Friday, 29th, 2024 | 6:08AM Updated

Employees work at a Target store at St. Albert, Alberta
Target to hire 100,000 seasonal workers this holiday season, fewer than last year

Target Corp said on Thursday it plans to hire 100,000 seasonal workers this year, fewer than last year, to prepare for the holiday season at a time when the industry grapples with tight labor supply.

 Hui Ka Yan, chairman of Evergrande Real Estate Group Ltd, the country's second-largest property developer by sales, attends a news conference on annual results in Hong Kong, China
Evergrande bondholders run out of hope for coupon payment on Thursday -source

China Evergrande Group dollar bondholders were still waiting for information about a key interest payment due Thursday, with some holders having given up hope of getting a coupon payment by the deadline, a source familiar with the matter said.

Modules of Genovese basil and other plants are seen in the Iron Ox greenhouse in Gilroy, California, U.S.
Bill Gates' green tech fund bets on Silicon Valley farming robots

As California struggles with another crippling drought, a Silicon Valley startup that believes robots can grow produce more sustainably said Wednesday it raised $50 million in a funding round led by Bill Gates' Breakthrough Energy Ventures.

A woman walks past JPMorgan Chase & Co's international headquarters on Park Avenue in New York
Analysis-JPMorgan's 2021 deal spree aims to fill the few holes left in its global operations

JPMorgan Chase & Co has been on a boutique-business buying spree this year, acquiring or investing in around 30 companies since the start of 2021.

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A worker walks at the Yara ammonia plant in Porsgrunn, Norway
Soaring gas prices ripple through heavy industry, supply chains

Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers.

Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on the coronavirus crisis, on Capitol Hill in Washington, U.S.
Fed signals bond-buying taper coming 'soon,' rate hike next year

The Federal Reserve said on Wednesday it will likely begin reducing its monthly bond purchases as soon as November and signaled interest rate increases may follow more quickly than expected as the U.S. central bank's turn from pandemic crisis policies gains momentum.

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken,
Biden sanctions cryptocurrency exchange over ransomware attacks

The Biden administration on Tuesday unveiled sanctions against a cryptocurrency exchange over its alleged role in enabling illegal payments from ransomware attacks, officials said, part of a broader crackdown on the growing threat.

A vehicle drives past unfinished residential buildings at Evergrande Oasis, a housing complex developed by Evergrande Group, in Luoyang, China
China Evergrande's rising default risks shift focus to possible Beijing rescue

Persistent default fears eclipsed efforts by China Evergrande Group's chairman to lift confidence in the embattled firm on Tuesday, as Beijing showed no signs it would intervene to stem any domino effects across the global economy.

General Motors President Mark Reuss talks about the Chevrolet 2021 Suburban and Tahoe SUVs in Detroit, Michigan, U.S.
GM president: Global chip supplies to stabilize at lower-than-desired levels

General Motors Co's president said on Tuesday the global supply of semiconductor chips will begin to stabilize but at lower levels than the auto industry wants as it tries to rebuild vehicle inventories.

President of Didi Chuxing Jean Liu speaks during a news conference about their Japanese taxi-hailing joint venture in Tokyo, Japan
Exclusive-Didi co-founder Liu told associates she plans to leave - sources

Didi Global Inc co-founder and President Jean Liu has told some close associates that she intends to step down, two sources familiar with the matter said, as the Chinese ride-hailing giant faces intense regulatory scrutiny following its New York listing earlier this year.

The Federal Reserve building is set against a blue sky in Washington, U.S.
Analysis: Why the Fed might welcome a bond market tantrum

A bond market tantrum that drives up yields can be a fearsome prospect for central banks but the U.S. Federal Reserve might just welcome a sell-off that lifts Treasury yields towards levels that better reflect the robust state of the economy.

Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S.,
With the focus on a taper, five questions for the Fed

Investors are fixated this week on the Federal Reserve’s policy meeting as the U.S. central bank approaches the final quarter of the year, when it is expected to begin paring back its unprecedented level of bond purchases as the first step toward normalizing monetary policy.

A Wall Street sign is pictured outside the New York Stock Exchange in New York,
U.S. stocks fall on growth worries and China risk, before FOMC

Wall Street's main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of a week in which the Federal Reserve will decide on potentially tapering its pandemic-era stimulus.

An unfinished residential building is pictured through a construction site gate at Evergrande Oasis, a housing complex developed by Evergrande Group, in Luoyang, China
At unfinished Evergrande apartments in central China, buyers seek answers

A steady stream of anxious apartment buyers flowed into the sales office of the Evergrande Oasis complex outside the city of Luoyang this week, seeking answers after construction was halted by the giant developer's severe cash crunch.

The logo for HBO,Home Box Office, the American premium cable television network, owned by Time Warner, is pictured during the HBO presentation at the Cable portion of the Television Critics Association Summer press tour in Beverly Hills
HBO Max slashes prices in limited offer as streaming wars heat up

AT&T Inc's HBO Max streaming service has halved its subscription fees in a limited-period offer to lure back millions of subscribers it lost after dropping out of Amazon.com Inc's Prime video channels.

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