
A barbecue frenzy is gripping China. Can street food revive the economy?
When China was in the midst of a pandemic-induced economic slump in 2020, then Premier Li Keqiang touted the idea of creating jobs by encouraging street vendors to set up shop across the country. That pitch was quickly shot down by close associates of leader Xi Jinping, who characterized the traditional trade as "unhygienic and uncivilized."
1970-01-01 08:00

Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it
1970-01-01 08:00

Australian consumer mood bleak in May after surprise rate hike, budget
SYDNEY A measure of Australian consumer sentiment fell in May after a surprise hike in interest rates by
1970-01-01 08:00

Delays Won’t Hurt Japan’s First Casino, Osaka Governor Says
Years of delay to plans for Japan’s first casino resort won’t have an adverse effect on the project
1970-01-01 08:00

Britons face biggest tax rise since 1979, think tank says
By Suban Abdulla LONDON Britons face the biggest tax-raising drive since the start of former prime minister Margaret
1970-01-01 08:00

US banking regulators open to mergers, but vow tougher rules
By Pete Schroeder WASHINGTON (Reuters) -Top U.S. banking regulators plan to tell lawmakers the government will be open to future
1970-01-01 08:00

Delta Considers Large Airbus Wide-Body Order for Long-Haul Flights
Delta Air Lines Inc. is in talks with Airbus SE for a significant wide-body aircraft order, according to
1970-01-01 08:00

Shake Shack’s Shares Rise After Activist Investor Takes Stake
Shake Shack Inc. shares rose as much as 8.9% Monday on news that activist investor Engaged Capital has
1970-01-01 08:00

Microsoft’s $69 Billion Activision Deal Wins EU Approval
Microsoft Corp.’s $69 billion takeover of Activision Blizzard Inc. won European Union approval, just weeks after the UK’s
1970-01-01 08:00

EU's Gentiloni sees no risk of EU real estate or debt crisis as rates rise
BRUSSELS Europe is not in danger of a real estate or debt crisis as a result of the
1970-01-01 08:00

European Union upgrades outlook for economy as energy prices retreat
Questions swirl about the strength of China's recovery from Covid lockdowns, and there's talk of recession in the United States. Yet Europe's economic prospects have brightened in recent months, according to the European Commission.
1970-01-01 08:00

Rakuten Dives 9% on Report of $2.2 Billion Share Sale Plan
Rakuten Group Inc. plunged its most in more than three years after Reuters reported the internet company was
1970-01-01 08:00