Jersey City ‘Struggling,’ Moody’s Says in One-Notch Credit Cut
Moody’s Ratings cut Jersey City’s credit grade one step to A2 from A1, saying the rating reflected a…
Australia’s CEFC says location of COP31 unimportant as Turkey takes hosting duties
As COP30 – the UN climate change conference in Brazil – unfolded, it looked less likely by the…
China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets
The race to develop artificial intelligence has pushed governments and technology giants to build new electricity plants and…
Goldman Sachs unveils 10-year playbook, AI is at the heart of it
Artificial intelligence and emerging markets are set to define the next decade, according to Goldman Sachs. The Goldman Sachs…
Canada Pension Plan Raises €815 Million in EDP Share Sale
The Canada Pension Plan Investment Board, one of the world’s largest pension funds, raised about €814.7 million ($942.6…
Inflation Flip Gives Emerging Markets Edge Over Rich Nations
A rare turn in global inflation trends is expected to inject fresh momentum into this year’s rally in…
Huawei Debuts Ultrathin iPhone Air Rival Priced at $590
Huawei Technologies Co. added a thin new handset to its lineup, offering Chinese consumers a direct competitor to…
China shift to higher-end exports boosts margins, mutual gains as US reliance dips: report
Flagship Chinese companies, spanning sectors from tech to retail, are increasingly shunning the United States and expanding in…
Turkey Said to Weigh Scrapping Inflation Accounting Practice
Turkey is reconsidering whether to end an accounting rule that requires companies to adjust their books for high…
Congress Is Destroying Peru’s Economic Pillars, Watchdog Warns
Peru’s fiscal watchdog is issuing its most stern warning yet that the country’s solid economic pillars are at…
Startups in Middle East Raised $1.2 Billion in Fundraising Record
Startups in the Middle East raised a record $1.2 billion last quarter, defying a collapse in broader emerging…
Trump’s China Trade Remarks Spark Soybean Demand Optimism
Soybean futures rose as US President Donald Trump said high threatened tariffs with China were not viable, sparking…