The chairman of one of Credit Suisse’s newest and biggest shareholders called on the beleaguered bank to deliver a swift overhaul and return to a “very stable, conservative Swiss banking posture.” Saudi National Bank, the kingdom’s largest lender and majority-owned by the Saudi government, announced Wednesday that it was investing …

China’s factory activity declined in October, official data showed Monday. Pictured here on Oct. 27, 2022, in Jiangsu province is an aluminum products company. Vcg | Visual China Group | Getty Images BEIJING — China’s factory activity fell in October due to frequent Covid outbreaks, the National Bureau of Statistics …

TikTok owner ByteDance has launched a women’s fashion website called If Yooou. Pinduoduo launched an e-commerce site in the U.S. called Temu. The two companies are the latest Chinese tech giants to look to crack the international e-commerce market domianted by Amazon. Mike Kemp | In Pictures | Getty Images …

Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Dado Ruvic | Reuters Bitcoin’s lack of volatility lately isn’t a bad thing and could actually point to signs of a “bottoming out” in prices, analysts and investors told CNBC. Digital currencies have fallen sharply since …

When the Covid pandemic was raging in 2020, much of the world was in lockdown and more turned to online shopping. But Chrisanti Indiana did the unexpected: she expanded her e-commerce business — offline. Her beauty and personal care e-commerce startup, Sociolla, had just two brick-and-mortar stores in Indonesia in …

A few years ago, I watched a friend have a panic attack over the prospect of turning 30. Last month, I spent a long weekend at the beach for another friend’s 30th wherein the “over the hill” jokes flew thick and fast. I’ve seen people hyperventilate upon graduating college at …

Fg Trade | E+ | Getty Images A key federal program providing benefits to elderly, blind and disabled people — Supplemental Security Income — is turning 50 years old. The program, which currently serves nearly 8 million beneficiaries, was created by legislation signed by President Richard Nixon on Oct. 30, …

Arash Lahijani was a high school senior when he learned he could make money writing backstories for video game characters. A friend of his had paid a Fiverr freelancer $70 to do it for a Grand Theft Auto character, he recalls — so he started researching, and realized there was …

An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on May 11, 2022. Anadolu Agency | Anadolu Agency | Getty Images A perfect storm is taking place in the diesel market, with dwindling diesel reserves, a drought on the Mississippi River pushing more …

Elizabeth Holmes was infamously suspected of lowering her voice to be taken more seriously in a male-dominated Silicon Valley. Turns out, that was completely unnecessary, a recent study suggests. The study, conducted by Kansas University School of Business lecturer Midam Kim, asked participants to compare short speech samples of 12 …