ByteDance’s healthcare unit in China, Xiaohe Health, has acquired a high-end healthcare organization called Amcare Healthcare for $1.5 billion.Story Published at: August 10, 2022 at 03:22PM
TikTok parent ByteDance acquires private hospital chain
European stocks stage late rally after cooler-than-expected U.S. inflation print
European markets made a late surge on Wednesday after a key U.S. inflation print showed price rises slowing faster than expected.Story Published at: August 10, 2022 at 01:48PM
Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit
Story Published at: August 10, 2022 at 01:31PM
Wild swings in mortgage rates last week caused a rare surge in refinancing
Mortgage rates made unusually wide swings last week, and that may have caused some borrowers to try to take advantage and save money on a refinance.Story Published at: August 10, 2022 at 12:00PM
Deliveroo first-half losses widen as food delivery firm plans exit from the Netherlands
Deliveroo reported a pretax loss of £147.3 million in the first six months of the year, up 54% from the same period a year ago.Story Published at: August 10, 2022 at 09:53AM
Pakistan finance minister says the country has avoided a Sri Lanka-like default crisis
Pakistan’s finance minister said the government has taken steps that’ll put the country on the right track but added that the measures will cause pain.Story Published at: August 10, 2022 at 09:11AM
China consumer prices hit a two-year high
China’s consumer price index hit a two-year high in July as pork prices rebounded, according to the National Bureau of Statistics.Story Published at: August 10, 2022 at 07:15AM
‘A tragedy’: Britain’s cost-of-living crisis worsens as rents soar and energy bills top $5,000
Legal and General’s CEO Nigel Wilson described the UK’s cost-of-living crisis as “a tragedy for many, many people” as rent and energy bills skyrocket.Story Published at: August 10, 2022 at 06:50AM
Elon Musk sells 7.92 million Tesla shares worth $6.88 billion
Tesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night.Story Published at: August 10, 2022 at 03:39AM
Ukrainian CEO shares tough lessons on how to run a start-up in wartime
Aleksandr Volodarsky, the founder and CEO of Lemon.io — a start-up from Ukraine — shares the tough decisions he’s had to make in wartime. Story Published at: August 10, 2022 at 01:52AM