Ppg Profit Hit by Covid 19 Disruptions in China
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Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Exxon and Chevron profits dragged down by weaker gas prices
Quarterly results signal pullback from bumper earnings in past two yearsFinancial Times - Business -
Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped more than 3% Friday after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.MarketWatch - Business -
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.The New York Times - Tech -
Generative AI is generating astronomical profits by trampling authors and publishers
Big tech wants a pass on the indiscriminate appropriations they have already undertaken and continue to press for their own gains. There isn’t a single, rational reason to accommodate them.The Hill - Politics -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Ukraine Aid Lifts Defense Industry as Debate Over Profits Reignites
A long-delayed $95 billion package supports shells, missiles and drones for three countries, boosting defense companies, as scrutiny grows on share buybacks.The Wall Street Journal - World - Ukraine -
Tensions ratchet up between China and the west
Also in this newsletter: new weapons for Ukraine, German recovery, the value of loyaltyFinancial Times - World - China -
China Orders Apple to Remove Popular Messaging Apps
WhatsApp, Signal and Telegram among apps cut from iPhone app store to comply with censorship demand.The Wall Street Journal - Tech - China -
There Is No TikTok in China, Only Douyin. Here’s What It Is.
ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world, Douyin is the company’s cash cow and a China mainstay.The New York Times - Business - Tiktok -
Blinken tackles a tough China visit. Will it help?
Blinken's trip is a sign of improved US-China ties, but it's a relationship that still crackles with tension.BBC News - Top stories - China -
There Is No TikTok in China, Only Douyin. Here’s What It Is.
ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world, Douyin is the company’s cash cow and a China mainstay.The New York Times - Top stories - Tiktok -
China Repairs Space Station Damaged by Debris Strike
Yahoo News - World - China -
Putin announces plans to visit China in May
Russian President Vladimir Putin said he plans to visit China in May, in what could become the first foreign trip for the Russian leader after he extended his rule by six more years in an election that offered voters little real choiceABC News - World - China -
States Take On China in the Name of National Security
State officials, overriding local interests such as new investment and jobs, say they are acting where Congress hasn’t to address American distrust of Beijing.The Wall Street Journal - World - China -
Antony Blinken meets with China's President Xi as US, China spar over bilateral and global issues
U.S. Secretary of State Antony Blinken has met with Chinese President Xi Jinping and senior Chinese officials in BeijingABC News - World - China -
China warns US not to step on its 'red lines'
US Secretary of State Antony Blinken is in China in an attempt to put relations on an even keel.BBC News - Top stories - China -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - World - China -
China's Gold Consumption Rises on Safe-Haven Demand
Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.The Wall Street Journal - World - China -
Blinken meets with China's Xi as differences grow
Secretary of State Antony Blinken met with China’s President Xi Jinping and other Beijing officials as differences between the two nations grow on a number of issues. Blinken said he outlined the U.S. worries with China, mentioning Beijing's ...The Hill - Politics - China -
Blinken Meets With Xi as U.S. Pressures China to End Support for Russia
Secretary of State Antony Blinken met with Chinese Leader Xi Jinping to discuss issues including China’s help for Russia’s arms industry and its military posture in the South China Sea.The Wall Street Journal - World - China -
A tornado in southern China kills 5 people and damages factories in the metropolis of Guangzhou
State media says a tornado has struck the southern Chinese city of Guangzhou, killing five people and damaging more than 140 factory buildingsABC News - World - China -
Musk in China to discuss enabling full self driving
China is Tesla's second-biggest market but the company has not enabled autonomous driving in the country.BBC News - Top stories - China -
Ukraine throws wrench in warming US-China ties
Recent breakthroughs in U.S.-China ties are already starting to fray over Beijing’s support for Russia in Ukraine. Despite renewed communications between Washington and Beijing, championed since late last year, the U.S. is angry about China’s ...The Hill - Politics - Ukraine -
Tesla chief Musk meets China’s premier in Beijing
Billionaire arrives in world’s largest car market as he makes push on ‘robotaxis’ in bid to revive fortunesFinancial Times - Business -
Elon Musk makes unannounced visit to China
Tesla boss reportedly meets Premier Li Qiang in visit aimed at sealing rollout of Autopilot software and transferring data overseas. Tesla among electric carmakers forced to cut prices as market stalls. The Tesla CEO, Elon Musk, arrived on an ...The Guardian - World - Elon Musk -
Cole Irvin throws 7 innings of 4-hit ball and Orioles hit three homers to beat Athletics 7-0
Cole Irvin scattered four hits over seven innings, Adley Rutschman and Ryan Mountcastle homered on successive pitches and the Baltimore Orioles blanked the Oakland Athletics 7-0ABC News - Sports - MLB -
Huge fire seen as Ukraine hits Russian oil depots with drone strike
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.CBS News - World - Ukraine -
Ukraine used secretly supplied US missiles to hit Russian targets
The U.S. has already provided long-range Army Tactical Missile Systems (ATACMS) to Ukraine, according to a Pentagon spokesperson. President Biden in February directed officials to supply the longer-range versions of the ATACMS, which have been ...The Hill - Politics - Ukraine -
Taylor Swift hits 1bn Spotify streams in a week with Tortured Poets Department
Swift’s new album breaks another streaming record after already becoming the platform’s most-streamed album in a day. Taylor Swift’s new album The Tortured Poets Department has become the first to reach 1bn Spotify streams in a week.. The platform ...The Guardian - World -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Liverpool's Premier League title hopes hit by 2-0 loss to Everton. Man United survives another scare
It looks like there will be no dream send-off for Jurgen Klopp after a 2-0 loss at Everton dealt a major blow to Liverpool’s Premier League title hopesABC News - Sports - Premier League -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
McConnell hits Biden for ‘sending a green light to Putin’ with Afghanistan withdrawal
Senate Minority Leader Mitch McConnell (R-Ky.) criticized President Biden for “sending a green light” to Russian President Vladimir Putin when the U.S. withdrew its troops from Afghanistan. McConnell joined Fox News's "America’s Newsroom" on ...The Hill - Politics - Joe Biden