Business News
- H&M quietly moving brand toward private ownership
- China says willing to improve communication with countries on rare earth controls
- China okays rare earth licences to suppliers of top three US auto companies
- UBS faces tough new Swiss banking sector rules
- Germany could face two more years of recession if US trade war escalates, warns Bundesbank
- China's rare earth weapon changes contours of trade war battlefield
- De Beers draws interest from ex-CEOs as Anglo American Plc starts sale
- Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
- Suzuki Motor halted Swift car production due to China's rare earth curb, Nikkei says
- How China’s Labubu became Pop Mart’s $1.8 billion plush powerhouse
- Tesla's China-made EV sales fall 15% yoy in May
- China weighs ordering hundreds of Airbus jets in major deal
- Thames Water on the brink after KKR drops out of rescue deal
- Toyota to take private key unit in $26 billion deal
- Bristol Myers agrees up to $11.1 billion deal with BioNTech to shake up cancer immunotherapy
- US manufacturing remains subdued in May; delivery times lengthening
- US life insurers shifted $800 billion offshore from 2019 to 2024, Moody's says
- PwC troubles in China deepen with exit of Hong Kong partners
- US says trade row with China could ease after Trump-Xi talks
- US debt is 'sound', no concerns about US dollar's reserve role, Taiwan's central bank says