Nearly 37 million people in China may have been infected with Covid-19 on a single day this week, according to estimates from the government’s top health authority, making the country’s outbreak by far the world’s largest.
UK stocks suffered record annual outflows in 2022, marking the seventh year in a row that investors have fled the country’s markets.
A suicide bomber and his accomplice detonated explosives in Pakistan’s capital when police tried to check their vehicle, killing themselves, one policeman and injuring five people.
Investors have dumped equities at a record pace in the days since major central banks signaled they won’t be deterred in their fight against inflation — a fitting end to the worst year for world stocks since the global financial crisis.
China’s soaring Covid infections are keeping people home and causing a slump in travel and economic activity, according to the latest high-frequency data.
Credit Suisse Group AG has filed a criminal complaint against a Zurich financial blog, ratcheting up a legal attack begun this week over readers’ comments attached to a series of stories it ran about the Swiss bank earlier this year.
Japan’s cabinet approved a record initial budget for the next fiscal year, piling more borrowing onto the country’s massive debt load.
Billionaires over the world have descended upon the Caribbean ready for Christmas and New Year parties, as the yacht count in the region has more than doubled from the previous month.
Meta Platforms Inc. has agreed to pay $725 million to settle a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica.
Shanghai, the world’s biggest container port, is isolating the shipment of international goods to prevent disruptions to global exports as a Covid wave sweeps across China.
