Category: Business

Investors unnerved by the financial strains of a Chinese real estate firm sent cryptocurrencies reeling on Monday, with bitcoin (BTC-USD) tumbling by more than 7%.

Bitcoin (BTC) investors seem concerned about the increasing speculation that China’s second-largest property developer, Evergrande Group, will default on its $300 billion in debts. These

Royal Dutch Shell has agreed to sell its business in the Permian Basin, the biggest oilfield in the US, to rival ConocoPhillips for $9.5bn in

Apple presented the iPhone 13 only two days ago, but it has already started gaining traction in China, one of the company’s largest markets. Apple

Nick Clegg, Facebook’s vice-president of global affairs, has slammed the Wall Street Journal for reporting that the social media giant was aware of negative impacts

The crisis engulfing Evergrande, China’s second-biggest property company, is the greatest test yet of President Xi Jinping’s effort to reform the debt-ridden behemoths of the

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally saw modest losses last week, but

The land mines for the market are growing. Seasonal weakness is combining with uncertainty over the Covid-19 delta variant’s impact on consumer behavior, rising labor

PepsiCo, Inc. (PEP), a food and drink company, on Wednesday, announced the launch of its new arm, PepsiCo Positive (pep+) to boost sustainability and reduce

Sometimes a company can stumble in the quarters after it comes public only to right the ship in the years ahead. Facebook fell 54% after