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The world economy is set for a slowdown as interest-rate increases weigh on activity and China’s pandemic rebound disappoints.
A suite of federal incentives are helping catalyze spending on cutting-edge green tech and de-risking investments, Biden’s top economic adviser is set to say Tuesday.
Farallon Capital Management led a funding round for human resources company HiBob at a valuation of $2.66 billion — compared with the $2.45 billion the company was priced at last year, according to people familiar with the matter.
Ocado Group Plc said its online retail joint venture is making some progress, with volumes showing a slight recovery as shoppers hunt around for affordable food.
A Sudanese gold mining company linked to the Russian mercenary Wagner Group has suspended operations because of conflict in the North African nation.
China’s eastern province of Jiangsu has further tightened its scrutiny on offshore borrowings by local-government financing vehicles, adding another layer of reporting process as the nation ramps up efforts to defuse debt risks.
Euro-area inflation slowed last month after all, according to revised data that will support European Central Bank officials saying no more interest-rate hikes are needed.
A crypto controversy has erupted in Hong Kong amid a probe of a trading platform that has ensnared social-media influencers and unleashed criticisms against the key regulator.
The world’s tourist hotspots may need to wait another year before Chinese visitors return in any great numbers, the World Travel & Tourism Council predicts, with difficulties in getting visas and passports one key bottleneck.
