Morning News: August 16, 2023

U.K. Inflation Eases to 6.8% as Energy Prices Fall

Argentina Vote Shock Leaves Investors Dreading the Next Default

Lebanon Freezes Accounts of Former Central Bank Governor

China Asks Some Funds to Avoid Selling Stocks as Markets Sink

Zhongrong Trust’s Missed Payments Trigger Fears Among Chinese Investors

China Scuttles a $5.4 Billion Microchip Deal Led by U.S. Giant Intel

The U.S. Is Turning Away From Its Biggest Scientific Partner at a Precarious Time

Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine

Race to Control Electric-Vehicle Supply Chains Leads to Africa

A BRICS Currency Replacing the Dollar is a ‘Ridiculous’ Idea, Says the Top Economist Who Named the Group—Unless China and India Become Allies

I.R.S. Says Cash Influx Has Made Agency Bigger and More Digital

Coinbase Gets NFA Approval to Offer Crypto Futures

Goldman CEO’s Most Loyal Deputy Is Tested by Mutinous Partners

Brookfield Chases Rivals for Private Equity’s New Money-Spinner

Billionaire Charlie Ergen Conjures M&A Magic to Save His Empire

Dubai Leapfrogs Lisbon as Best Destination for Globetrotting Executives

A Vietnamese Electric Carmaker is Now Worth More Than Volkswagen and Ford

High-Potency Pot Market Worth Billions Draws Regulator Scrutiny

Estée Lauder’s Big Bet on China Is Looking Not So Pretty

Target Sales Are Punished by Pride Month Backlash

Forget the Office Gym. Welcome to the Gym Office

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Posted by on August 16th, 2023 at 7:04 am


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