Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’
Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, “false, baseless and defamatory.”…
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…
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…
