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Posts published in “Finance”

Evergrande, Property Management Unit Share Trading Halted

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Huawei CFO Meng Wanzhou reaches agreement with US to resolve fraud charges

New York (CNN Business)Huawei CFO Meng Wanzhou and the US Department of Justice on Friday entered an agreement to defer prosecution of US charges against her until late 2022, after which point the charges could be dropped. The deal, which allowed Meng to return to China, could bring to an end a nearly three-year legal…

Climate carnage is inevitable

Let’s be honest about this year’s big climate gathering in Glasgow, Scotland: There will be far more talk than action and few deliverables. Carbon emissions nearly everywhere will remain alarmingly high, with a warming climate raising the price we pay, in lives and dollars, for inaction.The good news on climate change is a consensus is…

UK finance minister outlines spending plans for a ‘new economy post-Covid’

Chancellor of the Exchequer Rishi Sunak holds the Budget box outside 11 Downing Street in central London ahead of the announcement of the Spring Statement in the House of Commons on 03 March, 2021 in London, England.Wiktor Szymanowicz | Barcroft Media | Getty ImagesLONDON — Multi-billion pound spending on health care services and transport were…

Google Sent More Than 50,000 Warnings to Users Targeted by Government-Backed Hackers This Year

Photo: Kenzo Tribouillard / AFP (Getty Images)If the internet is a digital Wild West, it’s time to lock your doors and close your windows. While the amount of cyber attackers and activity alone is alarming, in this episode, the featured villain is a hacker group backed by the Iranian government. In a blog post published…

Iraq claims capture of IS financial chief in operation abroad

Image source, Iraq Security Media CellImage caption, The US had offered a $5m reward for information leading to Sami Jasim al-Jaburi's captureIraq says it has captured the jihadist group Islamic State's financial chief in an operation outside its borders.Sami Jasim al-Jaburi was arrested in a "complex external operation" by the Iraqi National Intelligence Service, Prime…

Dow Jones Futures Fall As Stock Market Sell-Off Worsens; These 5 Tech Giants Tumble

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Stock market news live updates: Stock futures hold onto gains after Fed decision

Stock futures opened slightly higher Wednesday evening as investors mulled the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.Contracts on the S&P 500 gained. Earlier, the blue-chip index rose for the first time in five sessions and shook off…

Asia-Pacific stocks slip; investors watch mainland China markets for reaction to Evergrande crisis

SINGAPORE — Markets in mainland China fell more than 1% on Wednesday's open before bouncing back slightly amid the ongoing Evergrande crisis, as markets reopened for trade after a two-day holiday.With global markets selling off earlier this week, investors kept a close watch on the China markets for any fallout surrounding the embattled developer.Both the…

FDA-approved Covid vaccine for kids ages 5 to 11 ‘very feasible’ by Halloween, says former FDA commissioner

Former Food and Drug Administration Commissioner Dr. Mark McClellan told CNBC that it seems realistic that younger kids will be getting vaccinated for Covid-19 based on the new data released by Pfizer on Monday."Those findings are very promising, especially around the ability of a very small dose, leading to a very strong immune reaction," said…