Tencent takes quiet path through China’s tech turbulence

In a torrid year for Chinese Big Tech, it has been more or less business as usual for the country’s most valuable tech company, and its founder, now China’s second-richest…

Chinese port company warns Australian review raises sovereign risk

A Chinese company that owns a 99-year lease on Darwin port has warned that its treatment at the hands of the Australian government risks scaring away investors from other countries. Landbridge, a…

White House announces ‘potential agreement’ on infrastructure talks

The White House said a “potential agreement” with bipartisan negotiators in Congress was within reach on an infrastructure investment package that is expected to top $1tn, in a breakthrough that…

Coking coal defies China bid to keep control of commodity costs

The price of a key raw material for China’s vast steel making industry has soared even as Beijing tries to rein in runaway commodity prices. High quality coking coal delivered…

Resignation of Brazil environment minister cheered by activists

Ricardo Salles, Brazil’s environment minister, on Wednesday resigned from the post in a surprise decision that was celebrated by activists. Nicknamed Brazil’s “anti-environment minister” by opponents, Salles presided over a…

John McAfee found dead in prison after Spanish extradition ruling

John McAfee, the cyber security and software entrepreneur, was found dead in a Spanish prison cell on Wednesday, the same day the country’s high court ruled he should be extradited…

Guggenheim censured for prohibiting employees from contacting regulators

Guggenheim Securities has been censured by the US Securities and Exchange Commission for prohibiting employees from contacting regulators without approval. The SEC said on Wednesday that the investment bank’s policy…

US Supreme Court deals blow to Fannie and Freddie shareholders

Hedge funds that have spent more than five years suing the US government to try to wring some value from their investments in the nationalised mortgage giants Fannie Mae and…

Berlin under fire over attempt to interfere with Wirecard inquiry

Germany’s finance ministry has come under fire over an attempt to secretly interfere with the questioning of a key witness during a parliamentary inquiry into Wirecard, a potential breach of…

GSK chief shrugs off concerns over leadership as she outlines plans

GSK chief executive Emma Walmsley has pushed back against concerns over her leadership, saying she is a “change agent” committed to transforming the UK drugmaker after the spin-off of its consumer…