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Some top CEOs appear to be worried that the economy could be the Grinch that steals Christmas this year. And investors are not pleased.
Trump failed to disclose the loan, which was paid off months after he took office, Forbes reported.
The season of baby fairs is here once again in South Korea. Busy, noisy affairs held in cavernous conference halls where hundreds of vendors try to sell expectant parents everything they could possibly desire for their new bundle of joy -- and plenty of other things they never knew they needed.
BEIJING (AP) — Chinese leader Xi Jinping is attending a pair of regional summits in Saudi Arabia this week amid efforts to kick-start economic growth weighed down by strict anti-COVID-19 measures. The Foreign Ministry said Wednesday that Xi will attend the inaugural China-Arab States Summit and a meeting with leaders of the six nations that make up the Gulf Cooperation Council in the Saudi capital of Riyadh. His state visit to Saudi Arabia will end on Saturday. China is the world’s second-largest economy and a major source of outward investment. To fuel massive demand, it imports half its oil, of which half of those imports come from Saudi Arabia, amounting to tens of billions of dollars annually. China’s economic growth had been on a steady decline for years and was dealt a major blow by rolling lockdowns imposed across the country as a response to the COVID-19 pandemic.
Days after the EU's $60/barrel price cap kicked in, oil prices slump to pre-Ukraine war levels over economic uncertainty
US West Texas Intermediate oil futures tanked 3.5% to their lowest settlement price this year at $74.25 a barrel, while international Brent crude futures settled 4% lower at $79.35 a barrel.
Oil prices have tumbled to their lowest level of the year as worries about the health of the economy overshadow concerns about new restrictions imposed on Russian energy.
The world's leading producer of advanced computer chips, Taiwan Semiconductor Manufacturing Company, announced an expanded $40 billion investment in its US production hub in Phoenix.
MDB earnings call for the period ending September 30, 2022.
S earnings call for the period ending September 30, 2022.
China's zero-Covid policy, which stalled the world's second-largest economy and sparked a wave of unprecedented protests, appears to be unraveling as city after city relaxes some of the draconian measures that ultimately failed to bring the virus to heel.
Taiwan Semiconductor Manufacturing Company is upping its investment in the United States, announcing Tuesday that it's building a second semiconductor factory in Arizona and raising its investment there from $12 billion to $40 billion.
SINGAPORE, Dec 7 (Reuters) - Oil futures edged slightly higher on Wednesday on hopes for improved Chinese demand while uncertainty about how a Western cap on Russian oil prices would play out kept markets on edge after a sharp fall the previous session.