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U.S. consumer prices up 0.6 pct in July

U.S. consumer prices increased more than expected in July, but high unemployment is likely to keep inflation under control, allowing the Federal Reserve to continue pumping money into the economy to

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PBOC chief urges IMF to open cash floodgates to fight pandemic

China's top central banker has urged the International Monetary Fund (IMF) to issue hundreds of billions of dollars of liquidity to its 189 member countries through a general allocation of Special Dr

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U.S. bank shares drop as Fed sets limits following stress tests

Shares of U.S. banks dropped on Friday, with Wells Fargo's stock falling more than 6 percent and Goldman Sachs Group Inc down 7 percent, after the Federal Reserve capped dividend payments and barr

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Venezuela's Guaido says will not recognize 'false' electoral body

Venezuela's opposition leader Juan Guaido on Saturday said the opposition would not recognize a "false" electoral body named by the government-friendly Supreme Court, while his allies pledged to exte

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GP app praised by health sec admits patients' consultations leaked to other users

The Babylon Health app leaked recordings of some of its patients' private video consultations with GPs.

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Chinese clinical experience on COVID-19 treatment well-received overseas: expert

The clinical experiences shared by Chinese medics treating COVID-19 patients have been well-received by peers overseas, a medical expert said Tuesday at a press confere

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Technology trends: Where you can find China's surge of internet users

Selling her cheery via live-streaming in China's Shandong Province. /VCG As of March, China's internet users reached 904 million, an eight-percent increase compared to that of last December, a

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Dow rallies 780 points amid hopes in virus battle

U.S. stocks rallied on Wednesday with the Dow closing up about 780 points amid growing hopes in the fight against the COVID-19 pandemic. The Dow Jones Industrial Average jumped 779.71 points, or 3

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China's national online recruiting provides over 100,000 openings

The online job fair hosted on China Media Group's first 5G new media platform, Yangshipin, has provided over 100,000 openings for job seekers in China since March 2, with over 2,500 companies listed

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Tesla gets OK to produce long-range Model 3 at China factory

Tesla has received government approval to produce the long-range rear-wheel drive version of its Model 3 vehicle at its Chinese factory, according to documents posted Friday on the Ministry of Industr

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Dow rallies more than 1,100 points as healthcare shares lead

A screen displays the Dow Jones Industrial Average after the closing bell on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2020. /Reuters U.S. stocks soared on We

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Dow rallies more than 1,100 points as health care shares lead

U.S. stocks soared on Wednesday with the Dow up more than 1,100 points, as health care sector led the gains. At the close, the Dow Jones Industrial Average increased 1,173.45 points, or 4.53 percent

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Beijing issues rules for movie theaters to resume business

Filmgoers will have to space themselves in seating and register to purchase tickets in the initial stage of business resumption for the film industry, according to a notice released by the Beijing Cen

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Here’s what you need to know about Disney’s CEO reshuffle

Disney sent a shock wave through the media industry yesterday upon stock market closing, announcing the immediate shift of its longtime CEO Bob Iger to an Executive Chairman role. Iger said he will le

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Tandem Bank’s chief product officer has joined Santander InnoVentures

Following the departure of its CTO last month, Tandem Bank, the U.K. challenger bank co-founded by fintech veteran Ricky Knox, has lost another key member of its team, this time seeing chief product o

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CGTN has a look at becoming a YouTuber

03:13 It's the premier video-sharing platform in the world.Estimates are that some one billion hours of YouTube content are viewed each day - posted by the channel's 50 million creator

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Cloudinary passes $60M ARR without VC money

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today we’re continuing our exploration of companies that have reached material sca