The Chinese ride-hailing giant said in a regulatory filing this week that it is cooperating with…
Tag: investing
HSBC’s biggest shareholder reignites debate about breaking up the bank
Ping An (PNGAY), China’s largest insurer, is pushing for HSBC to overhaul its structure, which could…
BP profit more than doubles on ‘exceptional’ oil trading
The UK-based energy giant said Tuesday that its underlying profit soared to $6.2 billion from $2.6…
China silences prominent market analyst as economic slump deepens
Over the weekend, Tencent’s (TCEHY) WeChat froze the public account of Hong Hao, managing director and…
Buffett says Berkshire’s success is more about being ‘sane’ than ‘smart’
Buffett simply said that the Berkshire Hathaway (BRKB) strategy is all about making rational decisions and…
Putin keeps the ruble surging as Russia makes 11th-hour effort to avoid default
Russia’s currency hit a two-year high against the US dollar Friday. The ruble gained ground after…
China may be getting ready to wind down its crackdown on big tech
Hong Kong’s Hang Seng index jumped 4%, while the Shanghai Composite was up 2.4%, after Chinese…
Elon Musk sells $4.8 billion worth of Tesla shares
Musk sold 5.3 million shares of Tesla stock for an average price of $905.30, according to…
Millennials are ahead of their parents in retirement savings
Millennials are way ahead of Baby Boomers when it comes to saving for retirement, according to…
Analysis: Foreign investors are ditching China. Russia’s war is the latest trigger
China witnessed $17.5 billion worth of portfolio outflows last month, an all-time high, according to most…
