US Lawmakers Query Nike, Adidas Over Forced Labor in China
U.S. House lawmakers are requesting information from Nike Inc., Adidas AG and at least two other companies on whether they are importing products derived from forced labor in China.
U.S. House lawmakers are requesting information from Nike Inc., Adidas AG and at least two other companies on whether they are importing products derived from forced labor in China.
BNP Paribas SA relied on its traditional strength in fixed-income and higher interest rates to lift revenue in a challenging first quarter for banks.
Malaysia unexpectedly raised its benchmark interest rate by a quarter point on Wednesday, as it seeks to preemptively ward off inflationary pressures amid strong domestic demand and looming subsidy cuts.
Zambian police surrounded the house of ex-President Edgar Lungu and demanded access to search it, a spokesman for the former ruling Patriotic Front party said.
Scientists warned about the potential climate impact of shale gas production in Australia’s Northern Territory as the region — which had previously banned fracking — confirmed it will allow developers to seek approvals for projects.
The US regional banking crisis is far from over and the Federal Reserve should pause its rate hike campaign, according to former Federal Reserve Bank of Dallas President Robert Kaplan.
Stellantis NV’s first-quarter sales climbed more than expected thanks to strong vehicle prices and higher shipments of models like the Jeep Compass.
Bridgetown Holdings Ltd., the US-listed blank-check company backed by billionaires Peter Thiel and Richard Li, is nearing a merger with financial technology firm Hyphen Group, according to people familiar with the matter.
Paetongtarn Shinawatra, a frontrunner for the prime minister’s job in Thailand’s general election this month, will rejoin the campaign trail just days after giving birth to her second child to help her Pheu Thai Party’s bid to end a near-decade military-backed rule.
The International Monetary Fund expects Saudi Arabia won’t balance its budget if oil is below $80 a barrel, a revision that means the kingdom will move back into fiscal deficit after its first surplus in almost a decade.