Chinas Trade Returns to Growth on Back of Ai Equipment Imports
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China’s ‘AI-in-a-box’ products threaten Big Tech’s cloud growth strategies
Huawei leads trend of providing companies with means to power their own artificial intelligence apps rather than through public cloudFinancial Times - World - China -
China Is Not Just Another Trading Partner
‘I support free global trade except with countries that cheat and steal and use slave labor.’The Wall Street Journal - World - China -
‘Bidenomics’ 2.0 or ‘Trumponomics’ 2.0? Both would hurt trade and growth.
Joe Biden and Donald Trump are each pushing a protectionist agenda that weakens U.S. interests at home and globally.MarketWatch - Business -
Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China
The report also found that Jaguar Land Rover and Volkswagen bought parts from a supplier the U.S. government had singled out for its practices in Xinjiang.The New York Times - Top stories - China -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Putin arrives in China's 'Little Moscow' as allies aim to deepen trade
It comes a day after the Russian and Chinese leaders pledged a "new era" of partnership between their countries.BBC News - Top stories - China -
Last pandas in the U.S. are going back to China
The last pandas in the U.S. --four at Zoo Atlanta -- will soon be heading back to China this fall as a loan agreement expiresCBS News - Top stories - China -
Is Double Denim Back? Fashion Savants Have Proclaimed Its Return.
It’s twilight time for the era of hoodies and sweats. Make way for another kind of suit, pairing a trucker jacket with matching jeans.The New York Times - Lifestyle -
Atlanta zoo set to return last giant pandas in US to China
Zoo Atlanta is preparing to send its giant pandas back to China, following suit with other states, the zoo confirmed Friday in a press release. “With the 2024 expiration of Zoo Atlanta’s giant panda agreement with China, preliminary plans are ...The Hill - Politics - China -
China rolls out new measures to fix its property crisis, spur growth
Yahoo News - World - China -
China rolls out new measures to fix its property crisis, spur growth
China has announced fresh measures to revive its ailing property industry after the latest data showed housing prices slumped further in AprilABC News - World - China -
America’s approach to China’s rapid growth has lessons for us all | Larry Elliott
Protectionism in the form of tariffs is justified but the focus will be on whether Beijing retaliates. The global economy is fragmenting and a new era of protectionism has dawned. Dreams by free marketeers of a frictionless world in which goods ...The Guardian - World - China -
Smaller European brands are embracing the U.S. as alternative growth markets such as China and Russia become increasingly fraught.
Smaller European brands are embracing the U.S. as alternative growth markets such as China and Russia become increasingly fraught.The Wall Street Journal - World - China -
Last pandas in the U.S. have a timetable to fly back to China
Atlanta received Lun Lun and Yang Yang from China in 1999 as part of a 25-year loan agreement that will soon expire.CBS News - Top stories - China -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China -
How China is using AI news anchors to deliver its propaganda
News avatars are proliferating on social media and experts say they will spread as the technology becomes more accessible. The news presenter has a deeply uncanny air as he delivers a partisan and pejorative message in Mandarin: Taiwan’s outgoing ...The Guardian - World - China -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.The Wall Street Journal - World -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.
Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.The Wall Street Journal - World -
Denmark Raises Growth Forecast as Novo Expands Output
Yahoo News - World -
Vietnam to Prioritize Economic Growth as Challenges Mount
Yahoo News - World -
Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
'Pax Economica' Review: When Free Trade Was Progressive
Early opponents of trade tariffs wanted economic policy to back a radical vision for world peace.The Wall Street Journal - World -
How Zola's Co-founder Learned the Importance of Setting Clear Expectations
Growth requires accountability.Inc. - Business -
NFL schedule reaction: 10 most important fantasy matchups of 2024
The NFL schedule release, much to the chagrin of Andy Behrens, has become a thing. But here on the Yahoo Fantasy pod, we take the schedule release and turn it into a goldmine of fantasy content and conversation. Now that we know the when, Dalton ...Yahoo Sports - Sports - NFL -
Kevin Spacey: 'Tremendously important' #MeToo movement has shifted 'in the direction of unfairness'
Kevin Spacey says while the #MeToo movement has been "tremendously important," the pendulum has "swung very, very far in the direction of unfairness." "I think, first of all, we live in a country that embraces and believes in due process, and ...The Hill - Politics -
A Judge Ruled That Tacos Are Sandwiches. Here's Why That's Important for Food Entrepreneurs
An Indiana judge ruled that tacos and are 'Mexican-style sandwiches' in an entrepreneur's case challenging zoning laws restricting certain restaurant activities.Inc. - Business -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Want More Customers? High-Growth Founders Balance These 2 Strategies
In the Inc. 5000 Community's May kick-off call, all-star entrepreneurs offered their best advice on customer acquisition -- and it landed squarely in two simple but essential categories.Inc. - Business -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
EasyJet’s new pilot faces a fight to convince investors on growth
Nerves about the airline industry are never far awayFinancial Times - Business -
Leading index for U.S. economy sinks again and points to slower growth
The leading indicators for the U.S. economy fell in April for the second month in a row and pointed to ”serious headwinds to growth.”MarketWatch - Business -
Former ‘Love Island’ stars charged with promoting trading scheme on Instagram
UK’s Financial Conduct Authority accuses ‘finfluencers’ in social media crackdownFinancial Times - Business -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
Chaotic House Oversight meeting as Greene, Crockett trade insults
A House Oversight Committee hearing discussion turned personal after Georgia Rep. Marjorie Taylor Greene commented on Texas Rep. Jasmine Crockett's appearance. CBS News congressional correspondent Scott MacFarlane has more.CBS News - Top stories -
Chinese Shares End Higher; Commodity Stocks Lead Gains
China’s benchmark Shanghai Composite ended 0.5% higher, as sentiment remained positive following Beijing’s stimulus measures targeting the property sector.The Wall Street Journal - World - China