Sportswear Maker Li Ning Plunges on $282 Million HK Property Bet
Li Ning Co Ltd. shares tumbled on Monday after investors rebuffed the Chinese sportswear maker’s plan to buy a commercial building in Hong Kong, with some…
Source: biztoc.com
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Bitcoin's 2023 Rally Frays During Brief 7.5% Drop Toward $40,000
Bitcoin delivered another bout of its notorious volatility in a brief but sharp tumble toward $40,000 amid a broader crypto selloff. • None Bitcoin’s 2023…
Source: biztoc.com
China's Real Borrowing Costs Are Surging Near Highest Since 2016
China’s real borrowing costs are expected to stay high in 2024 as deflation pressures linger, posing yet another threat to growth in the world’s…
Source: biztoc.com
Microsoft agrees to union contract terms governing its use of AI
Microsoft Corp. has agreed to union contract language governing its use of artificial intelligence, creating an avenue for workers to challenge how it deploys…
Source: biztoc.com
Oil Steadies After Longest Decline in Five Years on Supply Fears
Oil steadied after concerns that supplies are overtaking demand triggered the longest weekly losing streak in five years. • None Abu Dhabi Is the World’s…
Source: biztoc.com