 | | | | The world's largest asset manager, BlackRock Inc , has said it is dipping its toes back in to Chinese equity markets following their heavy falls this year, and on bets that Beijing will soon start providing stimulus again. | | | | | | Lucid Group Inc said on Tuesday it will start delivering its luxury electric sedans with a Tesla-beating driving range in late October, in a major challenge to the market leader whose sales of premium models have stagnated. | | | | | | Malaysia said on Thursday audit firm KPMG has agreed to pay a 333 million ringgit ($80.11 million) settlement to resolve all claims related to their fiduciary duties on auditing of 1Malaysia Development Berhad (1MDB) accounts from 2010 to 2012. | | | | | | Wall Street stocks ended sharply lower on Tuesday in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns over persistent inflation, and contentious debt ceiling negotiations in Washington. | | | | | | U.S. Treasury Secretary Janet Yellen said on Tuesday she is looking for G20 countries to reach a political agreement on a global minimum tax deal at the G20 summit in October and has not ruled out a rate higher than 15%. | | | | | | Canada's decision on whether to ban Huawei (HWT.UL) 5G gear, as all the other members of the so-called Five Eyes intelligence-sharing network have done, is likely to be made in "coming weeks," Prime Minister Justin Trudeau said on Tuesday. | | | | | | Micron Technology Inc on Tuesday forecast first-quarter revenue below Wall Street expectations, as shortages in chip-making materials appeared to be catching up with the memory chip maker, sending its shares down about 5% in extended trading. | | | | | | Wall Street stocks ended sharply lower on Tuesday in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns over persistent inflation, and contentious debt ceiling negotiations in Washington. | | | | | | The U.S. labor market is in a "jumble" as workers sort out child care and navigate an ongoing pandemic, but the country remains on track for a full recovery, Atlanta Fed president Raphael Bostic said on Tuesday. | | | | | | U.S. Trade Representative Katherine Tai and her European Union counterpart discussed common challenges posed by non-market economies, including China, during a meeting in Washington on Tuesday, Tai's office said in a statement. | | | | | |
