Putin heads to Beijing days after Trump in test of China’s balancing act
Economy

Putin heads to Beijing days after Trump in test of China’s balancing act

TOPSHOT – Chinese President Xi Jinping (R) shows the way to Russian President Vladimir Putin after the photo session of the Shanghai Cooperation Organization (SCO) Summit 2025 at the Meijiang Convention and Exhibition Centre in Tianjin on September 1, 2025. Suo Takekuma | Afp | Getty Images Russian President Vladimir Putin is set to arrive […]

Morgan Stanley delivered a solid quarter, despite gathering macroeconomic clouds
Economy

Morgan Stanley delivered a solid quarter, despite gathering macroeconomic clouds

Club holding Morgan Stanley (MS) reported better-than-expected first-quarter results on Wednesday, even as the stock came under pressure due to rising expenses. But the results, including stellar non-interest income, were impressive in a challenging economic environment. Revenue declined 2% year-over-year, to $14.52 billion, but outpaced analysts’ expectations of $13.92 billion, according to estimates compiled by… […]