SINGAPORE — Singapore’s state investment company Temasek said Tuesday the net value of its portfolio reached a record high in the financial year that ended March 31. In its annual report, the investor said its portfolio grew to 381 billion Singapore dollars (around $283 billion) as of end-March. That’s compared with 306 billion Singapore dollars…

PepsiCo reported Tuesday that its quarterly sales were up more than 20% year over year as restaurant demand for its beverages returned, causing a blow to profits. The company also raised its outlook for adjusted earnings per share growth for the full year. “Many of the things that we did during the pandemic and continued…

Art at the Bitcoin 2021 Convention cryptocurrency conference at the Mana Convention Center in Miami on June 4, 2021. Marco Bello | AFP | Getty Images Cryptocurrencies are in a summer low as they go through a two-month correction period after a series of negative stories. Trading volume on the largest exchanges, including Coinbase, Kraken,…

US Treasury yields fell Monday morning, with investors turning their attention to the inflation data release and Federal Reserve Chairman Jerome Powell’s testimony later this week. The benchmark ten-year government bond yield fell 2 basis points to 1.334% at 3:45 a.m. ET. The yield on the 30-year government bond fell 1 basis point to 1.963%.…

Kevin Stratvert produces videos at his home in Seattle. Tara Brown When Microsoft updated its Teams communication app with a more sophisticated way to give PowerPoint presentations in January, the company published a 500-word blog post on the feature. People could read the blog post and try to figure out how to use it, or…

Italian carabinieri guard St. Mark’s Square, the day before the meeting of G20 finance ministers and central bankers in Venice on July 8, 2021. ANDREAS SOLARO | AFP | Getty Images The group of 20 major economies’ financiers said they had agreed on a “more stable and fairer international tax architecture,” according to a communique…

Search and Rescue teams look for possible survivors and to recover remains in the collapsed 12-story Champlain Towers South condo building on July 07, 2021 in Surfside, Florida. Officials say the death toll climbed to 36 today, with 109 still unaccounted for. Joe Raedle | Getty Images Search teams have recovered 15 more bodies from…

Soldiers guard the Dajabon border crossing between the Dominican Republic and Haiti after the borders were closed due to the assassination perpetrated by an armed group against the president of Haiti, Jovenel Moise, in the early hours of Wednesday, July 7, 2021. Erika Santelices | AFP | Getty Images The U.S. State Department confirmed on…

Rep. Seth Moulton, D-Mass., Has long advocated a plan to evacuate the nearly 18,000 Afghan interpreters, allies and their families from Afghanistan before US forces are fully withdrawn. He told CNBC The News with Shepard Smith that President Joe Biden’s speech on Thursday was a step in the right direction. “This was a huge win…

The major U.S. stock indexes fell on Thursday on concern about the global economic comeback from Covid-19. The losses came as Japan declared a state of emergency in Tokyo for the upcoming Olympics and as countries deal with a rebound in cases because of Covid variants. The Dow Jones Industrial Average dropped about 500 points,…