Chinese tourists accounted for nearly a third of Thailand’s visitors prior to Covid, so their pending return has local businesses hoping for a much needed boost. But a full recovery from the crisis remains a way off.
Sam Bankman-Fried, the now-disgraced cryptocurrency mogul, held at least four meetings with senior White House officials this year — part of a push to influence crypto policy and build connections in Washington before his FTX empire ultimately collapsed.
An adviser to Ukrainian President Volodymyr Zelenskiy said Russia had confirmed that it was holding more than 3,000 prisoners of war. She added that 15,000 people were missing, many of them civilians.
Southwest Airlines Co. plans to return to a normal schedule Friday after a weeklong meltdown stranded thousands of passengers.
The US Treasury Department signaled some imported cars will qualify for electric-vehicle tax credits in the Inflation Reduction Act, a move that could assuage Asian and European allies’ concerns about the sweeping climate legislation.
US stocks rose in a broad-based rally and Treasury yields fell as data allayed fears of a supercharged jobs market that would support a more aggressive policy path. A gauge of the dollar fell.
(Bloomberg) — Brazil’s Luiz Inacio Lula da Silva tapped Amazon activist Marina Silva and new centrist ally Simone Tebet for key government positions as he seeks to deliver on promises of a diverse cabinet that includes more women, Black Brazilians and different parties from his coalition.
(Bloomberg) — A Chinese fighter plane flew within 20 feet (6 meters) of a US Air Force reconnaissance aircraft over the South China Sea in what the US Indo-Pacific Command called “an unsafe maneuver.”
It’s been a brutal year for technology stocks, but there’s a glimmer of hope. The group is now on track to avoid its worst December ever.
After years of stinging losses, investors betting against Tesla Inc. are finally reaping the windfall they’ve been expecting.
