The US and the European Union are still struggling to agree on specific ways to slow China’s technological rise and limit its coercive trade practices even as both have signed onto the strategic need to “de-risk” their relationships with Beijing.
Iran has re-installed monitoring equipment and boosted its cooperation with international inspectors even as its engineers added to stockpiles of uranium enriched closer to weapons grade, the global nuclear watchdog reported Wednesday.
About 50 Credit Suisse Group AG bankers are suing Switzerland’s financial regulator for rendering their bond-based bonuses worthless as part of the stricken lender’s state-brokered takeover by UBS Group AG.
The Philippines’ Congress has approved the creation of the Southeast Asian nation’s first sovereign wealth fund, a measure pushed by President Ferdinand Marcos Jr. who now needs to sign it into law.
Sudan’s army bombed a printing press in an attempt to prevent the paramilitary group it’s been fighting for control of the North African country from printing money to fund its operations, people with knowledge of the matter said.
The crisis engulfing Swedish landlord SBB worsened after the chief executive officer’s investment company skipped interest payments on its hybrid bonds.
The number of banks with financial, operational or managerial weaknesses increased during the first three months of this year, according to the Federal Deposit Insurance Corp.
LendInvest Plc founder Christian Faes has left London to start a new fintech investment firm in the US, citing years of political problems and a difficult business environment in the UK.
US Secretary of State Antony Blinken said a Chinese pilot’s “dangerous action” in a close encounter with an American aircraft underscored the need for regular communications between senior US and Chinese officials.
An agreement with the reclusive central Asian state would be a major breakthrough in the global fight against climate change.
