China avoids climate change discussion despite extreme weather
Record heat and historic floods in China this summer have failed to ignite domestic public debate about how the world's top carbon...
US set to unveil long-awaited crackdown on real estate money laundering
The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases, closing a loophole that the agency...
Oil prices could rise further this year, but 2024 demand to slow sharply: IEA
OPEC+ supply cuts could erode oil inventories in the rest of this year, potentially driving prices even higher, before economic headwinds limit...
UK retailer Wilko collapses, putting 12,000 jobs at risk
British discount retailer Wilko said it has fallen into administration on Thursday, a form of creditor protection that puts its 12,000 jobs...
Analysis: Moody’s warning on US banks a wake-up call for sanguine investors
The slide in U.S. bank stocks this week appeared to catch traders in the options market by surprise, data shows, raising questions...
China tips into deflation as efforts to stoke recovery falter
China's consumer sector fell into deflation and factory-gate prices extended declines in July, as the world's second-largest economy struggled to revive demand...
India succeeds in reducing emissions rate by 33% over 14 years – sources
India's greenhouse emissions rate dropped by a faster-than-expected 33% in 14 years as renewable energy generation rose and forest cover increased, according...
Moody’s downgrades US banks, warns of possible cuts to others
Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's...
Exclusive: India bars makers of military drones from using Chinese parts
India in recent months has barred domestic manufacturers of military drones from using components made in China over concerns about security vulnerabilities,...
Will AI be an economic blessing or curse? History offers clues
If medieval advances in the plough didn't lift Europe's peasants out of poverty, it was largely because their rulers took the wealth...
Factbox: India’s measures targeting Chinese products and investment
India said on Friday it would defer the imposition of a licensing requirement for imports of laptops, tablets and personal computers by three...
Focus: Key trade loophole keeps cheap Chinese products flowing to US
The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old loophole that allows...
US companies hoarding workers even as economy cools
When storms hammered California's farms last winter, Kevin Kelly knew his small factory outside San Francisco would soon see demand wilt for...
Hindu-Muslim riots expose risk at major Indian business hub
Hindu-Muslim clashes just outside the Indian capital this week have worsened religious fault lines in the region and exposed a booming business...
Bank of England raises borrowing costs to 15-year peak, signals rates to stay high
The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak of 5.25%...