PwC China faces six-month business ban, large fine over Evergrande audit, sources say
Regulators will likely order business suspension for a big part of PricewaterhouseCoopers’ auditing unit in mainland China for six months, five sources said.
Treasury yields rise as traders await Powell remarks
The U.S. 10-year Treasury rose on Thursday as investors looked ahead to remarks from Federal Reserve Chair Jerome Powell.
Oil tanker abandoned, adrift and ablaze after Red Sea attack
Greece’s Minister of Shipping and Insular Policy Christos Stylianides condemned the attack as a “flagrant violation of the rules of international law.”
Hong Kong IPOs signal rebound as HKEX remains ‘cautiously optimistic,’ says CEO
Fundraising activity is rebounding on HKEX, reinforced by additional follow-on fundraising and a strong IPO pipeline, according to CEO Bonnie Chan.
CNBC Daily Open: Fed minutes signal September rate cut
The Federal Reserve officials at their July meeting moved closer to an anticipated interest rate cut, indicating that a September reduction was quite probable.
Death toll rises to 17 in blast at Indian pharmaceutical factory
Andhra Pradesh ended rescue efforts at a pharmaceutical plant explosion that killed 17 and injured nearly 40, officials said Thursday.
Why these Japanese companies want to make hydrogen on the moon
Two Japanese companies plan to produce hydrogen on the lunar surface during a mission set to launch by the end of the year.
Corporate loyalty does not pay off, HR expert says, as job hopping gains currency among young people
Just 23% of workers aged 42 and under expressed strong interest in staying with their companies long-term, according to a study by WorkProud.
CNBC Daily Open: Fed minutes signal September rate cut
Wall Street rose as minutes from the Federal Reserve meeting and a revision to payrolls data raised hopes of a rate cut.
Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer
Paramount agreed to merge with Skydance last month, but the company said it would have a 45-day “go shop” period to solicit other offers.
