling e-commerce industry to turn a profit, helped by cost cuts that included a round of recent layoffs.
Israel and Saudi Arabia will deepen economic and business ties even if they don’t formally recognize each other, according to Benjamin Netanyahu.
Pakistan Prime Minister Shehbaz Sharif is set to dissolve parliament days before his term expires at the end of the week, a development that comes shortly after popular former leader Imran Khan was imprisoned in a graft case.
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Traders hunting for an edge in the $7.5 trillion a day foreign-exchange market are poring over a crucial gauge of economic resilience in the era of higher-for-longer interest rates: housing prices.
Amazon.com Inc.’s web services division is offering $20 million in cybersecurity grants to K-12 schools as part of a new White House initiative designed to help shield the nation’s elementary, middle, and high schools from attacks targeting school records and operations.
Shares of China’s Hua Hong Semiconductor Ltd. advanced in its trading debut in Shanghai after it raised 21.2 billion yuan ($2.96 billion) in the largest sale of new equity in the Asia Pacific region this year.
The footprint of President Vladimir Putin’s war on Ukraine is growing fast after a weekend in which sea drones crippled a Russian naval vessel and an oil tanker.
(Bloomberg) — China raised its gold reserves for a ninth straight month in July as central bank purchases continue to underpin prices of the precious metal.
