Investors in Chinese bank stocks are getting a painful reminder of who’s likely to bear the brunt of government efforts to shore up the embattled real estate sector and revive economic growth.
The impact on employment of the rapid spread of Artificial Intelligence is limited so far, but the potential for the technology to substitute jobs is significant, and workers are increasingly worried about their future, an OECD study showed.
Delays at naval shipyards mean that nearly 40% of US attack submarines are out of commission for repairs, about double the rate the Navy would like, according to new data released by the service.
Andrew Left is behind the wheel of a dark gray Range Rover cruising through Beverly Hills with the windows down on a cool morning. Though he’s sworn off smoking, he’s looking to buy a pack of Marlboro Lights.
The White House has developed a new strategy to reduce the growing number of overdose deaths linked to xylazine, a potent animal sedative that’s increasingly being combined with opioids and other drugs.
Turkey suffered unexplained outflows of capital during a month of elections that were the largest since a 2021 currency crisis, revealing the extent of anxiety that gripped the economy as President Recep Tayyip Erdogan faced the biggest challenge to his two-decade rule.
Britain’s so-called “zombie” companies are being wiped out by the inflation crisis and rising interest rates, according to the head of bankruptcy specialist Begbies Traynor Group Plc.
The potential kingmaker in Slovakia’s fall election criticized his frontrunner rival for anti-US and anti-Ukraine rhetoric and said he would ensure the NATO and European Union country maintains its transatlantic orientation.
IHS Holding Ltd.’s second-largest shareholder sued the African mobile tower operator, escalating a standoff with management over how the firm is run.
The UK government announced an agreement between nine of Britain’s largest pension providers to boost their investment in growth companies, a move it said could unlock £50 billion ($64 billion) if the rest of the industry follows suit.
