BUSINESS
In the latest display of diplomatic tensions between Washington and Beijing, U.S. Secretary of State Antony Blinken traveled to China to engage in high-stakes discussions with top officials in Beijing and Shanghai. The visit, which first saw Blinken arrive in the financial hub of Shanghai on April 24, is laden
Goldman Hikes Third-Quarter GDP Growth Estimate to 1.9%
NEW YORK (Reuters) — Global investment firm Goldman Sachs boosted its third-quarter GDP growth estimate...
Saudi Wealth Fund Raises $3 Billion in Debut Green Bonds
DUBAI (Reuters) — Saudi Arabia's Public Investment Fund was set to raise $3 billion on Wednesday, Oct...
US Seeks Input on Climate Law’s $270 Billion in Tax Breaks
WASHINGTON (Reuters) — The U.S. Treasury Department said on Wednesday, Oct. 5 that it would be seeking...
UN Warns Central Banks to Pivot Away From Hawkish Policy
As central banks across the world raised interest rates and doubled down on hawkish narratives that they...
UK Housing Market May Face Perfect Storm as Mortgage Rates Rise, House Prices Drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn, Reuters. LONDON — A surge in borrowing costs and a...
US Department of Justice Asks Court to Halt Sugar Deal Closing Pending Appeal
WASHINGTON (Reuters) — The U.S. Justice Department asked an appeals court on Thursday, Sept. 29 to prevent...
U.S. SEC Fines Deloitte’s China Affiliate $20 Million Fine for Auditing Violations
NEW YORK (Reuters) — The U.S. Securities and Exchange Commission on Thursday, Sept. 29 fined the Chinese...
Alongside Push for Digital Currency, Gold Keeps Its Long-term Value
Commentary In recent years, governments and global organizations have been pushing for digital currencies...
Europe’s Steel Makers Fear Deepening Crisis From Energy Crunch as Output Halted
GENK, Belgium — Spiraling energy costs have forced steel makers to cut output across Europe, threatening...