Oil prices on track for solid weekly gains as China and U.S. resume trade talks
SINGAPORE (Reuters) – Oil prices slipped on Friday but were on track for their first weekly gain in…
Fed Chair Powell outlines plans to cut 10% of staff in coming years
Federal Reserve Chair Jerome Powell laid out plans to trim the central bank’s workforce by 10% across its…
Shanghai-backed firm helps AI start-up Stepfun raise ‘hundreds of millions of dollars’
Fortera Capital, a private-equity firm under the Shanghai State-owned Capital Investment Co (SSCIC), led Stepfun’s recent series B…