Business Posts

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Business

BlackRock CEO Larry Fink defends stakeholder capitalism as not 'woke'

Fink, 69, defended BlackRock's stance in engaging with companies on carbon transition rather than divesting altogether.

01/18/2022

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Business

Italy has quietly become one of Big Tech's most prolific antagonists

Italy’s antitrust watchdog slapped Amazon with a hefty $1.28 billion fine in December — but that's only its latest salvo in a string of moves against Big Tech.

01/18/2022

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Business

U.S. policy of engaging with North Korea is turning out to be a mistake, analyst says

"It's turning out now to be a mistake, because as you said the fourth missile test today. And I'm sure there'll be more," says Anthony Ruggiero from the FDD.

01/17/2022

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Business

Fines for breaches of EU privacy law spike sevenfold to $1.2 billion, as Big Tech bears the brunt

EU data protection authorities have handed out a total of $1.2 billion in fines over breaches of the bloc's GDPR law since Jan. 28, 2021.

01/17/2022

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Business

UBS says Chinese homebuyers are getting pickier. Here are the bank's stock plays

As analysts reassess China's beaten-down property stocks, UBS has upgraded one name and raised price targets for others.

01/17/2022

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Business

From 6G to big data, China is looking to boost tech's share of its economy

The ambition highlights China's push to get ahead in new technology as it continues a rivalry with the U.S. in areas from semiconductors to AI.

01/17/2022

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Business

Russia-Ukraine crisis could spark a surge in Europe's gas prices and top last year’s highs

Tensions between Russia and Ukraine have cast a shadow over energy markets, and the uncertainty could mean prolonged high gas prices for Europe, analysts say.

01/17/2022

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Business

Populist politics lost support globally during the pandemic, research finds

Populist parties and politicians lost support all over the world during the pandemic, a survey of more than half a million people has found.

01/17/2022

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Business

Asia-Pacific markets set to trade higher as expectations for faster central bank tightening rise

Australia's ASX 200 eked out a 0.21% gain in early trade. Meanwhile, Nikkei futures pointed to a slightly higher open in Japan at the top of the hour.

01/17/2022

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Business

U.S. stock futures are little changed ahead of more earnings reports

U.S. stock futures were little changed Monday night as traders braced for the latest batch of corporate earnings reports.

01/17/2022