Oil Hits Three-Year High as Gas Crunch Spills Into Crude Market
A shortfall in global energy supplies spilled into crude markets on Tuesday, pushing oil prices to their highest levels in…
Morgan Stanley’s Top Female Executive in Asia to Retire
Morgan Stanley’s MS 2.13% top female executive in Asia, Wei Sun Christianson, will retire from the bank at the end…
Behind Israel’s Swift Rollout of Covid-19 Vaccine Boosters
TEL AVIV—In late July, dozens of Israeli scientists and government health officials were locked in a marathon video call where…
Bank Mergers Are On Track to Hit Highest Level Since the Financial Crisis
Banks are on pace this year to merge at a level not seen since the 2008 financial crisis.It is a…
Big Tech Companies Amass Property Holdings During Pandemic
The biggest U.S. companies are sitting on record piles of cash. They are getting paid next to nothing for holding…
Debt-Ceiling Standoff Distorts Short-Term Treasury Market
The U.S. debt-ceiling standoff is skewing investor preferences for different types of Treasurys.Investors are demanding more yield to hold some…
Sunac Leads Rebound in Chinese Property Stocks
Sunac China Holdings Ltd. 1918 14.81% led a rebound in Chinese property stocks Tuesday, after the real-estate developer played down…
Sanofi Ends a Covid-19 Vaccine Effort
Sanofi SA SNY 0.38% won’t proceed with the development of one of its experimental Covid-19 vaccines, saying it didn’t make…
For Many Families World-Wide, a Dream Home Is Out of Reach
The record-setting rise in home values during the pandemic is triggering fresh debates about housing affordability world-wide, as policy makers…
GOP Senators Block Democratic Bill to Fund Government, Suspend Debt Ceiling
WASHINGTON—Senate Republicans blocked a Democratic bill that would both fund the government and raise the country’s borrowing limit, escalating a…
East Asia’s Economies Face Slowing Growth and Rising Inequality, World Bank Warns
HONG KONG—Most countries in East Asia face major setbacks in recovering from the coronavirus, the World Bank said, adding to…
U.S. has to win in Europe to turn tide in Ryder Cup
SHEBOYGAN, Wis. — Europe had players who weren’t even born the last time it was beaten this badly in the…
Huawei Executive’s Return to China: How the Deal Came Off
At 4:30 p.m. local time on Friday, an Air China Boeing 777W carrying Huawei Technologies Co.’s finance chief took off…
Activision Blizzard Agrees to Pay $18 Million to Settle EEOC Probe
Activision Blizzard Inc. ATVI -0.24% on Monday said it had agreed to pay $18 million as part of a settlement…
Ferrari Hires Former Apple Designer Jony Ive Ahead of Electric Push
Ferrari NV hired Apple Inc.’s former design chief Jony Ive as it readies its debut into full electric vehicles. Mr.…