Bloomberg Markets
At least 15 people may be missing or unaccounted for after a flash flood in the Grand Canyon, the National Park Service said in a statement on Sunday.
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Bloomberg Markets
Gold steadied after falling more than 3% on Friday as US Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation lifted bets the US central bank will raise interest rates.
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Bloomberg Markets
From a peak valuation of 100 billion dollars to a targeted debut at a fraction of that figure, ultra-fast fashion giant Shein is preparing for a long-awaited public listing. But as regulatory crackdowns close tax loopholes and squeeze profit margins, the digital retailer is being forced to radically remake its business model. Bloomberg’s Minmin Low reports from Hong Kong. (Source: Bloomberg)
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Bloomberg Markets
Peng Jin-lung, a former academic who now runs Taiwan’s powerful financial regulator, is taking aim at a decades-old investment model used by the island’s life insurance firms — one of the biggest pools of insurance capital in the world.
Bloomberg Markets
President Donald Trump’s intensifying economic campaign against Iran is testing the limits of the security grouping Xi Jinping and Vladimir Putin have spent years expanding as a counterweight to US power.