Biggest profit decline since 2011, revenue flat

Huawei’s revenue stabilized in 2022 as the company diversified into new areas like cloud computing and automotive technology. But its profit plunged as pressure from U.S. sanctions and China’s pandemic…

Banks Survived Another Week—and the Biggest Ones Look Like Winners

The U.S. banking system looks to have skirted a full-blown crisis in the past two weeks after the worst scare since 2008-09, thanks to regulators’ moves to effectively back deposits…

Credit Suisse Loses One of Its Biggest Backers

(Bloomberg) — Harris Associates stock picker David Herro sold the firm’s entire stake in Credit Suisse Group AG, ending ties with the bank after about two decades of ownership and…

How DEIB Programs Can Help Solve the Biggest Challenges in Employee Management Today

Opinions expressed by Entrepreneur contributors are their own. Following a year marked by the “Great Reset,” 2023 is bound to bring even more employee management challenges, from spiking attrition to…

Robert Kiyosaki warned that the economy is the ‘biggest bubble’ in history and urged investors to dump paper assets — here are 3 real assets he likes instead

2022 was tough for most investors. Stocks, bonds, and even crypto plunged. But the worst could be yet to come according to Rich Dad Poor Dad author Robert Kiyosaki. Don’t…

Homebuilder sentiment in February sees biggest gain in decade

America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family homes in…

China’s biggest chipmaker SMIC posts record 2022 revenue

SMIC’s 14nm chip yield has reached industry production level. Future Publishing | Getty Images China’s biggest chipmaker Semiconductor Manufacturing International Corp. posted record revenue in 2022, despite ongoing U.S. sanctions,…

How business schools can help tackle the biggest problems

Business schools play an important role in the business world, shaping the world view of the next generation of leaders and sharpening the thinking of top executives and policymakers through…

Jim Chanos says this is the biggest investing story no one is talking about

Beneath all the clamor over Russia’s invasion of Ukraine and the efforts to tamp down inflation, investors are largely passing over a huge story in China, famed short-seller Jim Chanos…

No Escape From Biggest Bond Loss in Decades as Fed Keeps Hiking

(Bloomberg) — Investors who might be looking for the world’s biggest bond market to rally back soon from its worst losses in decades appear doomed to disappointment. Most Read from…