Enthusiasm in the crypto world is dissipating almost as quickly as it surged in the aftermath of a court ruling that appears to pave the way for a long-sought US exchange-traded fund that invests directly in Bitcoin.
Bank of Italy Deputy Governor Piero Cipollone is his country’s nominee for European Central Bank instead of his former colleague Daniele Franco.
Country Garden Holdings Co. posted a record first-half loss of almost $7 billion and warned it may default on its debt, underscoring how China’s deepening real estate slump has battered one of its former property giants.
China will approve the first batch of generative artificial intelligence services for public rollout as soon as this week, freeing up homegrown technology champions including Baidu Inc. to openly compete with the likes of OpenAI Inc. and Microsoft Corp.
President Luiz Inacio Lula da Silva’s recipe to raise revenues and balance Brazil’s budget mirrors a strategy leaders around the world have attempted to deploy: New taxes on his country’s wealthiest residents.
Foreign Secretary James Cleverly sought to put the UK’s ties with China on a more even keel after a rocky few years in which the relationship was damaged by the coronavirus pandemic, clashes over Hong Kong, and suspicions about Chinese involvement in critical British industries.
More than 3 million workers would be newly eligible for overtime pay when they work more than 40 hours a week, under a new proposal from the US Department of Labor.
Nigerian producers want the central bank to set a trading band for naira to help stem weakness in the currency and reduce the impact on manufacturing costs.
Hiscox Ltd.’s short-lived stint in the FTSE 100 Index is coming to an end.
Marijuana stocks surged on Wednesday after the US Department of Health and Human Services sent a letter to the Drug Enforcement Agency urging them to loosen rules on cannabis.
