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  • Business
    Bloomberg

    China’s Inflation Weaker Than Forecast While Factory Prices Drop

    (Bloomberg) -- Chinese consumer prices rose less than expected in September, while factory-gate charges fell for a 24th straight month, underscoring the need for further policy support to help the economy break out of deflation. Most Read from BloombergThe Master Plan That Shaped Pakistan’s Capital Is No Longer WorkingThe Cablebus Transformed Commutes in Mexico City’s Populous OutskirtsAs Brussels Booms, an Old Boogeyman Returns: BrusselizationChicago Marathon to Honor Kenyan Who Died After His

  • News
    Bloomberg

    Tito Mboweni, South Africa’s First Black Central Bank Chief, Dies at 65

    (Bloomberg) -- Tito Mboweni, who was the first Black governor of the South African Reserve Bank was heralded by financial markets and business for keeping tight fiscal controls on the nation’s public spending, has died. He was 65. Most Read from BloombergThe Master Plan That Shaped Pakistan’s Capital Is No Longer WorkingThe Cablebus Transformed Commutes in Mexico City’s Populous OutskirtsAs Brussels Booms, an Old Boogeyman Returns: BrusselizationChicago Marathon to Honor Kenyan Who Died After Hi

  • News
    The Canadian Press

    Powerful storm knocks out power to 1.4 million homes in Brazil's largest city

    SAO PAULO (AP) — Around 1.4 million households in Sao Paulo, Brazil, were without power on Saturday almost 24 hours after a brief but powerful storm swept through South America's largest metropolis. At least seven people were killed.

  • Business
    The Canadian Press

    Documents show OpenAI's long journey from nonprofit to $157B valued company

    Back in 2016, a scientific research organization incorporated in Delaware and based in Mountain View, California, applied to be recognized as a tax-exempt charitable organization by the Internal Revenue Service.