One economist still feels a recession is looming — because corporate borrowing costs could shoot up, thanks to rising interest rates
About a quarter of US investment-grade debt is maturing from 2023 to 2025, Bloomberg reported, citing data from Fidelity.
Russia says it will not let foreign banks exit the market easily — unless they unfreeze Russian assets
President Vladimir Putin's regime continues to impose an increasing number of punitive measures on companies trying to exit the Russian market.
Russia is demanding Norway pay up to $4.4 million in compensation after 42 Norwegian reindeer wandered across the border
Norway is now repairing a fence dating from 1954 that prevents reindeer from crossing into Russia.
Europe's plan to wean itself off Russian fossil fuels by 2027 has a major flaw
The bloc is on track to import record volumes of Russian LNG this year to make up for lost piped gas.
The Chinese property market may look like it's imploding. But one expert doesn't think it'll cause a financial crisis — and there may even be a bright spot.
Chinese property developers have been over-building for a number of years and the over-capacity can now be absorbed, he said.
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Mark Thompson, former New York Times Company and BBC exec, expected to serve as the next CEO of CNN after Chris Licht's epic PR fail, according to new report
Chris Licht was out as CNN CEO and chair in June following a profile in The Atlantic that many derided as an epic PR failure.
Colin Huang, the founder of the company that owns Chinese shopping app Temu, got $4.3 billion richer after earnings smashed analysts' expectations
Huang is worth $32.8 billion as of August 30, according to the Bloomberg Billionaires Index, making him the 41st richest person in the world.
China's so desperate to get people to marry and have babies, one county is offering $137 as a 'reward' if the bride is 25 years old or under
A county in the Zhejiang province said the move is to promote "age-appropriate marriage and childbearing."
Meet Terry Gou, the 72-year-old billionaire founder of a key Apple supplier who now wants to be the president of Taiwan
Gou founded Foxconn in 1974 with a $7,500 loan from his mother and grew it into a global contract manufacturer behemoth.
5 Chinese brands that have crept into your life and are flipping the narrative on Chinese-made goods
TikTok, Lenovo, Tencent, DJI, and Xiaomi are five Chinese brands that have made it big outside China.
Shares of Better — whose CEO fired 900 workers on a Zoom call — slumped 93% on their first day of trade
Shares in Better Home & Finance tumbled 93% in their first day of trading after combining with a SPAC to go public.
The China-Japan seafood war could have an unlikely winner: Russia
Russia said it hopes to increase seafood exports to China after Beijing banned Japanese products following the release of treated radioactive water.
The billionaire founder of a key Apple supplier announced his Taiwan presidency run, saying Beijing can't threaten him because of his links with Apple, Tesla, Amazon, and Nvidia
He said no foreign investor would dare invest in China if Beijing confiscated Foxconn's vast assets.
The BRICS summit ended with no new currency and all 5 members issuing differing and contradictory commentary on de-dollarization
The BRICS nations appear divided on the issue, as statements from the bloc's leaders last week indicated.
Meet the Prigozhins: What to know about the Wagner boss and the relatives who help run his business empire
Prigozhin's family members, many of whom have been subject to Western sanctions, have varying levels of involvement in his business empire.
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The sanctions against Russia aren't working, says the foreign minister of Germany
"Economic sanctions should have an economic impact. But that is not the case," Baerbock told German journalist Stephen Lamby.
Meet Jensen Huang, the 60-year-old cofounder of chipmaker Nvidia, whose wealth has more than doubled this year to $42 billion thanks to the AI boom
Nvidia's stock has gained over 220% so far this year on the back of blowout results thanks to demand for artificial intelligence chips.
Russians aren't the only victims of the ruble's implosion — the weak currency is also hitting migrant Central Asians who repatriate the cash
One US dollar can now buy around 95 rubles. That's compared to 74 rubles at the start of 2023.
The CEO of a bank in Australia is getting slammed for ordering staff back to the office not for productivity — but for 'mental health'
"This is about our own mental health, this is about the fact that we are a relationship bank," said the CEO of Bendigo and Adelaide Bank.
Nvidia's blowout results are exciting analysts so much, one of them even said the AI chipmaker will be 'most important company to civilization'
AI chipmaker Nvidia posted revenues of $13.51 billion in the second quarter. That's 88% higher than the previous quarter and up 101% from a year ago.