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worldbusinessstar

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After Hurricane Ian and falling stock prices, Buffett’s Berkshire drops money

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Warren Buffett's Berkshire Hathaway Inc (BRKa.N) reported a $2.69 billion third-quarter loss on Saturday, offsetting improvements in several of the conglomerate's operations with rising...

Change in China’s COVID regulation happens gradually

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Nearly three years into the epidemic, China is keeping to a tight COVID-19 containment plan, potentially upsetting investors expecting a rapid reopening, though authorities...

Due to COVID restrictions and the global slump, China’s imports and...

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China's imports and exports unexpectedly fell in Oct, the first time they did so at the same time since May 2020, as new COVID-19...

Workers at Foxconn’s massive Chinese iPhone manufacturing leave out of fear...

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With 200,000 other employees, Yuan endured days of lock-in at the massive Foxconn site in central China. On Saturday night, Yuan managed to scale...

COVID restrictions: Apple iPhone production at a key Chinese plant could...

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A source with a direct understanding of the situation said on Monday that increasing COVID-19 limitations in China might cause the production of Apple...

Poll says if inflation declines, the Fed must stop raising interest...

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On Nov. 2, the U.S. Federal Reserve will raise interest rates by 75 basis points for the fourth time in a row, according to...

Boeing reports a larger loss due to changes in the defence...

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Boeing Co. (BA.N) unpredictably disclosed a larger deficit in the third quarter as hefty losses at its struggling military division were caused by cost...

Before a change in strategy, Credit Suisse is in the news

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With only a few days left before announcing a significant strategy rewrite, Credit Suisse (CSGN.S) is working quickly to finalise sales of business units...

Chinese economy revival will be a difficult assignment for Xi’s successor...

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To resuscitate an economy decimated by COVID-19, China's next premier, who may well take the office in March, won't have many choices but to...

Dollar declines against the yen, and BOJ action is likely this...

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On Friday, the U.S. dollar plunged against the yen, recording its worst daily loss against the Japanese yen in over two months as investors...