China’s central bank says risks from local government debt have dropped
Pan Gongsheng, governor of the People's Bank of China (PBOC), during the Lujiazui Forum in Shanghai, China, on Wednesday, June ...
Tag: business news
Alibaba earnings miss expectations despite cloud acceleration
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024.Qilai Shen | Bloomberg | ...
Meta CEO Mark Zuckerberg receives letter from lawmakers concerned about illicit drug ads on Facebook and Instagram
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on "The Circuit with Emily Chang" at Meta ...
Here’s the deflation breakdown for July 2024 — in one chart
Fotostorm | E+ | Getty ImagesInflation cooled below 3% in July 2024, the first time it dropped beneath that level ...
Walmart beats estimates, raises outlook as it sees stable consumer health
Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company's stores and website ...
Klarna takes on banks with a personal account and cashback rewards ahead of IPO
Buy now, pay later firms like Klarna and Block's Afterpay could be about to face tougher rules in the U.K.Nikolas ...
China’s bond market intervention reveals financial stability worries
People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, ...
Tencent-backed Airwallex nears $500 million annualized sales, aims to get IPO-ready by 2026
Airwallex, which was most recently valued at $5.5 billion and is backed by Tencent, has been tipped as one of ...
Cisco cutting 7% of workforce, reports earnings and revenue beat for quarter
Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023.Hollie Adams | Bloomberg ...
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti ...
