Goldman Sachs analysts have downgraded Britain’s economic outlook after Prime Minister Liz Truss removed Kwasi Kwarteng as chancellor and reversed a freeze in corporation tax, Bloomberg News reported on Sunday.…
Taiwan’s economy minister has drummed up new business worth T$30 billion ($940 million) in meetings with top executives at four major tech firms in California’s Silicon Valley, the ministry said…
The US Congress should give the Commodity Futures Trading Commission more powers to police cryptocurrency stablecoins to reduce risks to the financial system, Securities and Exchange Commission Chair Gary Gensler…
A newly discovered hacking group has attacked transportation and logistics companies in Ukraine and Poland with a novel kind of ransomware, Microsoft said in a blog post on Friday. The…
Alphabet (GOOGL.O) unit Google could face EU antitrust charges next year over its digital advertising business, putting the company at risk of its fourth fine in the EU of more…
U.S. President Joe Biden on Saturday criticized British Prime Minister Liz Truss’s original economic plan as a mistake and said he was not concerned about the strength of the soaring…
Creating a US central bank digital currency is likely not important to the long-term status of the US dollar, Federal Reserve Governor Christopher Waller said Friday. In a speech during…
Microsoft (MSFT.O) said Britain’s competition regulator had relied on objections from its rival Sony (6758.T) in referring its $69 billion Activision Blizzard deal to an in-depth inquiry, in particular “misplaced”…
Oil prices plummeted on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target. Brent crude futures…
Saudi Arabia rejected as “not based on facts” statements criticising the kingdom after an OPEC+ decision last week to cut its oil production target despite U.S. objections, saying it serves…