US Business

The purchase further intertwines the government with billionaire Prince al-Waleed bin Talal, a high-profile investor who was once detained by the state over corruption allegations.

The live-streaming of a shooting rampage at a supermarket in Buffalo, N.Y., demonstrated the strengths and limitations of a global agreement to counter the spread of terrorist content online.

Rising interest rates could one day lead the central bank to pay out more in interest than it earns, creating a political headache.

The commercial failure of Biogen’s drug Aduhelm is putting new focus on the state of research into the causes of Alzheimer’s disease.

Neither country got the concessions it sought, and both damaged their economies. The real beneficiaries? Vietnam and others who stepped into the breach.

Nearly a decade after its central bank targeted 2% inflation, Japan finally reached its goal. But instead of celebration, the occasion prompted concern about the effects of high energy and raw-material costs.

President Biden began a three-day trip to South Korea with a factory visit that underscored the technology ties between the countries.

China’s central bank cut a benchmark interest rate, a shift that economists said would likely help the moribund housing market but bring only limited relief to the struggling economy.

The iPhone maker has told some of its suppliers that it wants to boost production outside China, citing Beijing’s strict anti-Covid policy among other reasons, and is giving India and Vietnam a closer look, people involved in the discussions said.

Many are watching the investments they meant for down payments, tuition or retirement shrink day after day.