As Tensions Rise China Profits Drop for Us Companies
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Israel-Gaza war live: ceasefire deal ‘right on brink’, says US, as hopes rise for agreement
US secretary of state, in last major foreign policy speech, says countries in Middle East must achieve their aspirations in a climate of peace and security. Gaza ceasefire negotiations ‘right on ...The Guardian - 1h -
China discussing using Musk as broker in TikTok deal
Officials consider involving billionaire confidant of Donald Trump in effort to save video app from US banFinancial Times - 11h -
US imposes export controls on chips for AI to counter China
American semiconductor industry warns move will aid competitors while EU has also protested against the new rulesFinancial Times - 1d -
How the Rising Number of Bogus, Ghost Job Listings Threatens Company Reputations
Ads for jobs that don’t exist—or are never filled—keep proliferating, frustrating hiring platforms and job seekers.Inc. - 1d -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - 1d -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - 1d -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 1d -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - 1d -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - 2d -
Logistics groups move Chinese staff to help companies tackle Sino-US trade tensions
DHL, Ceva Logistics and Kuehne+Nagel are redeploying Mandarin speakers to help China’s manufacturers set up overseasFinancial Times - 2d -
US streamlines deportation flights to China
The Biden administration repatriated more than 500 Chinese nationals in the last year, laying the groundwork for systematic deportations across the Pacific Ocean. On Friday, the Department of ...The Hill - 4d -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - 4d -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - 5d -
Taiwan demonstrates sea defenses against potential Chinese attack as tensions rise with Beijing
Taiwan has demonstrated its sea defenses against a potential Chinese attack as tensions rise with Beijing, part of a multitiered strategy to deter an invasion from the mainlandABC News - 5d -
Suspect used legal weapon in deadly shooting at German company
Yahoo News - 6d -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - 6d -
Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - 6d -
House of Huawei — inside China’s ‘most powerful company’
Eva Dou’s authoritative account of the secretive tech company that has become a flashpoint in US-China relationsFinancial Times - 6d -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
Will US markets keep rising under Trump?
Economic uncertainty and frothy valuations jar with investor optimismFinancial Times - Jan. 7 -
Why China’s industrial giants won’t be damaged by latest US blacklisting
Being placed on the Chinese military blacklist does not carry specific penalties or immediate bansFinancial Times - Jan. 7 -
War or peace? Trump inherits turbulent US-China ties
The United States and China appear destined for a military conflict, with bellicose rhetoric on both sides, an escalating arms race and Beijing widely considered the most serious threat to the U.S. ...The Hill - Jan. 7 -
US adds Tencent and CATL to blacklist of companies working with China’s military
Shares of WeChat owner and EV battery maker fall after defence department discloses designationFinancial Times - Jan. 7 -
Mexico drops migrants in troubled resort as it disperses them far from US border
Two weeks ahead of President-elect Donald Trump’s second inauguration, Mexico continues dissolving attention-grabbing migrant caravans and dispersing migrants throughout the country to keep them ...ABC News - Jan. 7 -
China rips US over sanctions in hacking incidents targeting infrastructure
China slammed the U.S. on Monday for sanctioning a Beijing-based cybersecurity firm allegedly behind a botnet targeting American infrastructure, accusing Washington of “using the issue of ...The Hill - Jan. 6 -
Assad’s fall is an opportunity for a US win over China
Trump may believe that Syria is “not our fight,” but the competition with China is very much ours and will undoubtedly be a focus of his administration.The Hill - Jan. 5 -
China’s box office takings drop by a quarter as viewers turn to streaming
Lack of blockbusters, pandemic aftereffects and hard economic times blamed for 2024 slumpFinancial Times - Jan. 5 -
Only US leadership can stop China’s economic power in Latin America
The only way to stop China’s accelerated advance in Latin America continues to be democracy and the counterweight of greater leadership from Europe and the U.S.The Hill - Jan. 4 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - Jan. 2 -
Tensions Escalate After Pakistan Pounds Afghanistan With Airstrikes
Pakistani leaders were once friends of the Taliban in Afghanistan. Now, cross-border violence has become alarmingly frequent.The New York Times - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1