Business, General China’s yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast November 28, 2024 Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level on record.
Europe at ‘fork in the road’ between AI competition and climate: fund managers As power-hungry infrastructure scales and demand for electricity surges, friction between competition and climate goals becomes harder to ignore.
Biden targets Shein, Temu with new rules to curb alleged ‘abuse’ of U.S. trade loophole Under a new White House rule proposal, Chinese exports subject to U.S. tariffs would no longer be eligible for the…
Divers find five bodies in wreck of Sicily yacht The grim discoveries come two days after the Bayesian sank in a freak storm off Sicily.