Bloomberg

Chinese commodities producers centred on the old economy are still bearing the brunt of the nation’s economic slowdown, with steelmakers and crude oil processors in particular continuing to rack up losses. Cumulative losses in the world’s biggest steel industry swelled […]

Australian Prime Minister Anthony Albanese is under pressure to explain his relationship with Qantas Airways Ltd. after allegations he received a raft of free upgrades from the airline and liaised directly about his flights with ex-boss Alan Joyce. In his

The UK plans to step up its naval activity in the Pacific, including more joint fishing patrols, as Prime Minister Keir Starmer seeks to show support for US-led efforts to check China’s expanding maritime reach. Starmer will announce increased Royal

WiseTech Global Ltd.’s billionaire founder and Chief Executive Officer Richard White stepped down after a series of damaging allegations over his relationships with several women. White will take a short period of leave before transitioning into a new role, the

A severe Escherichia coli (E coli) outbreak tied to McDonald’s Quarter Pounders sickened dozens of people in the US, mainly in Colorado and Nebraska, and killed one, the US Centres for Disease Control and Prevention said. Ten people have been

Even before global finance chiefs fly into Washington over the next few days, they’ve been urged in advance by the International Monetary Fund to tighten their belts. Two weeks ahead of a potentially era-defining US election, and with the world’s

Key US lawmakers are pressing the Biden administration to block Huawei Technologies suppliers from buying American chipmaking gear, escalating efforts to prevent the sanctioned Chinese telecoms giant from making progress on semiconductor manufacturing. The top Republican and Democrat on the

Tesla used humans to remotely control some capabilities of its Optimus robot prototypes at a recent event designed to generate investor enthusiasm for forthcoming products, according to people familiar with the matter. Employees stationed elsewhere oversaw many of the interactions

Biden administration officials have discussed capping sales of advanced AI chips from Nvidia and other American companies on a country-specific basis, people familiar with the matter said, a move that would limit some nations’ artificial intelligence capabilities. The new approach

Tito Mboweni, who was the first Black governor of the South African Reserve Bank and was heralded by financial markets and businesses for keeping tight fiscal controls on the nation’s public spending, has died. He was 65. The former governor