US and European investment into mainland China has largely been channeled through offshore vehicles set up by Chinese companies in tax havens, according to newly-published research, suggesting that foreign exposure to Chinese assets is much larger than recorded by official statistics.
The share of women on the management boards of Germany’s biggest companies surpassed the 20% mark for the first time last year, progress that still leaves Europe’s biggest economy lagging in the gender equality charts.
Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd., will be focusing his attention on the Indian conglomerate’s pivot to green energy, according to people familiar with the matter, after putting his children in charge of other businesses.
Italian inflation slowed, mirroring a trend across Europe’s major economies and fueling optimism that the worst price gains since the euro was introduced may have peaked.
A rebellion by Republican hard-liners that’s blocking Kevin McCarthy’s bid to become House speaker has been brewing for years, fueled by anger at party leadership and deep suspicions of the veteran lawmaker.
Tencent Holdings Ltd. entered the club of the world’s 10 most-valuable companies for the first time in six months, reflecting broader investor optimism for Chinese equities as the nation dismantled its stringent Covid Zero policy and refocused on growth.
Value stocks could shine again this year as steadfastly hawkish central banks keep interest rates elevated and investors flee pricey technology shares, according to Goldman Sachs Group Inc. strategists.
The Bank of England said business leaders see inflation accelerating in the years ahead and wage growth strengthening, adding to concerns about upward pressures on prices.
The former North Korean foreign minister who was with Kim Jong Un when he held a summit in 2019 with then President Donald Trump has been purged, according to a South Korean lawmaker who sits on an intelligence committee.
Deliveries from Tesla Inc.’s Shanghai factory slumped in December after a record November as production was temporarily suspended due to equipment upgrades and lackluster consumer demand.
