Investors have raced back into Chinese tech stocks this year, encouraged by an apparent truce in a two-year battle between some of the country’s most powerful regulators and its biggest internet companies. But the enthusiasm may prove to be premature; Beijing is tightening its grip…

LVMH posted record results Thursday, and expressed confidence that China’s luxury market would bounce back this year as the country continues to reopen. The world’s biggest luxury group logged revenue of €79.2 billion ($86.2 billion) and profit of €21.1 billion ($22.9 billion) for 2022, both…

Over the holidays, while most media executives were perhaps looking to get a reprieve from work, Jonah Peretti was online, fully immersed in experimenting with artificial intelligence. The BuzzFeed co-founder and chief executive, who has always raced to test out the latest technologies, was familiar…

The Pakistani rupee fell 9.6% against the dollar on Thursday, central bank data showed — the biggest one-day drop in over two decades — in a slump that may persuade the International Monetary Fund to resume lending to the country. The drop comes a day…

Southwest Airlines said it is testing software fixes that the company developed after its Christmas travel meltdown, as the airline faces multiple federal investigations. The software fixes are an “upgrade,” rather than a replacement of the crew scheduling system, Southwest executives said on a conference…

“There might be someone getting shot tomorrow.” That was the warning from Twitter staff at an internal meeting on Jan. 5, 2021, the eve of the deadly attack on the US Capitol. It wasn’t the only stark warning Twitter management received ahead of the insurrection,…