Business

China LGFV Says It Can Repay Debt Even as Bond Sale Hits Snag

A Chinese municipal borrower said it has enough funds to repay 1.08 billion yuan ($160 million) in offshore notes due next week, after people familiar with the matter said a plan to refinance that debt with a new bond sale had been delayed.

LTFRB to tap agencies in next fare hike petition hearing

MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) will invite key government agencies to its next hearing on pending fare hike petitions, saying it wants to weigh the impact of any increase on…

Zimbabwe: Air Zimbabwe's London Service Faces Fresh Delay

[New Zimbabwe] AIR Zimbabwe's newly revived Harare-London service has run into more turbulence, with the airline confirming a second schedule change in a week.

Zimbabwe: Zimbabwe Declares National Disaster After South Africa Bus Tragedy Claims 11 Lives

[New Zimbabwe] THE Zimbabwean government has declared the recent bus crash in South Africa a national disaster after 11 Zimbabwean citizens lost their lives while returning home from Cape Town. Authorities are now working to identify the…

Fed’s Warsh Floats a Rethink of FOMC Policy Meeting Frequency

Federal Reserve Chairman Kevin Warsh is weighing the possibility of changing the frequency of regular policy meetings for the US central bank, according to people familiar with the matter. Alister Bull reports on Bloomberg Television…

What time will stock market close from today? New timings and rationale explained

The Closing Auction Session aims to concentrate liquidity at the end of the trading day. The idea is to facilitate smoother execution of large orders and generate a closing price that is more accurate in terms of reflecting overall market…

Should wealthier Americans forgo their Social Security benefits as a charitable gesture?

A reader writes: “I will likely be in a position to decline my benefits.”

BlackRock Jostles Rivals Like Apollo in Bid for Mexican Projects

From its perch in one of Mexico City’s priciest office towers, overlooking the capital’s sprawling Chapultepec Park, BlackRock Inc. has its sights set on the country’s buildout.

Alibaba unveils its largest AI model yet, DeepSeek's latest model is ultra-low cost

Morgan Stanley’s Wilson Tips Earnings to Revive Momentum Trade

Momentum-style equity investing is poised to rebound from a sharp retreat as sectors with strong earnings replace chip stocks in leading the market’s gains, Morgan Stanley strategist Michael Wilson said.

Europe’s Key Rivers Are Drying Up; Mixed Messages on US, Iran Talks | The Opening Trade 8/3/2026

President Donald Trump said fresh US-Iran talks would begin Monday, boosting optimism the two sides will reach a deal to reopen the Strait of Hormuz. While Iran Foreign Ministry Spokesman Esmail Baghaei said “We are not currently…

ExxonMobil Guyana Uses AI to Find 4 New Drill Sites

ExxonMobil's CFO told the Q2 earnings call that AI identified four new prospects in the Stabroek block. No locations, no resource estimates, nothing drilled. The post ExxonMobil Guyana Uses AI to Find 4 New Drill Sites appeared first on…