Construction workers are seen at a new condominium building project in Huerth, western Germany, on April 5, 2023.Ina Fassbender | Afp | Getty ImagesShares of German property giant Vonovia fell as much as 7% on Friday, shining a light on a deepening real estate crisis...
China is falling short of matching the United States in artificial intelligence (AI) advances because the nation’s efforts are “littered with many essential challenges in theory and technologies”, according to a recent slide presentation made to Chinese Premier Li Qiang.Those difficulties were pointed out to...
McDonald's said on Friday it had halted operations at many of its stores in Japan due to a system disruption and was facing technical outages at some other outlets worldwide, including Australia.Many McDonald's stores in Japan stopped taking in-person and mobile customer orders because of...
China is tightening the screws on new domestic stock offerings, laying out some of the harshest rules, checks and balances and penalties yet for fake accounting, a move that could slow approvals and fees at the nation’s brokerages and investment banks.The government will control the...
The United Nations’ 2050 goal for net zero carbon emissions is in danger because companies see inadequate returns from investments related to the transition, according to a survey of energy and natural resources executives by US consultancy Bain & Company.It will be 2060 or later...
Michelle Jeraline says she's so stressed out by the pressure to sell customers products at TD Bank, it's affected her health. The TD employee says she's usually not acting in the best interest of her clients — she's trying to sell them products that will help...
Chinese domestic consumption stocks are a safer bet than hardware and semiconductor makers should tensions escalate between Beijing and Washington in the run up to the US presidential election, according to Goldman Sachs.China’s biggest on-demand delivery firm Meituan, China Merchants Bank, hotpot restaurant chain operator...
The fine has been imposed on three units of China’s ByteDance, namely Ireland’s TikTok Technology, TikTok Information Technologies UK and TikTok Italy. 03:10Protests at US Congress after House passes bill that could potentially ban TikTok nationwideProtests at US Congress after House passes bill that could potentially...
Calls for a wealth tax on the world's super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new "billionaire tax" on the country's wealthiest if re-elected in November.Outlining his 2025 budget proposals on Monday, Biden took aim at...
Home prices in China fell for the ninth month in February, suggesting weak underlying demand and confidence among consumers despite measures by authorities to loosen buying restrictions and boost lending to struggling developers.Prices of new homes in 70 medium and large cities fell 0.4 per...