China’s yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp re-escalation in the U.S.-China trade war whacked investor confidence and darkened the global economic outlook. The yen, often bought as a safe …
See Original Article

Sixteen years after introducing the pumpkin spice latte, Starbucks is finally bringing a new pumpkin drink to its fall menu: the pumpkin cream cold brew. Starbucks started working on the new cold brew drink earlier this year, landing on a drink made with cold …
See Original Article

A Hong Kong-based equities research firm has softened its criticisms of the business practices of Australian wine giant Treasury Wine Estates, saying the business had “showed a major improvement in operating cash flow”. GMT Research also softened …
See Original Article

Breaching a psychological barrier, gold prices in Mumbai touched a new high of a little over Rs 40,000 per 10 gm, on Monday, industry players said. “This is indeed an unprecedented high, but lower by at least 20 per cent in US Dollar terms. Presently, it is …
See Original Article

In the world of surveillance, no country invests more in its AI-fuelled start-ups and growth-stage businesses than China. And no technology epitomises this investment more than facial recognition—a technology that courts more controversy than almost any …
See Original Article