The Democratic Republic of Congo’s government watchdog called for a major overhaul of the country’s $6.2 billion minerals-for-infrastructure deal with China after its investigations found significant breaches of the 2008 agreement.
After months of exhilarating gains as hedge funds piled in and analysts upgraded target prices, Alibaba Group Holding Ltd.’s stock is losing its mojo and leading the decline in Chinese technology shares.
AutoNation Inc., one of the biggest car dealership chains in the US, expects prices for new and used cars to decline this year as manufacturers crank up volumes and offer more incentives to price-sensitive buyers.
Passengers boarding a trans-Pacific flight from Auckland to New York on Thursday evening had no idea of the rude awakening that awaited them: a 16-hour ordeal that saw them back at square one.
Pact provides a template for US carmakers to navigate political tensions
Ukraine is confiscating a key alumina plant linked to United Co. Rusal International PJSC and other assets it says are owned by Russian billionaire Oleg Deripaska, under sanctions the government imposed after Russia’s invasion last year.
A blank-check company led by former New York Yankee Alex Rodriguez became the latest firm to be rocked by investors opting to swap their stock for cash as the industry fizzles.
Turkish President Recep Tayyip Erdogan’s accumulation of political power hampered rescue efforts after last week’s deadly earthquakes, an opposition leader said, adding to criticism of the government’s handling of the crisis.
First, a small armada of oil tankers emerged to help Russia beat sanctions. Now hundreds of fuel vessels are taking steps to hide where they’re going from prying eyes.
Professional speculators are turning risk-on by gobbling up technology shares, after largely missing out on the new-year rally in the stock-market’s biggest winners.
