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2 mins read
To get paid by Russian customers, some Chinese banks are taking documents across borders to get them stamped, reported Reuters
Smaller local Chinese banks are overlooking US sanctions to process payments with Russia because th…
Huileng Tan
1 min read
The US is about to introduce a new rule to clamp down on AI chip equipment exports to China, Reuters reports
The Biden Administration is preparing to announce a new rule that will give the US powers to block …
Beatrice Nolan
2 mins read
Job creation remains India’s top economic challenge, per experts polled by Reuters. How can the government resolve this?
India may be the world’s fastest-growing major economy, but dealing with its chronic unemployment w…
5 mins read
I'm the CEO of Scholastic. My days are busy, but I always make time for my wife, my health, and Arsenal.
Peter Warwick, the CEO of Scholastic, starts his days before 6 a.m. and tries to leave work by 6 p.…
Robin Madell
1 min read
Russia is reportedly making it more painful for businesses to leave by forcing big discounts and raising exit taxes
New rules in Russia reportedly have firms selling their operations in the nation at a 60% discount,…
Jennifer Sor
2 mins read
Russian businesses are locked out of billions as payment issues reportedly pile up abroad
Russia's foreign financial assets grew $45 billion this year, a sign payment delays are piling up a…
Jennifer Sor
2 mins read
Russia's business elites signal they are tired of propping up the wartime economy
Russia's key interest rate already stands at 16% and analysts polled by Reuters expect the central …
Huileng Tan
1 min read
Trump authorized the CIA to smear the Chinese government with fake social-media accounts: Reuters
"We wanted them chasing ghosts," said a former official, who told Reuters the campaign was meant to…
Kwan Wei Kevin Tan
1 min read
Thomson Reuters is exploring an AI deal as more tech giants court news publishers
Media and information firm Thomson Reuters is the latest news publisher to consider striking a deal…
Dan Whateley
3 mins read
De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …
Huileng Tan
1 min read
Apple's shareholders will let it keep its AI business under wraps
The country's largest federation of labor unions, AFL-CIO, urged Apple and others for transparent A…
Grace Eliza Goodwin
2 mins read
Global powers are helping Ukraine by giving it money frozen from Russia. That spells bad news for companies still doing business there.
Companies that stayed in Russia after its 2022 invasion of Ukraine may have their assets seized if …
Filip De Mott
4 mins read
China is teaching the likes of Apple and Tesla a very painful business lesson
There's a new reality for American companies trying to do business in China, and it's only going to…
Hasan Chowdhury,Lina Batarags
1 min read
Tesla's only European factory is getting back to business after an arson attack shut it down
The gigafactory is gradually resuming production after workers reconnected it to the electricity gr…
Geoff Weiss
1 min read
Goldman's CEO is under fire from an influential investor advisor after a string of personnel and business missteps
David Solomon is facing scrutiny over personnel and business issues ahead of Goldman's annual meeti…
Meghan Morris
2 mins read
The FCC just closed major loopholes used by businesses and scammers to send an avalanche of unwanted calls and texts
The new ruling closes a major lead generation-based loophole that's plagued consumers for years.
Madison Hall
1 min read
Staples is trying to buy Office Depot for a third time, this time offering $2.1 billion in cash for the competitor
Previous attempts by Staples to buy its office supply competitor in recent decades have been shot d…
Reuters,Graham Rapier
2 mins read
Vladimir Putin says that inflation in Russia is making it 'practically impossible' for businesses to plan
Inflation in Russia rose to 5.15% in August, well-above the central bank's 4% inflation target.
Jennifer Sor
1 min read
Mark Zuckerberg says WhatsApp is the 'next chapter' for Meta and could become a bedrock for business messaging
Meta's CEO told The New York Times he thought the "private social platform of the future" would loo…
Jyoti Mann
2 mins read
California judge rules Uber can keep sending anti-Prop. 22 messages to drivers via its app
The drivers had said Uber's urging them to vote in favor of Prop. 22 broke the law. A judge didn't …