The Securities and Exchange Commission is demanding additional disclosures from Chinese firms before signing off on their bids to go public.
China’s top policy makers urged an easing of the aggressive measures taken to reduce carbon emissions as Beijing balances economic health with its climate goals.
Caterpillar Inc. reported second-quarter earnings that topped analysts’ estimates amid surging demand and higher prices for the company’s diggers, bulldozers and trucks, but the company’s finance chief said rising costs will put a dent in margins going into the third quarter.
AbbVie Inc. beat expectations for second-quarter profit and revenue and raised its adjusted profit guidance for the year as sales rebounded from last year’s pandemic disruptions, helped by the purchase of Allergan.
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