Global goods trade will grow at less than half the pace predicted six months ago, the World Trade Organization said, citing inflation in the US and Europe, a prolonged war in Ukraine and China’s sluggish recovery.
Metro Bank Holdings Plc shares and bonds dropped Thursday as the lender confirmed it is exploring a potential fundraising.
Oyo Hotels is in talks with Apollo Global Management Inc. to refinance a $660 million loan as the once-high-flying startup seeks more time to cut debt following a delay in its initial public offering, according to people with knowledge of the matter.
Chilean President Gabriel Boric embarks on his first trip to China with an ambitious agenda that seeks deals to make the country’s economy more efficient and help it develop beyond its traditional commodities exporter role.
Telefonica SA is weighing the sale of a stake in its technology unit, people with knowledge of the matter said, ahead of a new strategic plan for the Spanish carrier.
Vietnam’s communications ministry accused TikTok Inc. of failing to effectively block content that violates the law after the authority conducted inspections of the platform’s operations in the country, VietnamNet news website reported.
US companies announced the fewest quarterly job cuts in a year amid strong seasonal hiring plans, a tentative sign that the layoff wave that had gripped the job market may be subsiding.
A year of Tesla price cuts and inertia in the auto industry exposes just how far legacy carmakers have fallen behind on electric vehicles.Â
A.P. Moller-Maersk A/S, the maritime shipping giant that has been diversifying into land transportation, is betting that driverless trucks will help make deliveries more reliable.
Eager to scrap its Rust Belt reputation, a new US Midwest coalition is seeking $1 billion in federal funds to help transform the Chicago region into a hub for cutting-edge climate technology.
