Suez Canal traffic ‘regular’ after bulk carrier suffers engine failure in waterway
The Suez Canal Authority said work was underway to tow bulk carrier Glory after it suffered an engine failure Monday morning.
South African utility says police are investigating the alleged poisoning of its CEO
After officially taking office in January 2020, De Ruyter led a clampdown on corruption and organized criminal behavior, including sabotage of infrastructure.
Bank of America just added these biotech stocks to its list of first-quarter picks
The biotech sector is hot on Wall Street right now. Here are some of Bank of America’s favorite stocks going into 2023.
More mainland Chinese firms will take away market share from Taiwan iPhone suppliers: Investment firm
“China is doing quite well in pretty much everything, except semiconductors,” said Kirkland Capital’s CEO.
Renault considers making mass-market EVs in India, sources say
It also points to the shifting perception of the auto market in India, which posted the fastest growth of any major market in 2022.
Evercore’s Mark Mahaney reveals his top tech picks for 2023 — and says one could soar by nearly 200%
Analyst Mark Mahaney named three key attributes he looks for in tech stocks, and reveals his top picks for 2023.
Goldman Sachs reveals the stocks set to benefit from an EV boom, giving one over 100% upside
Goldman Sachs gives one battery stock potential upside of over 100%, as investors reassess the autos sector.
Why a strong U.S. dollar is bad for ‘the rest of the world’
When the U.S. dollar hit record highs in September 2022, many low-income countries that rely on the currency to function got into difficulty and, in some cases, became embroiled in an economic and political crisis.
Asia-Pacific markets rise as China reopens borders with Hong Kong
Asia-Pacific markets traded higher as Hong Kong and mainland China resumed quarantine-free travel over the weekend.
China’s big consumer market isn’t rebounding to pre-pandemic levels just yet
For the year ahead, Bain Partner Derek Deng said China’s consumer spending likely wouldn’t even return to 2021 levels due to macroeconomic developments.
