Yellen stresses ‘fair’ rules, communication in Beijing meetings
The U.S. and China, the world’s two biggest economies, must compete fairly and communicate closely to avoid misunderstandings, U.S. Treasury Secretary Janet Yellen said in Beijing on Saturday.
UK set to ease stock market listing rules
Finance Minister Jeremy Hunt will set out new measures to heighten the appeal of British markets to firms seeking to float in its stock exchanges, UK’s Treasury said.
Ant Group’s share repurchase plan values firm at nearly $79 billion, down sharply before crackdown
Ant Group on Saturday announced a share repurchase plan as the management seeks to replenish its staff incentive pool and let some investors exit after regulators fined the firm.
Yellen urges China to support existing institutions to fight climate change
“As the world’s two largest emitters of greenhouse gases and the largest investors in renewable energy, we have both a joint responsibility – and ability – to lead the way,” Yellen said.
Fed’s Goolsbee sees ‘golden path’ to lower inflation without a recession
Goolsbee said he’s confident inflation can be tamed without a recession, even with additional rate increases likely.
June inflation data will be closely watched by investors in the week ahead
Wall Street attention will turn to June inflation data to shed light on the path of future Fed policy. And some big bank earnings.
Twitter’s desktop app sees surge in outages as Meta’s Threads takes off
Numerous users of Twitter’s desktop app reported outages on Friday while rival Threads recorded 70 million sign-ups.
What Apple’s big bet on India means for the tech giant’s future
Apple’s plan to move more iPhone manufacturing from China to India sounds like a good idea on paper. In the real world, it’s plagued with serious challenges
Ford ends an era as the last Fiesta rolls off the production line
The vehicle was a mainstay of millions of drivers around the world.
‘We are in uncharted territory’: World records hottest day ever for the third time in just four days
The extraordinary feat comes shortly after the European Union’s climate change service confirmed the planet observed its hottest June on record.
