Uber forecasts quarterly operating profit above estimates on ride-hailing demand
Uber Technologies on Tuesday forecast third-quarter operating profit above Wall Street expectations as it sees growing demand for ride hailing due to strong leisure travel trends
Caterpillar warns of lower sales, margins in third quarter
Caterpillar Inc warned of a fall in third-quarter sales and margins on Tuesday as dealer inventories rose again, stoking worries that demand for its heavy machinery
Flight to climatic safety
Natural disasters can shape global financial investment. This column employs a dataset that spans 2009-2019 to study the effect of extreme natural events on global
Lessons from Asia on aquaculture growth potential amid resource and climate challenges
Aquaculture – the farming of aquatic animals and plants – is considered a resource-use efficient way for providing relatively low-cost protein to humans and key
Realizing Our Promise of Education
Five years ago, in 2018, the World Bank published its first World Development Report (WDR) on Education, Learning to Realize Education’s Promise. At its core was
Geopolitical fragmentation and trade
Recent tensions between the US and China, the Covid-19 pandemic, and the Russia-Ukraine war have put pressure on trade integration efforts. This column estimates that
SEC asked Coinbase to trade only in bitcoin before suing crypto exchange -FT
The U.S. Securities and Exchange Commission had asked Coinbase to stop trading in all cryptocurrencies except bitcoin before suing the cryptocurrency platform in June, the Financial
Tesla to cut prices on some Model 3, Model Y in HK -media
U.S. automaker Tesla is set to cut prices on multiple variants of its Model 3 and Model Y vehicles in Hong Kong from Aug. 4, Hong
Musk draws heat from San Francisco over giant X logo
A giant, glowing X marks the San Francisco spot where Elon Musk says he plans to keep his company, the messaging platform X, formerly known
Manchester United sign $1.1 bln Adidas kit deal for 10 years
Manchester United signed a 900 million pound ($1.1 billion) deal with Adidas on Monday, renewing the English soccer club’s partnership with its official kit supplier for 10
