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China 'confident and capable' of hitting 2023 growth targets, new premier says at gathering of business leaders

3 years 5 months ago
China's newly minted Premier Li Qiang painted a bullish picture of his country's economic recovery at a key business forum this week, as Beijing seeks to win the hearts of global investors and economic leaders after emerging from its long pandemic isolation. "The dynamism and momentum of China's economic growth is strong," Li said Thursday in a keynote speech at the Boao Forum for Asia, a four-day gathering of international business leaders and politicians on the Chinese island of Hainan.

'Companies are holding out': Global IPO market slump endures

3 years 5 months ago
A slowdown in global initial public offerings continued in the first quarter of 2023 and is likely to endure in the coming months, as companies wait out the effects of volatile stock markets, higher interest rates and inflation, and uncertainty around the banking crisis.

'Hotel Rwanda' hero Paul Rusesabagina arrives back in US

3 years 5 months ago
Paul Rusesabagina, who inspired the Hollywood film "Hotel Rwanda" and was freed from prison in Kigali last week, returned to the United States on Wednesday, arriving at the US Army's Brooke Army Medical Center at Joint Base San Antonio, according to a State Department official.

Netanyahu has few options left. Here's what he may do next

3 years 6 months ago
When Israeli Prime Minister Benjamin Netanyahu announced his decision to delay a controversial plan to weaken the country's judiciary on Monday, he invoked the biblical story of the Judgement of Solomon, where the king had to rule between two women, both claiming to be the mother of a child. Solomon ordered that the child be cut in two, and the woman who protested the ruling was determined to be the real mother.

What Pope Francis' AI puffer coat says about the future of fashion

3 years 6 months ago
Over the weekend, a peculiar image of Pope Francis set the internet alight. Widely circulated on social media, the picture shows the 86-year-old pontiff dressed in a chunky longline white puffer coat, cinched at the waist and seemingly layered with other winter weather streetwear.
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