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Xi Jinping says China can work with US before Biden meeting

Chinese President Xi Jinping said his nation is willing to work with the US to find ways to cooperate, comments that come before a potential meeting with President Joe Biden at a Group of 20 summit next month. Better communication between the two nations would bolster global peace and development, Xi said in a letter to the National Committee on ...

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US may use nuclear weapons against non-nuclear threats, says Pentagon

Citing burgeoning threats from Russia and China, the Pentagon’s new National Defense Strategy rejects limits on using nuclear weapons long championed by arms control advocates and, in the past, by President Joe Biden. “By the 2030s the United States will, for the first time in its history face two major nuclear powers as strategic competitors and potential adversaries,” the Defense ...

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Credit Suisse posts $4 billion loss ahead of crucial revamp

Credit Suisse Group AG reported its fourth straight loss as its investment bank continued to struggle, wealthy clients fled and the lender booked a charge related to a critical overhaul that’s been in the making for months. The net loss of 4.03 billion Swiss francs ($4.08 billion) in the three months through September included a 3.7 billion-franc impairment of deferred ...

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