As Tensions Rise China Profits Drop for Us Companies
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China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
Tesla’s annual deliveries drop for first time since 2011
US electric vehicle pioneer led by Elon Musk has been hit by slowing demandFinancial Times - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2 -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - Jan. 2 -
Hi-Fi Rush Studio Officially Reborn At PUBG Company
Tango Gameworks is dead; long live Tango Gameworks Inc. That's the new "reborn" name of the Hi-Fi Rush studio, which is now officially a part of PUBG publisher Krafton Inc. Tango began last year ...GameSpot - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Nominate a company for CNBC's 2025 Disruptor 50 list
CNBC is now accepting nominations for the 2025 Disruptor 50 list — our annual look at the most innovative venture-backed companies.CNBC - Jan. 2 -
‘The best abs I’ve ever had – but it hurt!’: the punishing rise of extreme pilates
Intense workouts like Solidcore and SLT are booming, one $43 class at a time. Are they making women stronger or feeding Ozempic-era expectations for thin bodies?. It’s lunchtime on a Wednesday and ...The Guardian - 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 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - 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 -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - Jan. 2 -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - Jan. 1 -
The next gold rush is above us, not below us
The choice before us is clear: we can continue with business as usual and watch other nations take the lead in space, or we can unleash American enterprise to drive the next great economic expansion.The Hill - Jan. 1 -
Psychedelic therapy begins in Colorado, causing tension between conservatives and veterans
Colorado becomes the second state to allow psychedelic therapy this week after two years of rulemakingABC News - Jan. 1 -
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 -
7 rising Democratic leaders to watch
Democrats are scrambling for a new leader to head the party and organize resistance to President-elect Trump following Vice President Harris’s loss in November's election. Several top names have ...The Hill - Jan. 1 -
Number of migrants crossing Channel in small boats rises to 36,816
2024 was the deadliest year in the Channel, with 77 people known to have drowned trying to cross.BBC News - Jan. 1 -
Bus passengers in England face £1 fare cap rise
One leading lobby group said it would result in a "costly start" to 2025 for many bus passengers.BBC News - 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 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - 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 -
Display collapses on kids, families after balloon drop mishap in Peabody
Several children were hurt when a display collapsed during a New Year's Eve event for kids in Massachusetts.CBS News - Dec. 31 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1 -
The Papers: Energy bills 'to rise further' and world rings in 2025
The energy price cap rise and New Years' celebrations make the front of Wednesday's papers.BBC News - Jan. 1
