Chinese leader Xi Jinping says ‘milestone’ summit has forged a ‘new bilateral relationship’

Lender announced plan last year to use $3.2tn balance sheet to muscle into alternative lending market

US tech giants including Alphabet and Amazon are tapping foreign debt market at an unprecedented rate

Investors expected to accept $1.75tn valuation, weak shareholder rights and billionaire’s sci-fi business vision

The incoming chair thinks that constant ‘incantations’ do more harm than good

Lower prices for crude to be delivered at a later date do not mean traders are predicting a sharp fall

Consultancy tells senior staff their remuneration will comprise a greater proportion of equity

US president says Beijing will expand agriculture and oil purchases

AI lab has tapped Dragoneer, Greenoaks, Sequoia Capital and Altimeter Capital to lead new round

Second US official flight on island in 10 years comes after communist nation runs out of diesel amid four-month blockade

Summit comes as oil supply shock has triggered worsening energy crisis and threatens Republicans’ midterm prospects