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The U.S. Is Turning Away From Its Biggest Scientific Partner at a Precarious Time
Business

The U.S. Is Turning Away From Its Biggest Scientific Partner at a Precarious Time

By Karen Hao in Hong Kong and Sha Hua in Singapore Updated Aug. 16, 2023 12:00 am ET Listen to article (2 minutes) One of

Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine
Business

Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine

Commodity merchants are pumping billions of cubic meters of natural gas into Ukrainian reservoirs, hoping the war doesn’t disrupt potential profits. Source link

Estée Lauder's Big Bet on China Is Looking Not So Pretty
Business

Estée Lauder's Big Bet on China Is Looking Not So Pretty

Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. Source link

Dubai Automaker to Pump Cash Into China Evergrande's EV Business
Business

Dubai Automaker to Pump Cash Into China Evergrande's EV Business

The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link

Russia Launches Emergency Rate Rise to Stem Economic Turmoil
Business

Russia Launches Emergency Rate Rise to Stem Economic Turmoil

The central bank raised rates by 3.5 percentage points to stem a sharp selloff in the ruble, a response to the mounting financial costs of

China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Business

China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn

Updated Aug. 15, 2023 12:53 am ET Listen to article (1 minute) SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment rate after

China's Worsening Economy Is Hurting Corporate America
Business

China's Worsening Economy Is Hurting Corporate America

Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link

Biden's First Camp David Summit Looks to Align Allies Facing China Threat
Business

Biden's First Camp David Summit Looks to Align Allies Facing China Threat

The leaders of U.S., Japan and South Korea are set to meet and agree on annual military exercises. Source link

A DuPont China Deal Reveals Cracks in U.S. National-Security Screening
Business

A DuPont China Deal Reveals Cracks in U.S. National-Security Screening

Listen to article (2 minutes) WASHINGTON—U.S. officials forged an uneasy compromise to let DuPont sell its sustainable-materials business last year to a Chinese company while