GLOBAL ECONOMY

The U.S. and Taiwan are holding the first formal negotiations toward a trade agreement between the two countries that has drawn the ire of the Chinese government.

The World Economic Forum is set to hold its annual meeting next week in the Swiss Alps resort town of Davos, where business and political elites will gather.

The cash injection from Sam Bankman-Fried’s Alameda Research was supersized even for the red-hot crypto startup world, and it dwarfed his other investments in private companies.

A labor union in the United Kingdom announced Wednesday that 100,000 workers in 124 government departments and other bodies will be striking on February 1.

More than 4 million of new-energy vehicles sold were all-electric vehicles, five times more than that sold in the U.S. last year, cementing China’s place as the world’s top EV market.

The governments of the U.S. and Japan formed a task force to eliminate the use of forced labor and protect human rights in international supply chains.

Like inflation, prices are unlikely to fall to pre-pandemic levels as global economy, and international trade face recessionary pressures and converging crises.

A report by the Rhodium Group estimates that a blockade of Taiwan by China could cause a "catastrophic" disruption of more than $2 trillion in global economic activity.

Oklahoma announced new settlements totaling $226.1 million with three pharmacy chains and a drug manufacturer over the opioid epidemic on Wednesday.

New York's first legal recreational marijuana dispensary, Housing Works Cannabis Co, opened in Lower Manhattan on Thursday, with dozens of others on the way.

After Europe struck back with protectionism of its own, the US is lowering barriers to keep allies happy as it uses the Inflation Act to decouple from China.

The EU believes Exxon and Chevron capitalized on an energy crisis and should be fined. The companies, want the money to invest in energy infrastructure.

As Finland looks to distance itself from Russia and join NATO, it sees energy security as an important step and LNG capacity is crucial to independence.

The EU puts legislation in place to counter the Inflation Reduction Act's subsidies; marks the beginning of a potential trade war with both the US and China.

China's ev market is likely to slow in 2023 as subsidies expire. Without disounts on electric vehicles, fewer consumers will be able to afford them.

Boston area company Viken Detection is providing Customs and Border Protection under-vehicle scanners at dozens of points of entry along the U.S. southern border.

Parcel carrier FedEx Corp. and other regional carriers are having an easier time delivering packages this peak season, with additional capacity and steady parcel volume.

The Federal Trade Commission has ordered Mastercard to cease business practices it claims are designed to bar vendors from routing payments through third parties.

Microsoft challenged the Federal Trade Commission's attempt to block the software giant's acquisition of Activision Blizzard Inc. for $68.7 billion.