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China has a global image problem
This is the web version of Eastworld, Fortune’s newsletter focused on business and technology in Asia. Subscribe here to get future editions in your inbox. A new report by the Pew Research Center finds that China has won global recognition as an economic superpower. The report, based on a survey of public opinion in 14 major democracies, […]
Oil Drops After Warnings on U.S. Economy and Global Crude Demand
(Bloomberg) — Oil dropped in London and New York following warnings over global energy demand and the state of the U.S. economy.Crude fell along with other risky assets after Federal Reserve officials said more fiscal stimulus is critical to sustain the U.S. recovery. In Europe, the head of commodity trader Mercuria Energy Group said global […]
Apollo’s Leon Black explains why he still did business with Jeffrey Epstein
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. On Thursday, Apollo Global Management cofounder Leon Black offered his most comprehensive public statement yet regarding his ties with convicted sex offender Jeffrey Epstein, saying his decision to give […]