Citigroup Taking Charges on Argentina, Russia and Its Own Restructuring

[ad_1] Citigroup recorded a litany of one-time charges and expenses in the fourth quarter related to its exposures to Argentina’s debt market, Russia’s political instability and the bank’s own restructuring…

Why Does China Remain Terrible at Soccer? Xi Jinping Has One Answer

[ad_1] Updated Jan. 10, 2024 9:45 am ET China has a keen interest in soccer, a population of 1.4 billion people and a powerful leader determined to see his country…

Maruti Suzuki Plans to Invest $4.21 Billion in New India Plant

[ad_1] Maruti Suzuki plans to invest 350 billion rupees ($4.21 billion) to build a new automobile production plant in India’s Gujarat state. The plant, expected to begin operations in fiscal…

Ukraine’s War Effort Is Stuck. This Heroic Battlefield Failure Shows Why.

[ad_1] By James Marson and Oksana Grytsenko Jan. 10, 2024 12:01 am ET Listen to article (2 minutes) The planners of Ukraine’s counteroffensive against the country’s Russian invaders last year…

Uranium Rally Still Has Fuel

[ad_1] Uranium has been a hot commodity, and its rally could have a long half-life.  Spot prices for triuranium octoxide, the form of the commodity that is widely traded, hit…

China Becomes the World’s Biggest Auto Exporter—With Help From Russia

[ad_1] Updated Jan. 9, 2024 7:27 am ET HONG KONG—China’s overseas auto sales surged to a record last year, on track to surpass Japan as the world’s biggest car exporter…

Oil Prices Are Up. Coal Won’t Be So Lucky.

[ad_1] Even China’s voracious appetite for thermal coal hasn’t been able to arrest sliding prices of the dirtiest fossil fuel. Blame an influx of supply from Indonesia and Australia, and…

Zee Entertainment Shares Fall on Reports of Sony Calling off Merger Deal

[ad_1] Shares of Zee Entertainment Enterprises fell sharply Tuesday after news reports that Japan’s Sony Group may call off a merger of its India operations with the former. Zee Entertainment…

China Detains a Top Executive at Evergrande’s Electric-Vehicle Unit

[ad_1] Updated Jan. 8, 2024 5:07 am ET The bad news keeps coming for China Evergrande and its investors.  A top executive of the beleaguered property company’s electric-vehicle business has…

China Says It Has Detained a British Spy  

[ad_1] Updated Jan. 8, 2024 1:17 pm ET SINGAPORE—China has taken into custody an alleged British spy, the country’s national security agency said Monday, as Beijing steps up warnings over…