Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
1970-01-01 08:00
Nvidia Soars After Flagging AI Demand, Eyes $1 Trillion Value
Nvidia Corp. shares soared 24% after the semiconductor maker’s sales forecast smashed expectations, putting it within touching distance
1970-01-01 08:00
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
1970-01-01 08:00
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
1970-01-01 08:00
Bank Indonesia Holds Rate Steady Even as Risks to Rupiah Mount
Indonesia’s central bank held its benchmark interest rate for a fourth straight meeting, even as a deadlock in
1970-01-01 08:00
Oil Industry’s Longest-Serving Chairman Seeks Another Four Years
Antonio Brufau, the oil industry’s longest serving chairman, is poised to keep going despite an earlier pledge to
1970-01-01 08:00
Cargo Ship Runs Aground in Suez Canal, Disrupting Trade Route
Work is underway to free a bulk carrier that’s run aground in the Suez Canal, causing fresh disruption
1970-01-01 08:00
Singapore Says Aspects of US-China Rift ‘Appear Insurmountable’
The widening rift between the world’s two biggest economies, the US and China, now looks in some regards
1970-01-01 08:00
Sony Gears Up for Eventual Rebound in Smartphone Camera Demand
Sony Group Corp. plans to buy more land near its image sensor factory in Japan’s Kumamoto prefecture to
1970-01-01 08:00
McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to
1970-01-01 08:00
Oil Holds Gains as US Stockpile Draw Counters Debt-Deal Tensions
Oil held a three-day gain after a big draw in US stockpiles and warning from Saudi Arabia aimed
1970-01-01 08:00
AI Frenzy Helps Asia Tech Exporters’ Shares Beat US Growth Woes
Investors are snapping up shares of Asia’s technology hardware exporters, bolstered by interest in artificial intelligence and signs
1970-01-01 08:00