Nov 21, 2024 | Markets
Any form of trade fragmentation would be detrimental to China’s economy, according to European Central Bank Chief Economist Philip Lane. Speaking at a conference on macroeconomic effects of geopolitical uncertainty in Amsterdam on Thursday, Lane highlighted that...
Nov 21, 2024 | Markets
Revenue fell 3%, the deepest decline in more than two years Baidu is investing heavily in AI and autonomous driving Baidu Inc. recorded its biggest revenue drop in more than two years after China’s economic malaise undermined its push into generative AI. Revenue for...
Nov 21, 2024 | Markets
House Oversight Committee Chairman James Comer is set to create a subcommittee to work with President-elect Donald Trump’s government efficiency bid led by Elon Musk and Vivek Ramaswamy, a person familiar with the plans said. The subcommittee focused on the promised...
Nov 20, 2024 | Markets
Dubai’s financial hub is now home to family offices that control more than $1 trillion in assets, driven by the influx of high-net worth individuals over the past few years. “Family businesses contribute significantly to Dubai’s economy,” said Arif Amiri, the chief...
Nov 20, 2024 | Markets
Ex-media mogul testifies in security law trial for first time Trump, Starmer have talked about his case in recent weeks Hong Kong’s former media tycoon Jimmy Lai rebuffed allegations he colluded with foreign governments against China in his first testimony at a...
