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When China and Saudi Arabia meet, nothing matters more than oil |  CNN Business

When China and Saudi Arabia meet, nothing matters more than oil | CNN Business

hong kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he is expected to sign billions of dollars in deals with the world’s biggest oil exporter and meet with leaders from across the world. Middle East. The visit is a …

When China and Saudi Arabia meet, nothing matters more than oil | CNN Business Read More »

"Not the way you treat your friends."  Biden's climate plan strains trade ties with Europe |  CNN Business

“Not the way you treat your friends.” Biden’s climate plan strains trade ties with Europe | CNN Business

London CNN Business — The world’s largest economic relationship has fallen on hard times. The European Union and the United States – together responsible for a third of global trade – have clashed in recent weeks over US President Joe Biden’s landmark $370 billion climate plan. The Inflation Reduction Act (IRA), which was passed by …

“Not the way you treat your friends.” Biden’s climate plan strains trade ties with Europe | CNN Business Read More »

The chip war between the United States and China spills over into Europe |  CNN Business

The chip war between the United States and China spills over into Europe | CNN Business

hong kong CNN Business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West about China’s potential control over critical infrastructure. Last week the new owner of Britain’s biggest chipmaker was ordered to reverse its takeover, just days after another chip factory sale …

The chip war between the United States and China spills over into Europe | CNN Business Read More »

Everyone from the veterinarian to the hairdresser is raising prices.  And there's no relief in sight |  CNN Business

Everyone from the veterinarian to the hairdresser is raising prices. And there’s no relief in sight | CNN Business

Minneapolis CNN Business — When Teri Byrd opened her 4 Paws veterinary clinic in Vashon, Washington four years ago, her goal was to grow the business. And she succeeded – at first. But Covid has disrupted his business as it has for many others. After the first pandemic closures, his business was helped by federal …

Everyone from the veterinarian to the hairdresser is raising prices. And there’s no relief in sight | CNN Business Read More »

Home sales in the United States fall for the 9th consecutive month in October |  CNN Business

Home sales in the United States fall for the 9th consecutive month in October | CNN Business

U.S. home sales fell for the ninth straight month in October as soaring mortgage rates and high prices pushed buyers out of the market. Sales of existing homes — which include single-family homes, townhouses, condominiums and co-ops — were down 28.4% in October from a year ago and 5.9% from September , according to a …

Home sales in the United States fall for the 9th consecutive month in October | CNN Business Read More »

Global investors bullish on China again as Beijing shifts to damage control |  CNN Business

Global investors bullish on China again as Beijing shifts to damage control | CNN Business

hong kong CNN Business — Market sentiment on Chinese stocks hit rock bottom just weeks ago after President Xi Jinping secured a historic third term in office and piled his best team with loyalists in a sweep not seen since Mao era. But last week, a series of unexpected moves from Beijing — the easing …

Global investors bullish on China again as Beijing shifts to damage control | CNN Business Read More »

What's Next For Crypto As FTX Collapse Triggers 'Lehman Moment'?  |  CNN Business

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business

London CNN Business — The Staggering Fall of FTX Exchange, One of the Biggest and Most Reputable Players in the Digital Asset Market, Raises Alarm among people who own cryptocurrencies as investors run for cover. There are still many unanswered questions. But two big issues loom: how far will the damage extend? And can the …

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business Read More »

What's Next For Crypto As FTX Collapse Triggers 'Lehman Moment'?  |  CNN Business

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business

London CNN Business — The Staggering Fall of FTX Exchange, One of the Biggest and Most Reputable Players in the Digital Asset Market, Raises Alarm among people who own cryptocurrencies as investors run for cover. There are still many unanswered questions. But two big issues loom: how far will the damage extend? And can the …

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business Read More »