The Bank of Korea is widely expected to keep interest rates unchanged on Thursday as policymakers’ spotlight shifts to the headwinds to economic growth from a prolonged focus on inflation pressures.
Former Indiana Congressman Steve Buyer can get a fair trial on insider-trading charges in New York City even if the jury is told he was a member of Donald Trump’s transition team, a judge ruled, rejecting the Republican’s request from banning prosecutors from introducing the evidence as a “red herring.”
McKinsey & Co. plans to eliminate about 2,000 jobs, one of the consulting giant’s biggest rounds of cuts ever.
Teck Resources Ltd.’s move to split its metals and coal operations is likely to attract the attention of some of the world’s biggest mining companies as the industry looks to consolidate amid the energy transition.
The European Union’s top diplomat has asked the bloc’s defense ministers to immediately provide Ukraine with ammunition from their existing stockpiles and from orders they have already placed.
It was a day of listless swinging in the oil market that finally saw prices close lower as traders weigh US interest rates and China’s outlook to determine the direction for global energy demand.
Microsoft Corp. made it clear on Tuesday that there will be no $69 billion deal to buy Activision Blizzard Inc. unless it comes with the blockbuster title Call of Duty.
The US is providing Ukraine a long-range GPS-guided bomb made by Boeing Co. that’s capable of hitting targets 45 miles away, industry officials said.
US utilities are expected to spend almost $160 billion this year, the most ever, to green and fortify power grids that have been battered by a string of extreme weather events.
Biotech entrepreneur Vivek Ramaswamy, who’s railed against “woke” investing based on environmental, social and governance principles, is laying the groundwork for a potential Republican run for the White House.
