
China Evergrande's electric vehicle unit warns it may halt production amid funds shortage
The Evergrande automobile Hengchi 5 in Shanghai, China. CFOTO | Future Publishing | Getty Images China Evergrande New Energy Vehicle Group said on Thursday it
The Evergrande automobile Hengchi 5 in Shanghai, China. CFOTO | Future Publishing | Getty Images China Evergrande New Energy Vehicle Group said on Thursday it
Shares of Nvidia have rocketed by over 100% in the last six months. That has led some investors to question its extraordinary valuation on many
Toshiba’s board to accept $15 billion takeover bid from consortium: Nikkei Toshiba‘s board has to accept a takeover offer of 2 trillion yen ($15.3 billion)
Internet stocks are enjoying a good run this year — they’ve “way outperformed” the S & P 500 over the last three months, according to
Morgan Stanley upgraded the shares of French energy firm TotalEnergies . That’s thanks in part to the the company’s “significant” growth potential, its strong balance
Chinese tech giant Tencent released quarterly results Wednesday. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on
Cryptocurrency industry insiders predict bitcoin could hit a new all-time high in 2023 and possibly reach $100,000. It comes after a noted investor bet that
The Swiss national flag hangs from the Federal Palace, Switzerland’s parliament building, in Bern, Switzerland, on Thursday, Dec. 13, 2018. The Swiss National Bank cut its inflation
China’s President Xi Jinping is seen on a big screen in Shanghai on November 5, 2018. Johannes Eisele | Afp | Getty Images Ukraine was
The company’s Terran 1 rocket lifts off from LC-16 at Cape Canaveral, Florida. Relativity Space Relativity Space, a 3D-printing specialist, launched the inaugural flight of
Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland’s finance minister, Alain Berset, Switzerland’s president, Thomas
Travelers at passport control in Shanghai Pudong International Airport on March 12, 2023, in Shanghai, China. The country, in its latest batch of economic data
Regional banks PNC and U.S. Bancorp could prove smart picks in the sector while it’s still feeling pressure from the latest crisis, Wells Fargo said.
WASHINGTON — The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that
Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, DC, on March 22, 2023. Olivier Douliery |