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Ex-Banker Guillermo Lasso Elected Ecuador President
Former banker Guillermo Lasso won Ecuador’s presidential election Sunday, pledging “opportunities and prosperity”…
White House To Zero In On Chip Shortage In Meeting With Company Officials
Senior White House officials will meet on Monday with top executives from nearly 20 major companies to discuss a…
Smartphone Shipments In China In March Increase 67.7%: CAICT
Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China…
Huawei To Reduce Reliance On Advanced Process Techniques
Chinese telecoms equipment maker Huawei Technologies will invest more in businesses that are less reliant on…
No One Cares’: Lebanon’s Financial Crisis And Domestic Workers
abrina, a Bangladeshi domestic worker, is barely 127cm (4 feet 2 inches) tall and extremely thin. Her shoulder…
Prince Harry Arrives Back In The UK For Prince Philip Funeral
Prince Harry, whose explosive interview alongside his wife Meghan plunged the royal family into its biggest crisis…
Mitsubishi Motors To Cut Output In Japan And Thailand Due To Chip Shortage
Mitsubishi Motors Corp will cut production by a combined 7,500 vehicles at three plants in Japan and Thailand in…
South Korean PM Arrives In Iran To Help Try To Revive Nuclear Deal
South Korean Prime Minister Chung Sye-kyun arrived in Iran on Sunday to help try to restore a 2015 nuclear deal…
Fed’s Powell: U.S. Economy At An ‘Inflection Point’ – CBS…
The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the…
HSBC And Huawei CFO Reach Agreement On Document Publication Linked To Extradition…
HSBC and Huawei Technologies’ Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about…
Commodities Trader Trafigura Launches Carbon Trading Desk
Trafigura has begun launching a carbon trading desk led by Hannah Hauman, the global commodities trading firm said…
Will Corporate Earnings Be Strong Enough To Justify The Record Stocks Rally?
The Dow and S&P 500 are at record highs thanks to Wall Street optimism about Covid-19 vaccines, federal…
Shares In SK Innovation Surge After Settlement With Rival Brightens U.S. Prospects
Shares in South Korean auto battery maker SK Innovation Co Ltd soared on Monday after it buried the hatchet with LG…
Big U.S. Treasury Auctions Could Restart Rise In Yields
U.S. Treasury auctions offering $271 billion of new debt and a key inflation report this week could end a recent…
China’s Exports, Imports Seen Staying Buoyant In March
Improved global demand and a favorable base effect are likely to have kept China’s exports buoyant in March, while…
Dollar Pinned Down By Lower U.S. Yields; Inflation Data In Focus
The dollar languished near 2-1/2-week lows against major peers on Monday as a decline in Treasury yields restrained…
Chinese Tech Start-Ups Pull IPO Plans As Beijing Tightens Scrutiny
A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some…
Alibaba Says Does Not Expect Material Impact From Antitrust Fine, Shares Rally
China’s Alibaba does not expect any material impact from changes to its exclusivity arrangements with merchants,…
Asia Shares Anxious For Earnings Season, U.S. Data Deluge
Asian shares faltered on Monday as anxious investors wait to see if U.S. earnings can justify sky-high valuations,…
Grammy-Nominated Rapper DMX dead At Age 50
DMX has died after suffering a heart attack at his home on April 2 that left him in a coma for seven days. The…
Sterling Falls, Set For Biggest Weekly Loss Since 2020
Sterling fell on Friday, touching a two-month low against the dollar in early London trading, and was set for its…
Digital Pound Would Boost Post-Brexit City Of London, Think-Tank Says
A digital pound must be at the heart of Britain’s efforts to strengthen the City of London’s global attraction as a…
France’s Macron Announces End Of Elite ENA College
Emmanuel Macron announced Thursday plans to scrap France’s elite ENA graduate school, which four modern presidents…
The Guy Who Started The GameStop Mania Will Soon Be Chairman Of The Board
George Sherman may still be the CEO of meme stock poster child GameStop. But it looks like Chewy co-founder Ryan…
Bitcoin Mining In China Could Soon Generate As Much Carbon Emissions As Some…
Bitcoin's soaring popularity could have a long-lasting negative effect on the environment.
Cryptocurrency…
Queen Elizabeth’s Husband Prince Philip Dies At 99
The Duke of Edinburgh, the Queen’s “strength and stay” for 73 years, has died aged 99.
Flags on landmark buildings…
Futures Tepid After S&P 500 Ends At Record Level
U.S. stock index futures were subdued on Friday as a rise in bond yields weighed on richly valued technology stocks…
Biden faces key test on EV battery Trade Dispute
U.S. President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two…
Some Hong Kong Lawmakers Criticise Plans To Mask Company Directors’ Data
Several Hong Kong lawmakers on Friday raised concerns that proposals to restrict public access to information about…
Volkswagen Loses $125 Million Fine Appeal For Emissions Breach In Australia:…
Australian competition regulator said on Friday the federal court dismissed Volkswagen’s appeal against a record…