China’s exports tumble in May as global demand falters
China's exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find...
Oil rises on Saudi plan to deepen output cuts from July
Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by...
US Congress averts historic default, approves debt-limit suspension
The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting...
Investment more than consumption leading India’s economic growth, economists say
A surge in investments that offset sluggish consumption to boost India's growth in 2022-23 is expected to power the economy in the current...
Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar
For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder.
Before 2019, there were few major impediments to having...
AI means everyone can now be a programmer, Nvidia chief says
Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia...
Biden sounds hopeful on debt ceiling, Treasury warns of June 5 default
Democratic President Joe Biden and a Republican negotiator said on Friday they were working on a deal to raise the U.S. government's...
Investing in AI: how to avoid the hype
Experienced tech investors are hunting for undervalued opportunities in an over-valued space.
At stake is how best to invest in the potential of...
Wall Street prepares for Treasuries mess as default looms
Anxiety is increasing in parts of Wall Street that rely on Treasury securities to function, with some traders starting to avoid U.S....
Chinese hackers spying on US critical infrastructure, Western intelligence says
A state-sponsored Chinese hacking group has been spying on a wide range of U.S. critical infrastructure organizations, from telecommunications to transportation hubs,...
Explainer: How could a US debt ceiling default hit regular Americans?
What could happen on Main Street if Washington's political showdown over the debt ceiling stopped the government from cutting checks that fund...
Treasury confirms U.S. default as early as June 1 without debt ceiling hike
The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government's bills only through June 1 without...
US banks rethink social media as a threat, not a marketing tool
Bankers are beefing up risk management, monitoring and emergency procedures around the use of social media after an internet-fueled run toppled Silicon...
New Vodafone boss takes aim at costs with 11,000 global job cuts
New Vodafone (VOD.L)Â boss Margherita Della Valle said she would cut 11,000 jobs globally over three years to help the telecoms group regain...
US on track for June 1 default without debt ceiling hike, Treasury says
The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government's bills only through June 1 without...