Finance

Clean Energy Ventures raises $305 million to back early-stage climate startups

Clean energy stocks may be underperforming in the public market. But there is still a great appetite for companies focused…

IMF upgrades China’s growth forecast to 5% on ‘strong’ first quarter and policy measures

BEIJING — The International Monetary Fund on Wednesday raised its forecast for China’s growth this year to 5%, from 4.6%…

Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots

BEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots. Only 14% of high-income households…

Stock trade settlement moves to single day as GameStop mania underscores need for faster transactions

Years of work on Wall Street to pick up the pace of trading will be put to the test this…

This new weight loss drug ETF bets big on two of the industry’s leading players

A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs. Roundhill Investments’ GLP-1 &…

Alibaba’s global arm signs David Beckham as international e-commerce brand ambassador

BEIJING — Soccer star David Beckham will promote Alibaba‘s international e-commerce platform, AliExpress, in its biggest global brand ambassador partnership…

Clarity? In this economy?

Jim LaPointe knows that how the economy feels “depends on your perspective.” Four years after Covid-19 lockdowns kicked off a…