Chinese corporate borrowing growth slumped in the third quarter, according to China Beige Book International, which expects policymakers to shy away from rolling out any major stimulus to boost credit.
Wells Fargo & Co. and JPMorgan Chase & Co. led the biggest Wall Street banks in tapping the US investment-grade market after reporting third-quarter earnings.
Two people were killed by gunfire in downtown Brussels Monday night and prosecutors are investigating a possible terrorist-related motive.
The movie version of Taylor Swift’s stadium tour instantly became one of highest-grossing concert films ever, opening with weekend sales that dwarfed those of pictures by Justin Bieber and the late Michael Jackson.
The Federal Reserve shouldn’t be thinking about additional interest-rate increases with so many US small businesses struggling to cope with its tightening to date, Philadelphia Fed President Patrick Harker said.
The Sam Bankman-Fried trial resumed Monday with more prosecution witnesses, including Nishad Singh, the former director of engineering at FTX.
French drinks giant Pernod Ricard SA is considering introducing more types of Scotch in India to tap the growing thirst for top-tier whiskey in the world’s most populous nation.
Microsoft Corp. has kicked off an exchange offer for Activision Blizzard Inc.’s outstanding debt as part of its acquisition of the game and entertainment software company.
Israel’s defence minister told the US to expect a “long war” against Hamas, as Secretary of State Antony Blinken returned to Israel for further talks amid a global push to prevent the conflict from spreading. President Joe Biden is also considering a visit.
UBS Group AG revamped the leadership of its Latin American wealth-management business outside of Brazil as the bank integrates its former rival Credit Suisse.
