11:45
Xi mobilizes China for tech revolution to cut dependence on West
For U.S. politicians, China's potential to dominate sensitive cutting-edge technologies poses one of the biggest...
10:55
Ant tells staff it will find solution for unsellable shares
Ant Group told employees it would eventually go public and promised to help those who need to monetize their shares sooner, seeking to boost morale four months after Chinese regulators...
09:50
Disney CEO says moviegoing has probably changed forever
Walt Disney Chief Executive Officer Bob Chapek said he believes there have been fundamental changes in people's attitudes toward moviegoing, trends that will probably continue after th...
02.03.21
Sorry, steak lovers: Australia's running out of cows
In what would be a blow to steak lovers the world over, Australian beef may slip off global menus if cattle producers Down Under can't hasten the pace of a nationwide herd rebuild. Wit...
01.03.21
Europe's recovery choices will leave it a year behind the U.S.
While the U.S. rushes toward a blockbuster fiscal stimulus package to accelerate its recovery from the coronavirus crisis, much of Europe is pootling along in the slow lane. President ...
01.03.21
Why the dollar is more robust than it looks
It’s about as hard right now to find anyone with a kind word to say about the greenback as it is to find someone with a nasty word about equities. There is much talk of yawning U.S. bu...
28.02.21
When the fantasy of better battery science doesn't match reality
With billions of dollars flowing to electric cars, investors are eagerly waiting for the next breakthrough in battery technology - one that will underpin the future adoption of green v...
26.02.21
Barbie's pandemic sales boom follows long revamp at Mattel
One of the biggest consumer hits of the pandemic, alongside Netflix and the Nintendo Switch, is a 61-year-old doll once mocked as outdated and sexist. Long written off by many parents ...
26.02.21
Buffett's letter to break months of silence amid tumult in U.S.
While 2020 raged, Warren Buffett mostly held his tongue. He stayed quiet through a heated presidential election, a racial reckoning that sparked nationwide protests and an exuberance f...
26.02.21
AstraZeneca CEO defends EU vaccine delivery in parliamentary grilling
AstraZeneca's Chief Executive Officer Pascal Soriot sought to deflect blame for a shortfall in covid-19 vaccine deliveries to Europe this year, while reassuring lawmakers that his comp...
26.02.21
Alibaba, once a hedge fund darling, dumped by Point72, Hillhouse
Alibaba Group Holding Ltd, once the most valuable company in China, is turning from a global hedge fund favorite to something less than desirable. Investors from hedge fund titans such...
25.02.21
Nissan CEO who oversaw Ghosn's downfall testifies in court
Former Nissan Motor Co. Chief Executive Officer Hiroto Saikawa told a Tokyo court that he agreed that former Chairman Carlos Ghosn should have been paid more to prevent him from going ...
25.02.21
With tech oligarchy shaken, active funds are having a great time
Turmoil in megacaps like Apple is stirring investor anxiety. But for professional stock pickers, it's mostly good news when the market's biggest companies loosen their grip. Since the ...
25.02.21
GameStop's short-lived CFO to leave with $30 million package
Jim Bell, the GameStop finance chief who is being pushed out after less than two years on the job, will not be leaving empty-handed. The executive will get $15.8 million when he depart...
24.02.21
Chefs trade fancy jackets for Carhartts to cut costs during covid
At renowned Philadelphia restaurant Fork, owner Ellen Yin spent $17,500 in 2019 dry-cleaning the chefs' jackets and uniforms. This year the chef whites are gone, and so are the cleanin...