The eyes of the world will be on the U.K. this weekend as King Charles III is crowned at Westminster Abbey in a quintessentially British display of pomp and pageantry.Story Published at: May 05, 2023 at 06:20AM
King Charles’ scaled-back coronation set to cost the UK up to $125 million
Consumers in China are dining at nicer restaurants — even if it costs $500 a person
“The pandemic … affected consumers, and now they’re more likely to want to treat themselves,” said Tang Yan, a Black Pearl representative.Story Published at: May 05, 2023 at 05:04AM
Hong Kong’s IPO market expected to rebound in 2023, but the biggest one so far flopped in its debut
Hong Kong’s IPO market is set for a rebound after being among the worst-performing markets in 2022 but a recent debut flop of a Chinese company dampened hopes.Story Published at: May 05, 2023 at 02:50AM
How China’s slower post-Covid recovery is playing out for our Club stocks this earnings season
But, we believe it’s only a matter of time until a post-Covid reopening accelerates the world’s second-largest economy.Story Published at: May 04, 2023 at 08:17PM
66% of renters say homeownership is ‘hopeless’—here’s how they’d rather spend their money
Most renters are focused on saving for retirement savings or paying off debt rather than buying a house.Story Published at: May 04, 2023 at 06:04PM
Ferrari profit jumps 24% as demand pushes waiting list into 2025
Ferrari’s EBIT profit margin, a widely-watched figure, increased a full percentage point to 26.9%.Story Published at: May 04, 2023 at 09:01PM
Ed Sheeran didn’t steal from Marvin Gaye’s ‘Let’s Get It On,’ jury rules
Pop star Ed Sheeran didn’t commit copyright infringement with his 2014 hit “Thinking Out Loud,” a jury decided.Story Published at: May 04, 2023 at 06:41PM
Regional bank stocks continue to slide on Thursday with PacWest leading the way down 54%
Thursday’s moves come less than a week after First Republic was seized by regulators and sold at a discount to JPMorgan Chase.Story Published at: May 04, 2023 at 06:16PM
Britain launches probe into ChatGPT-style A.I. as regulators grow concerned by risks
The U.K. Competition and Markets Authority on Thursday launched an investigation into the artificial intelligence industry. Story Published at: May 04, 2023 at 03:21PM
Watch: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.Story Published at: May 04, 2023 at 02:16PM