Reuters exclusively reported that Qatar’s sovereign wealth fund has agreed to buy a 10% stake in China’s second-largest mutual fund company, underscoring Beijing’s increasing ties with the Middle East amid rising tensions with the West. The post Qatar sovereign fund...
U.S. sanctions Israeli group Tzav 9 for sabotaging Gaza aid, and Nigeria drops tax charges against detained Binance compliance executive. Also, Wells Fargo’s bet on a flashy rent credit card is costing the bank dearly.
Italian luxury-fashion label Roberto Cavalli is shunning quiet luxury and China, two of the industry’s most powerful engines, in its attempt to make a comeback—with a little help from Taylor Swift.