Money Report

Business activity in the euro zone expanded again in April, preliminary data showed on Friday, providing some positive momentum for the second quarter.

Lawrence Wong, current education minister and second finance minister, will helm the finance portfolio from May 15, the prime minister’s office said on Friday.

Rachel Kyte, who served as a special representative of the U.N. secretary-general, says “coal has no place in the race to net-zero” carbon emissions by 2050. 

As of 2022, the Greens’ Annalena Baerbock is guaranteed to be Germany’s most powerful female politician.

Bitcoin and other digital currencies plunged on Friday as U.S. President Joe Biden’s proposed capital gains tax hike led to a wave of selling.

European markets were little changed on Friday as global stocks search for direction to end the week, with investors monitoring a slew of economic data and corporate earnings.

There’s huge economic incentive for China to move away from coal, according to a report by financial analytics company TransitionZero.

Financial technology stock listings were explicitly discouraged on Shanghai’s STAR Market in a recent regulatory watchdog announcement.

Tesla has been a poster child for China’s efforts to demonstrate it’s letting more foreign businesses operate in its market. But with success comes scrutiny.

The electric car is the latest from the popular Hongguang Mini EV line developed by GM’s joint venture with Wuling Motors and state-owned SAIC Motor.

The Singapore-listed shares of Top Glove, the world’s largest medical glove maker, have risen 18.4% so far this month.

Chris Poole hopped around to several groups within the company before departing.

Author David Wallace-Wells questions whether or not the U.S. had the ability to actually meet President Joe Biden’s climate pledge.