HONG KONG, July 16 (Reuters Breakingviews) - Beijing's ⁠drive to eliminate $10 trln of hidden borrowings ends a fiscal model that powered decades of urbanisation. As land ‌sales ⁠dry up, provinces and ...
Goldman Sachs and ‌Morgan Stanley are both riding high on tech. Deal fees bulged while they combined for $14 ​bln in revenue ...
The financial plumbing ‌firm and buyout shop Advent offered $53 bln to buy the payments processor. It's a welcome lifeline for Venmo's owner, but at a bargain price. There's room to sweeten ⁠the bid ...
The €624 bln chip-equipment giant may ‌boost its production capacity for a key machine by 30% in 2027 and 2028. It should help dispel ​fears that the Dutch group is ​an industry bottleneck. The ...
BYD and rivals sold ​1 mln vehicles abroad ​in June as a 9-month ⁠sales slump at ​home added to oversupply, while ​pricier ...
The ‌iPhone maker’s pursuit of low-end chips from a blacklisted producer spotlights a global shortage. ​For years, the West prioritised investing ​in advanced silicon. Now Chinese giants ⁠like CXMT, ...
From AOL to Disney, the ​industry is littered ​with value-destructive mergers. The streaming ⁠giant betrayed its ​own ...
At 4.3%, economic expansion has fallen below ​Beijing's target range. A ​big factor is the $1.5 trln ⁠drive to tackle hidden ...
NEW YORK, July 13 (Reuters Breakingviews) - About 20% of firms that ⁠fund startups, such as Sequoia and a16z, are in line for windfalls if OpenAI and Anthropic follow SpaceX's $2 trln market ‌debut.
The tech giant ‌misjudged how fast spending is shifting from software to chips and servers sending shares ​down 25%. Boss ...
Oil rose to $86 ​a barrel after the American president threatened a 20% ‌levy on cargoes transiting the Strait. The US once ruled out such fees entirely. Accepting the principle of tolls makes it ...
Profits at the big combined retail and investment banks ​rose up to 45% ​in the second quarter. JPMorgan gleaned $29 ⁠bln ...