CEO economic outlook tumbles to two-year low
Slower hiring. Weaker spending. And softer growth. That's what America's CEOs are bracing for as the economy heads into 2023 facing a series of obstacles.
Hertz settles lawsuits over hundreds of alleged false arrests
Hertz will pay $168 million to settle 364 claims related to the company falsely reporting rental cars as stolen. These cases sometimes resulted in people being arrested and even imprisoned.
Is this the end for Iran's morality police?
An Iranian official's comment signaling that the country's notorious morality police had been shut down has raised more questions than answers.
China's Xi to visit Saudi Arabia, sources say, amid frayed ties with the US
Chinese President Xi Jinping is set to arrive in Saudi Arabia on Thursday for a two-day state visit amid high tensions between the United States and the two countries, according to a source with knowledge of the trip, an Arab diplomatic source and a senior Arab official.
The West just scrambled the oil market. What happens next is up to Russia
Most Russian crude oil exports to Europe are now banned, marking the boldest effort yet by the West to pile financial pressure on President Vladimir Putin as his brutal war in Ukraine enters its tenth month.
Belgium's biggest ever trial begins over Brussels bombings
Belgium began proceedings on Monday in its largest ever trial to determine whether 10 men played a part in the Islamist suicide bombings in Brussels in 2016 that killed 32 people and injured over 300.
UK recession could turn into a 'lost decade'
The United Kingdom faces a "lost decade" of growth if action isn't taken to address slumping business investment and worker shortages, a leading business lobby group has warned.
Another OPEC? Indonesia hopes for a cartel for battery metals
Indonesia produces more nickel than any other country. As demand soars for batteries to power the energy transition, that presents a huge opportunity, and the archipelago nation of 276 million people intends to take advantage of it.
Analysis: Protesters in China win a rare concession from Xi Jinping's authoritarian government
It may be too early to call it a complete victory, but a collective uproar from people across China against stringent Covid controls has forced a remarkable partial climbdown from one of the world's most authoritarian governments -- and its leader, Xi Jinping.
Investors cheer as Chinese cities relax Covid restrictions
Global traders are increasingly feeling more bullish on China, as they bet the country will gradually unwind Covid restrictions following widespread protests.