With roughly two weeks until the US Treasury was going to run out of money to pay the government’s bills, the negotiations in Washington to lift the nation’s debt limit blew up.
US-listed Chinese stocks jumped in premarket trading after Bloomberg News reported that regulators are considering new measures to aid the property market, buoying hopes that Beijing may roll out policy stimulus to reinvigorate a faltering economic recovery.
Elon Musk is getting more firepower for his electric-vehicle price war thanks to President Joe Biden’s signature climate legislation.
Pivot Agency, the sports marketing and sales firm run by former Golden State Warriors executive Ben Shapiro, has bolstered its board of investors with a goal of raising $20 million.
Peninsula Participacoes Ltda., the investment firm managing assets for the billionaire Abilio Diniz and his family, is expanding its push into Brazil’s hedge fund industry.
British Prime Minister Rishi Sunak is trying to repair the UK’s relationship with China without being seen doing it.
Cboe Global Markets Inc. will allow companies to list on its exchanges in the US and globally for the first time, entering a market dominated by the New York Stock Exchange and Nasdaq.
3M Co. faces an existential threat from lawsuits over allegedly cancer-linked “forever chemicals” that have leached into municipal water supplies, with the company’s liability possibly hitting $143 billion for cleanup alone.
Zhejiang Geely Holding Group Co. is considering raising funds for the maker of London’s iconic black cabs, people familiar with the matter said, as the Chinese automaker looks to bolster its electric fleet.
The sharpest rally for Chinese stocks in three months is doing little to convince money managers that the market is set for a sustained turnaround.
