The best option for Sweden to mitigate a power crunch in the second half of this decade is to speed up approvals for offshore wind parks, said an executive with Orsted A/S, the world’s biggest developer of those sites.
The International Monetary Fund expects India to increase its contribution to global growth over the next five years as the economy continues to grow fairly rapidly.
The Taiwan dollar is regaining an edge over China’s yuan as a carry-trade currency.
It’s likely just a formality before Country Garden Holdings Co.’s missed dollar bond interest payment is declared a default, as creditor focus shifts to a potential debt restructuring for the distressed Chinese developer.
US Secretary of Defense Lloyd Austin and Saudi Defense Minister Khalid bin Salman held talks by telephone to discuss their security partnership and Middle East developments.
Chinese gamers now have to pay more than double the list price of Nvidia Corp.’s flagship consumer graphics card after it was caught up in a US technology export ban on its biggest geopolitical rival.
Dozens of Canadian diplomats left India after New Delhi threatened to revoke their immunity in an “unreasonable and escalatory” violation of international law, Foreign Affairs Minister Melanie Joly said, as ties between the US allies remain tense.
The Securities and Exchange Commission asked a federal judge in New York to dismiss its case against crypto company Ripple’s co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse.
Bangladesh won an initial funding approval from the International Monetary Fund, which allows the country to receive the next loan tranche from a $4.7 billion bailout package.
Intel Corp. and Siemens AG are pulling out of Web Summit, the biggest technology conference in Europe, following remarks by the event’s leader that criticized Western support for Israel after the Hamas attacks.
