Business and Economy

Theranos founder Elizabeth Holmes faces 20 years in prison after being charged with lying to investors and patients.

Fed signals it may start to dial back bond purchases if economic recovery progress continues as expected.

The UAE is trying to burnish its credentials as a hub for business in the face of growing competition from Saudi Arabia.

The 35-year veteran of Swiss Bank says he was subjected to a ‘punishing workload’ and ‘toxic’ environment.

Hero Electric’s Naveen Munjal says if left to market forces, the transition to electric transport will be ‘much slower’.

More than 80,000 people bought wealth management products from Evergrande and fear they won’t see their money again.

Indebted developer, however, has not said whether it will meet two other interest payments, including one on Thursday.

Saudi’s Public Investment Fund has been investing more in businesses that benefit from a transition from fossil fuels.

The United Kingdom’s government held an emergency meeting with small power suppliers on Tuesday.

Investors are worried an Evergrande debt default could send shock waves through the Chinese and global economies.

Lebanon’s annual inflation rate is the highest in the world, according to Bloomberg data.

New report shows how COVID-19 has had a disproportionate socioeconomic impact on Africa’s most populous country.

The UN’s chief painted a grim picture of a divided and polarised world and urged solidarity among nations.

Cash-strapped Evergrande missed payments to 2 of its largest bank creditors, sources tell Bloomberg.